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The EIB has approved €16.6bn of new financing for projects across Europe and around the world. This includes over €10bn of coronavirus-related investment to improve public health, strengthen public services, and back investment by companies in sectors hit by the pandemic.
Companies highlight lack of facilities given state-imposed restrictions, precautionary measures
The number of people experiencing working remotely (many for the first time) in this situation is immense, and they have a lot of questions. One of the most frequent topics is about successfully negotiating the sudden switch to digital
El Hini said that the holding company’s budget, and those of its subsidiaries, had been prepared before the current crisis took place. It had been hoped that the strong upward trend would continue for the group as a whole, but the ongoing coronavirus crisis and its expected economic consequences will likely negatively affect these expectations.
Webinar brings industry experts together to exchange their knowledge
Accordingly, businesspeople are being asked to bear the costs of accommodating workers for a period of 14 days, equal to the period of quarantine. During this time, workers will double their work shifts to increase production.
Government’s war against corruption must continue, says ambassador
Medhat Khalil appeal against the fine
Three Egyptians on Forbes Africa’s Billionaires’ top 10 list
Egypt’s developer Madinet Nasr Housing and Development (MNHD) announced on Thursday that its pre-sales (contracts and reservations) for the year 2019 reached a record EGP 6.3bn compared to EGP 5.5bn in 2018.
Steel, textiles, waste recycling, sewage water treatment are the main focus of Chinese FDIs in 2020, says embassy
Regeni’s murder case still on top agenda in four high level presidential meetings in 2019
Company to increase the hotel’s room rates to compensate for renovation expenses over six years, says chairperson
Mr. Ayman Mohamed Soliman brings 22 years of experience managing a group of 200+ companies spanning a diverse set of industries, with a global investment and transaction record of accomplishment, and a long-standing track record in managing complex assets and running mega transactions. Over the past 17 years, Mr. Soliman served as a board member …
Egypt is the second strongest industrialised country in Africa, says Weigert
“We cannot ignore latest movements that threaten our ability to develop business and create jobs,” says EBA’s chairperson
On Sunday, EGX indexes bled heavily amid intense selling by Egyptians leading to market losses of EGP 31.5bn
Senior economist at WB calls on government to simplify customs procedures
Ministers urged member states to integrate activities of Regional Action Plan into their National Industrial Development Plans for implementation
MerQ’s participation comes within the framework of supporting the state’s strategy and the Central Bank of Egypt (CBE) to spread awareness of financial inclusion
EGP 326.8bn for health and education, EGP 301bn for wages, EGP 149bn for food and commodities subsidies
CBE may resume interest rate cuts in Q4 of 2019, with a total of 5% over 2 years, says Saada
Omran added, in a Sunday statement, that the proposed amendments aim to make the Central Depository and Registry Law comprehensive, regulating the clearing and settlement operations, whether in the current or future exchanges
Sameh El-Torgoman, Bassem Azab, Sherine Helmy, Ahmed Soliman resign from Beltone
Egypt to reach new economic heights under Al-Sisi’s leadership: Deputy Minister Yun
The company plans to open the mall in the fourth quarter (Q4) of 2019, expecting that it would welcome 10,000 to 12,000 daily visitors
Company targets expansion to 40 branches by year-end, 60 branches by 2020, says chairperson
KfW’s current portfolio in Egypt is at €2.6bn
Fund aims to invest in dry ports, transport operations, storage areas
We have achieved great success in funding traders who previously contracted with Fawry, we plan to expand this: Okasha