11 mining companies won a gold ore exploration bid on an area of about 170 km2 in the Eastern Desert and the Red Sea.
The list includes securities that may be written off in the event that they do not comply with the rules of registration and disclosure, or that intend voluntary delisting, EGX clarified.
Borisenko confirmed that Russian companies are interested in enhancing cooperation with Egyptian businessmen in the local market, which he described as very attractive for investment.
These meetings aim to promote economic relations between Egypt and France amid the current difficult circumstances and efforts to combat COVID-19 epidemic.
Abdel Wahab was reviewing a report with Prime Minister Mostafa Madbouli, saying that 1,672 companies had been established in June compared to 1,449 companies in the same period in 2019.
The Egyptian government approved on Tuesday the executive plans for implementing the six-month initiative to encourage buying local products.
Cooperation deals were signed with Chile, Somalia, Equatorial Guinea and the US Trade and Development Agency
The new system aims to select companies, offer advantages and provide technical consultations.
Minister of Public Business Sector Hesham Tawfik said that the companies are working in many fields.
Nasr added that these amendments will have a positive effect, especially as some of the expected expansions are larger in size and value than projects already in place.
Egypt’s State Council is finalizing the revision of a draft law enhancing integrity and transparency at companies, said the deputy head of State Council.
The meetings took place during EGYPS 2019 Expo, said a statement by his ministry.
State-run Administrative Capital for Urban Development decided that foreign companies will manage and operate services inside the New Administrative Capital.
The minister clarified that the number of established companies reached 20,000 firms, with an increase of 29.1 percent compared to previous year.
Executive Director of the Council Maha Saleh affirmed that Automechanika is considered one of the world's biggest exhibitions for the automotive sector.
Mona Zobaa said GAFI launched a nationwide survey to follow up the statuses of the projects being conducted and highlight the hardships they are facing to overcome.
The minister added that debts to foreign companies are set to be fully paid by the end of 2019, hoping to pay them sooner.
“The total current economic cooperation portfolio between the two states amounts to €1.2 billion,” the minister said.
The total issued capital of the new companies is worth LE 4.3 billion, with a 106 percent increase, compared to LE 2.1 billion in May 2017, the ministry said in its monthly bulletin.
Ministry of Investment will launch an initiative for companies to participate in projects of social responsibility on June 30.