Economy

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  • Category : Economy
  • EgyptAir operates Cairo/Hong Kong fresh line

    Date: 2018-09-17 19:24:56 GMT - Egypt - Economy - SN:83 - ID:7580447

    CAIRO, Sept 17 (MENA) - Star Alliance member EgyptAir has launched a new line between Cairo and China's Hong Kong. The fresh route operates Mondays and Fridays with a stopover in Bangkok. The carrier aims to open new markets in one of the most ....

  • Percentage of companies established in 2017-2018 FY rose by 29.1% - Investment min.

    Date: 2018-09-17 17:22:44 GMT - Egypt - Economy - SN:70 - ID:7580246

    CAIRO, Sept 17 (MENA) – Investment and International Cooperation Minister Sahar Nassr said that fiscal 2017-2018 witnessed the establishment or expansion of a huge number of companies after recent economic reforms. In a press conference on Monday ....

  • DevOps Days 2018 conference launched in Cairo

    Date: 2018-09-17 16:38:57 GMT - Egypt - Economy - SN:61 - ID:7580042

    CAIRO, Sept 17 (MENA) – The activities of DevOps Days 2018 conference was launched on Monday in Cairo in which a number of information technology and software companies working in Egypt are participating in the conference. The conference is ....

  • EGX chief, heads of international financial institutions discuss enhancing investment in Egypt

    Date: 2018-09-17 16:35:25 GMT - Egypt - Economy - SN:59 - ID:7580037

    CAIRO, Sept 17 (MENA) – Head of the Egyptian Stock Exchange Mohamed Farid discussed with heads of seven international investment funds means of fostering their investment in the Egyptian capital market. The capital of the seven immense ....

  • Reform of national tax system necessary to promote national economy: EST

    Date: 2018-09-17 15:52:14 GMT - Egypt - Economy - SN:56 - ID:7579815

    CAIRO, Sept 17 (MENA) - The reform of the national tax system is a necessary step to promote national economy, which includes providing any reformative policies and programs that help attain materialize economic and social development, Head of ....

  • Gastec, Eni sign agreement to establish fuel stations

    Date: 2018-09-17 14:02:40 GMT - Egypt - Economy - SN:46 - ID:7579805

    CAIRO, Sept 17 (MENA) - Gastec Company and Italian Company Eni have signed an agreement to establish auto service and gas and natural gas fuel stations in various areas across the country particularly in Upper Egypt to serve owners of natural ....

  • Bourse loses EGP 9.2 bln

    Date: 2018-09-17 14:01:04 GMT - Egypt - Economy - SN:45 - ID:7580003

    CAIRO, Sept 17 (MENA) - The Egyptian Exchange (EGX) indexes went down collectively at the close of trading on Monday amid selling operations by foreign institutions and investment funds, while Arab and Egyptian investors tended to purchase. The ....

  • Egyptian economy more ready to interact with BRI

    Date: 2018-09-17 13:38:08 GMT - Egypt - Economy - SN:42 - ID:7579698

    ALEXANDRIA, Egypt, Sept 17 (MENA) - Minister of Transport Hisham Arafat said that the Egyptian economy is now all the more ready to interact with the Chinese Belt and Road Initiative (BRI). He noted that there are several positive indicators in ....

  • Minister: We focus on reforms of companies

    Date: 2018-09-17 12:48:59 GMT - Egypt - Economy - SN:39 - ID:7579754

    CAIRO, Sept 17 (MENA) - Minister of Public Enterprise Sector Hisham Tawfiq said the portfolio of the his ministry has 121 companies including eight holding ones. In a press conference on Monday, the minister said 73 companies achieved profits ....

  • Telecom Egypt concludes acquisition of MENA Cable at dlrs 90 mn

    Date: 2018-09-17 12:23:14 GMT - Egypt - Economy - SN:34 - ID:7579688

    CAIRO, Sept 17 (MENA) - Telecom Egypt has announced the conclusion of the acquisition of Middle East and North Africa Submarine Cable (“MENA Cable”) from Orascom Investment Holding “OIH” through its subsidiary Egyptian International Submarine Cable ....

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