Government raises drinking water bills in August
The first consumption segment costs 45 piastres per cubic metre, while the fifth costs 215 piastres per cubic metre
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The first consumption segment costs 45 piastres per cubic metre, while the fifth costs 215 piastres per cubic metre
Total expenditure in the Zohr field amounted to $3.8bn
A factory will be opened in December, will cost EGP 5.5bn, and will produce 830,000 tonnes of billet, 550,000 tonnes of steel bars
A committee was formed to calculate money owed to each bakery according to the documents provided by each of them
Developing the EGX plays a pivotal role in the economic reform programme, according to Nasr
The government aims to import 7 million tons of wheat in 2017-2018
753 customers applied to purchase 13,000 calves worth EGP 137.7m
14% increase on ADSL internet bills in all companies
Grants received by the ministry are directed to projects in neediest governorates
The proposal includes doubling bread points by 100%, the ministry confirms that average daily consumption is 2.5-3.8 loaves
Egypt Kuwait Holding Company is looking for new investment opportunities to increase domestic production and reduce imports: Moataz Al Alfi
New refining projects over the coming 4 years will bridge the gap of oil, investments amount to $8.3bn
Egypt attracted $5.9bn in foreign direct investments in the first nine months of FY 2015/16
Investment Ministry allocates booth at the Investor Service Center for entrepreneurs, stresses priority is for small investors
Curbing inflation is a priority and will lead to lower interest rates: Minister of Finance
Youth, investment ministries cooperate to provide employment opportunities for young people
Expected deficit at 9.1%, economic growth at 4.6% to adjust government finances
Decision aims to improve environment, provide better services, and remove obstacles
Proceeds are distributed as $25bn funding, $9bn government debt instruments investments, $20bn concessions and remittances from Egyptians abroad
New plant to be fueled with steam, with a capacity of 650 MW, worth $100m
Government reforms are bold but require faster pace
Measure comes within the economic reform programme to rationalise spending and finance social protection of low income citizens
The package benefits owners of salaries, pensions, beneficiaries of Takaful and Karama, holders of ration cards
The company will supply 100 locomotives and 15-year parts agreement to support Egypt’s transport and infrastructure
Egypt is open to all investments and keen to benefit from German expertise, says Nasr
EGP 10 billion allocated to infrastructure and public utilities across Egypt during 2017/2018
Egypt aims at doubling growth rate by 2021, increase the GDP per Capita to $4,000
Companies include Siemens, Mediterranean Fertilizers Company and El Mahaba for Packaging and Packing Materials
Recent increases reduce the budget deficit and contribute to the control of debt, but increase pressure on citizens, Hani Tawfek
The government is committed to implement the economic reform programme