News
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Egypt’s auto market June sales surge 18%
This comes despite auto market sales in Q2 of 2020 reportedly being declining 3.8% y-o-y, and 35.3% quarter-on-quarter, amounting to 37,400 units.
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EgyptAir for Aviation Services granted new international ISO certificate
Chairman of EgyptAir for Aviation Services company explained that such international accreditation help in conducting cooperation agreements.
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Shahid to provide premium content for free to Vodafone Egypt subscribers
This comes after a successful trial in March, being released to 200,000 customers using direct billing via the “Ana Vodafone” app.
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In pics: livestock market ahead of Eid al-Adha in Cairo, Egypt
As Egypt prepares for Eid El-Adha end of July, Xinhua gathered pictures of the livestock market to show the preparations.
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Egypt's SODIC focuses on keeping operations on schedule
SODIC spent $59mln on construction in Q1 of 2020, says top executive.
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Running on natural gas
The government is keen to switch more vehicles in Egypt to run on natural gas.
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EIB grants Egypt €1.9bn
The sum is to support Egypt's public transport, business investment.
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Egypt increases stamp duty on mobile users starting July
Unlike prepaid customers, the tax will be paid by monthly billing customers once a year.
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Egypt setting up e-commerce platforms targeting Africa
The aim is to boost trade exchange with countries that have trade agreements with Egypt, especially in Africa.
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Egypt leads emerging market currencies in 3 years
The EGP appreciated by 10.8% against the US dollar.
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Egypt takes measures to improve business climate, says minister
Indeed the outbreak of coronavirus has resulted in many challenges, but has also created many opportunities on the medium term.
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Egypt determined to revive Corona-hit tourism
Tourism is said to account for more than 12% of Egypt’s GDP.
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Inertia expects local property market recovery in H2 of 2020
The recovery will also be boosted by postponed purchase decisions in the second quarter (Q2) of 2020.
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Egypt's Ministers of Planning, Environment discuss green economy strategy
Guidelines for general environmental standards will be developed in across Egypt's various sectors, which will come within a joint brochure.
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Egypt receives second of 32 trains from Hyundai Rotem for Cairo metro
Transportation minister El-Wazir said that the arrival of several trains comes in parallel with the conclusion of construction at Phase 4.
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Egypt creates business-friendly environment by easing investor routes
Economic reforms undertaken by the Egyptian government have been key to the country's progress since 2016.
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Egypt Business Activity Rebounds to 4-Month High
A measure of conditions in the non-oil private sector bounced back to the highest in four months thanks to slower rates of decline in new business.
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Fire breaks out at market in Cairo, destroys shops
No casualties reported.
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Egypt dealing with COVID-19 impacts by increasing investments
El-Said said that in the FY2020/2021 budget, communication and information technology investments have been increased by 300 percent.
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Saudi Telecom Extends Vodafone Egypt Stake Purchase for Second Time
STC needs another two months to complete the purchase of Vodafone Group's 55% stake in Vodafone Egypt.