Egypt’s fiscal deficit goes up as a percentage of GDP
(3 minutes read)
· Egypt’s total fiscal deficit during July to May of 2019-20 was LE 389.1...
Egypt to focus on technology application to move in value chain
(3minutes read)
· Egyptian Minister of Trade and Industry Niven Gamea underscored the need for technology and its applications for achieving economic...
Tunisian Prime Minister resigns on charges of conflict of interest
(4 minutes read)
· Tunisia’s prime minister resigned yesterday (Wednesday) amid allegations of conflict of interest
· It is rumored...
South Sudan’s president does a balancing act with a ministerial reshuffle
(3 minutes read)
· South Sudan’s President Salva Kiir carried out a mini cabinet reshuffle. This is the first reshuffle since the national unity government...
Egypt receives second tranche of railway coaches from Russia
(3minutes)
· Egypt received the second batch railway coaches built in Russia at the Alexandria Port recently
· The first batch of coaches, that included 22...
Suez Canal Economic Zone charts ambitious development project
(3 minutes read)
· Suez Canal Economic Zone (SCZone) board of directors recently approved a number of mega projects set to be implemented in the...
Egypt will go green by introducing gas as fuel for vehicles
( 3 minutes read)
· President Abdel-Fattah El-Sisi directed banks to provide facilities to citizens to replace old cars with gas-powered vehicles. The assistance, he...
Cairo will have new building laws to decongest the city –President
(3 minutes read)
· Egyptian President Abdel Fattah El-Sisi said that his country has spent LE 280 billion during the past six years to improve...
IFC to invest in local Egyptian company to expand the installation of digital...
· International Finance Corporation proposes to invest $10 mn in a local Egyptian company
· ...
Egypt to focus on import substitution
(5 minutes read)
· Ministry of Trade and Industry of Egypt is embarking on an import substitution drive
·...