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1 March

Monday, 2021


Magazine Egypttoday Dec-Jan

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Egypt’s Entrepreneur Awards Kicks off to Recognize the Achievements of National Talents in Leading Industries

Sun, 28 Feb 2021 - 02:52 GMT

Mansi: Egypt’s entrepreneurs need a platform where their achievements are celebrated and recognised; EEA was founded in order to to create a focal point where entrepreneurs can meet, thrive, and inspire younger generations to pursue their dreams.

Egyptian gov't reviews cases exempted from real estate disposal tax

Sun, 28 Feb 2021 - 02:48 GMT

Cases exempted from the tax on real estate transactions according to the law, are "providing the property as an in-kind share in exchange for a share in the capital of a joint-stock company, provided that the corresponding shares are not disposed of for a period of five years."

Red dominates EGX trading Sunday, market cap. loses LE5.28B

Sun, 28 Feb 2021 - 02:25 GMT

The benchmark EGX30 declined 0.80 percent, or 92.89 points, to end at 11,525.02 points.

Oriental Weavers Company registers net profit after taxes of LE 1.11B during 2020

Sun, 28 Feb 2021 - 02:07 GMT

As for standalone results, the company's profits declined during 2020 to reach LE 549.33 million, compared to about LE 708.61 million in 2019.

Amer Group records profits of LE 1.38B in 2020

Sun, 28 Feb 2021 - 12:54 GMT

As per standalone profits, AMER recorded profits of LE 34.04 million in 2020, compared to LE 60.43 million in 2019.

Egypt’s Intl. Cooperation min., UNDP, Catalyst Partners team up on 'Impact Investing'

Sun, 28 Feb 2021 - 11:22 GMT

As part of this broader scope of work, UNDP and the Egyptian private equity Catalyst Private Equity (CPE) will put in practice an impact measurement towards the SDGs of private sector enterprises and private investments.

Microfinance in Egypt exceeds LE19B in 2020

Sun, 28 Feb 2021 - 11:09 GMT

FRA indicated in a report, Saturday, that the number of microfinance beneficiaries reached 3.2 million by the end of 2020, up from 3.1 million during 2019.

Egypt’s central bank issues LE 19B on T-bills Sunday

Sun, 28 Feb 2021 - 10:45 GMT

The T-bills will be offered in two installments; the first installment is valued at LE 11.5 billion with a 91-day term.

Egypt produces 2.2M tons of fish in 2020 achieving self-sufficiency by 80%

Sun, 28 Feb 2021 - 09:59 GMT

Meselhy detailed the three pillars of fish production development assumed by the authority.

Concrete structures of 15 towers in Egypt’s New Alamein city completed: Gov’t

Sat, 27 Feb 2021 - 02:43 GMT

The government announced the completion of the concrete of 15 towers, with heights reaching 42 floors, in the beach area of the New Alamein City.


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