German industrial giant Siemens along with Germany’s Federal Ministry for Economic Cooperation and Development (BMZ) signed Tuesday …
Egyptian government
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Egypt News
Intercept leaks: UAE spent $2.7 million to improve Sisi’s image in US
by Yomna Yasserby Yomna YasserThe United Arab Emirates has reportedly been bankrolling efforts to improve the image of the Egyptian government in …
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Real Estate
Egypt to move government premises to the new capital city by 2019
by Yomna Yasserby Yomna YasserThe Egyptian government is planning to relocate its institutions to the country’s new administrative capital by 2019, …
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Industry & Trade
GE wins a mandate to build 50MW solar power plant in Egypt
by Yomna Yasserby Yomna YasserTechnology giant GE has been awarded a contract by the Egyptian government to establish a 50MW solar …
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Industry & Trade
Fuel price hikes to have a ‘limited impact’ on Egypt industrial sector: AmCham
by Yomna Yasserby Yomna YasserFew hours after Egyptian government just announced new fuel price increases, the president of the American Chamber …
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Banks
Foreign investment in Egypt treasury bills jumps to six-year high
by Yomna Yasserby Yomna YasserForeign investment in Egyptian government’s treasury bills is reaching its highest levels in six years since 2011 …
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Financial Institutions
IMF: Egypt must use all tools to alleviate economic reform burdens
by Yomna Yasserby Yomna YasserEgyptian government must use all the tools necessary to relieve the cost of economic reform, whether those …
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Financial Institutions
Exclusive: Egypt to issue $1 billion sukuk in FY2017/18
by Yomna Yasserby Yomna YasserEgyptian government is planning to issue a U.S. dollar sukuk worth $1 billion later in the financial …
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Egyptian government has approved listing 24 percent share of state-owned company Engineering for the Petroleum and Process …
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EGX
Egypt extends capital gains tax freeze for 3yrs, approves stamp duty on stocks
by Yomna Yasserby Yomna YasserThe Egyptian government has approved on Tuesday the extension of a freeze on a capital gains tax …