Ahmed Mamdouh

Poultry producers complain of losses amid imports’ low prices

Thu, 21 Dec 2017 - 07:00 GMT

Local poultry-producing companies complain of major losses during the past three months.

Why starting production from Zohr is a leap for Egypt’s economy

Sat, 16 Dec 2017 - 04:52 GMT

The first phase of the project will be finalized in June 2018, when production will hit more than one billion cubic feet a day.

More than $30B Russian deals expected during Putin’s visit

Mon, 11 Dec 2017 - 07:00 GMT

President Putin arrived in Cairo on Monday, in his second trip to Egypt within two years.

Facts about MENA's largest fish farm in Kafr El-Sheikh

Sat, 18 Nov 2017 - 04:41 GMT

The first phase in the project will cover up to 70 percent of Egypt’s domestic need of fish.

Sliver of Hope

Tue, 23 May 2017 - 07:00 GMT

The government’s announcement to create a new body for SMEs raises hopes that Egypt’s start-up sector will finally assume .

Highlights of the new investment law

Fri, 05 May 2017 - 12:17 GMT

The Parliament approved a long-awaited investment law on Thursday after passing the last four articles that saw several debates and discussions.

Dollar steady in Egypt’s major banks Thursday

Thu, 04 May 2017 - 02:17 GMT

The U.S. dollar exchange rate stabilized against the Egyptian pound in major banks on Thursday

Dollar stable in Egypt’s major banks Tuesday

Tue, 02 May 2017 - 02:43 GMT

The U.S. dollar exchange rate held steady against the Egyptian pound in major banks on Tuesday

Return of private free trade zones receives mixed reactions from businesses

Mon, 01 May 2017 - 07:57 GMT

CAIRO – 1 May 2017: The parliament’s economic committee has approved the return of the private free trade zones in Egypt, head of the committee revealed Sunday in press remarks.

Mamish appointed new head of SC Zone

Sun, 30 Apr 2017 - 03:07 GMT

Admiral Mohab Mamish, chairman of the Suez Canal Authority, was appointed chairman of the Suez Canal Economic Zone (SC ZONE).

$20B investments approved inside SC Zone

Fri, 28 Apr 2017 - 03:00 GMT

Thirty projects with total investments of $20.3 billion were approved inside the Suez Canal Economic Zone (SC Zone), according to the SC Zone’s 2016 annual report, released Wednesday

Long-awaited dedicated body to support SMEs established

Thu, 27 Apr 2017 - 08:00 GMT

After a government decision to establish a new entity for the small- and medium-sized enterprises (SMEs), the business community pins its hopes on the new body to enable startups to solve the challenges they have been facing for a long time.

Fixed pricing not scheduled as Egypt follows free market rules: Supply Minister

Wed, 26 Apr 2017 - 10:41 GMT

Fixed pricing is not economically convenient for Egypt right now as the state applies the rules of the free market economy, Minister of Supply Aly Meselhi said Monday in a press conference in Beni Suef, South of Cairo

Egypt is open for investment: Minister Sahar Nasr

Tue, 25 Apr 2017 - 07:34 GMT

Minister of Investment and International Cooperation Sahar Nasr said Tuesday that Egypt is open for investment.

Government follows up securing meat supplies ahead of Ramadan

Thu, 06 Apr 2017 - 07:00 GMT

Egyptian Prime Minister Sherif Ismail held a meeting Wednesday to follow up on procedures aimed at importing additional quantities of meat and poultry to meet an increasing demand ahead of and during the Islamic holy month of Ramadan, which begins in May,