8/3/2016 - The Egyptian government will introduce amendments to the residency law allowing foreign investors to get a five-year residency permit after making a foreign currency deposit, Cabinet spokesman Hossam ... |
8/3/2016 - The Egyptian government signed a deal with the World Bank for US$500 million in funding for an economic development program in Upper Egypt. The program will be applied in the most needy so... |
8/4/2016 - Egypt's cabinet has approved plans for an international bond issuance of between $3 billion and $5 billion, a finance ministry official said The official said Egypt would initially target $... |
8/4/2016 - Egyptian Finance Minister Amr El-Garhy expects parliament to pass a long-awaited law to introduce Value Added Tax (VAT) by the end of August or early September. Egypt, which is in talks wit... |
8/4/2016 - President Abdel Fattah El Sisi conferred with Social Solidarity Minister Ghada Wali. During the meeting, Sisi stressed the importance that economic reforms would take into account the socia... |
8/5/2016 - China Fortune Land Development Company (CFLD) plans to inject about 20 billion dollars in investments into Egypt within the coming 10 years, the Investment Ministry said in a statement. Inv... |
8/5/2016 - Thirty-seven ships transited the Suez Canal with a total cargo of 2.2 million tons. The south-bound convoy included 23 vessels carrying 1.1 million tons, while the north-bound convoy includ... |
8/5/2016 - Presidential adviser for national projects and former prime minister Ibrahim Mahlab said the State has set timetables to carry out new development projects in North Sinai. Addressing a meet... |
8/5/2016 - Prime Minister Sherif Ismail issued a decision appointing Finance Minister Amr el Garhy as Egypt’s governor at the Asian Infrastructure Investment Bank (AIIB). The decision also appointed M... |
8/6/2016 - President Abdel Fattah El Sisi said Suez Canal revenues were up by 4 percent last year. Sisi interrupted a speech of Suez Canal Authority Chairman Mohab Mameesh during the 1st new Suez Cana... |
8/6/2016 - Head of the General Authority for the Suez Canal Economic Zone Ahmed Darwish met with the Indonesian Minister of Trade to discuss advantages of the Suez Canal Economic Zone given its competitive edge ... |
8/7/2016 - The board of Telecom Egypt , the country's landline monopoly, gave its final approval for plans to buy a fourth-generation mobile phone licence, a senior source at the company said. The sou... |
8/7/2016 - Committees within Egypt’s parliament discussed new cooperation agreements signed with Saudi ?Arabia, at the top of which is the nuclear power agreement signed during Saudi King Salman’s visit to Cairo... |
8/8/2016 - Prime Minister Sherif Ismail said that the first Siemens power plant in Egypt would enter service in December 2016, a statement by the Cabinet reported. Some units will be operated in Dece... |
8/8/2016 - A total of 102 ships transited the Suez Canal in the past two days, with a total cargo of 5.7 million tons, Chairman of the Suez Canal Authority Mohab Mamish said.
The south-bound convoy included ... |
8/8/2016 - PM Sherif Ismail held a meeting with a delegation of representatives of the General Electric Company, including Mr. Nabil Al Habaib, president of the company in the Middle East and North Africa, in th... |
8/8/2016 - Egyptian dailies say Cairo has proposed to IMF delegates an 18-month reform program in return for a $12 billion loan over three years to shore up its economy. Reports by three dailies — Al-... |
8/8/2016 - The Ministry of Tourism, in cooperation with the Ministry of Communications and Information Technology, launched on Sunday an online portal in 14 languages and 250 touristic attraction points. ... |
8/9/2016 - Turkish Airlines announced in a statement it plans to resume its flights to Sharm el-Sheikh starting September 10, 2016. Flights from Istanbul to the Egyptian resort town of Sharm el-Sheik... |
8/9/2016 - Egypt's parliament set prison sentences of between three and 10 years in jail and fines of up to LE5 million (US$563,000) for traders selling foreign currency on the black market. The centra... |