Market
Hossam El Din's statements are made amid an expected rise in prices due to the devaluation of the Egyptian pound on Thursday.
Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, confirmed that the expansion of electricity generation projects using new and renewable energy in Egypt, has become indispensable, revealing that these projects have a positive impact on the state on different levels.
Those encompass a total of 306,000 units.
The theme of the 21st COMESA Summit is "Building Resilience Through Strategic Digital Economic Integration."
The unlicensed markets are those that are neither monitored by the government nor taxed, and whose output is not counted in the GDP.
Madbouli stated that the app is aimed at making available correct information in order to raise the awareness of people on various matters making good use of digital technology.
The fire urged the halting of the tramway operation.
He stressed that Egypt has great ambitions to become a regional energy hub.
Egypt announced establishing its first commodity exchange company as part of the country’s plan to develop its internal trade, as the commodities exchange will provide protection to small farmers and producers.
A depletion of foreign exchange reserves, weak monetary policy credibility, negative real interest rates, and a sizable current account deficit, have exacerbated external financing risks.
The construction works of a court that will house Men's Handball World Championship taking place on January 14-31 are completed by 95 percent.
Those were committed in less than one week.
Security bodies arrested Saturday an owner of an unlicensed food warehouse in Giza for stockpiling over 26 tons of foodstuffs and withholding them from the market.
Cairo Solar today announced the commissioning of a 495KW pv solar system at Mamiba Cosmetics’ factory in 6th of October.
“The delegation will visit a number of citrus farms and filling and sorting stations, and will be introduced to the system used in agricultural exports for all world markets,” Attar said.
Harbi stressed Africa should be grateful for Sisi as he made the world change its vision concerning Africa.
The benchmark EGX 30 rose 0.73 percent, or 104.57 point, to close at 14,399.7 points.
Sisi asserted the importance of coordination with the Agriculture Ministry and businessmen in order to control the Egyptian market mechanisms.
The Central Bank of Egypt (CBE) launched on Friday a fresh standard for determining a risk-free interest rate.
The crimes varied from bribery and administrative corruption to illegal currency trade, money laundering and tariff evasion.
