October 16, 2019

Etisalat Misr to invest EGP 4.5B in 2020

Cairo: Egyptian telecoms company Etisalat Misr says it will invest around 4.5 billion Egyptian pounds ($277.3 million) within 2020 to modernise its 4G services.

About 50 percent of 4G subscribers in Egypt are Etisalat"...

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Ajman Media City Free Zone Announces Removal of E-Channel Deposit Requirement for Investors; Significant Boost and Cost Advantage for Entrepreneurs October 21, 2019

Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Media City Free Zone announced abolishing the mandatory e-channel deposit for the investors setting up their business"...

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ADX Group Announces IPO Progress, New Cyber Security Offerings October 21, 2019

ADX Group (“ADX”), owner and operator of online business services, online entertainment, and consumer electronics, announced today that the company’s progress"...

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New customs law simplifies procedures, reduces goods' cost: Min October 20, 2019

CAIRO - 19 October 2019: New draft of customs law currently under discussion in the House of Representatives contributes to improving Egypt's ranking in three important"...

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Leather exports decline in 8 months due to global demand October 20, 2019

CAIRO - 19 October 2019: President of the Export Council for Leather Industries Mahmoud Serg attributed the decline of exports of the sector by 31.5 percent during the first"...

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Doosan eyes participating in Dabaa Nuclear Plant, desalination projects in Egypt October 13, 2019

Doosan Heavy Industries and Construction plans to participate in Dabaa Nuclear Plant as well as securing at least one big seawater desalination project to enhance the company’s sustainability in the next five years, said the company’s Country Director Cheolho Cho.


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Audi targets larger customer base in Egypt: EATC October 7, 2019

Cairo: Car manufacturer Audi aims to expand its customer base in the coming period, offering a wider range of models, with prices starting from EGP 500,000, said Joseph Daniel, division head at Egyptian Automotive and Trading Company (EATC), the country agent for Audi and Volkswagen.


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