GOVERNMENT

20 Jun 2019

Sisi to inaugurate KIMA2 on June 30 offering 3.7K jobs

CAIRO – 19 June 2019: President Abdel Fatah al-Sisi will inaugurate KIMA 2 plant on June 30, 2019, Chairman of Chemical Industries Holding Company Emad el-Din Mostafa said.

Mostafanotedthat KIMA 2 is the largest chemical project in the Middle East with an area of 60 feddans;"...

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20 Jun 2019

Cabinet denies forcing textile workers to retire early

CAIRO, June 19 (MENA) – The cabinet’s media center denied reports on spinning and textile company workers being forced into an early retirement as part of an EGP 21 billion plan to develop the textile sector.

In a statement released Wednesday, the cabinet said it"...

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17 Jun 2019

No new taxes to be imposed on citizens: government

Cairo: Egypt’s cabinet denied reports claiming that the government could impose new taxes on the citizens to face the fiscal deficit, the cabinet said in a statement on Friday.

“The Ministry [of Finance]"...

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05 Jun 2019

The Commission on Elections in the Philippines Selects Gemalto’s Biometrics Solution to Ensure Secure and Rapid Voter Authentication

Electoral commissions have the delicate task of maintaining reliable and correct electoral registers as part of the execution of the election. To help ensure secure and accurate voter verification before issuing ballot slips, the Commission on Elections (COMELEC) in the Philippines has"...

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05 Jun 2019

Qatar Investment Authority Leads Over $500 Million Strategic Growth Investment in SoFi

Qatar Investment Authority (QIA) today announces that it is leading an over $500 million equity financing in SoFi, a mobile-first personal finance company, alongside existing investors and SoFi CEO, Anthony Noto.

SoFi"...

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02 Jun 2019

Egypt: Parliamentary committee recommends 15% increase in judicial bodies’ budget

The Egyptian Parliament’s Legislative and Constitutional Affairs Committee has recommended increasing the share of the judicial bodies’ by 15 per cent during 2019-2020.

“We do not accept that"...

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02 Jun 2019

Government settles negotiations with Siemens Gamesa to establish €2bn wind farms

The government is set to finalise negotiations with Germany’s Siemens Gamesa for establishing wind farms with total capacity of 2GW and investments of €2bn ($2.24bn), after receiving a report from the Minister of Electricity, Mohamed Shaker, on the details of the agreement.

"...

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29 May 2019

British secretary of state lands in Egypt to unveil new agreements

Cairo: British Secretary of State for International Trade Liam Fox arrived in Egypt for his first official visit to the country to unveil new agreements in transportation, healthcare and financial services.

In"...

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22 May 2019

Moldova Citizenship-by-Investment Program Completes First Successful Application

As concessionaire of the Moldova Citizenship-by-Investment (MCBI) program, Henley & Partners is pleased to note the successful completion of the first citizenship-by-investment application in the country. Henley & Partners has over 20 years of experience in strategic consulting, working with sovereign states around the globe in the design, set-up, and operation of the world’s most respected investment migration programs. The completion of the first citizenship-by-investment application process in Moldova clearly illustrates the features that are at the core of the MCBI program: impressive efficiency and a firm commitment to best......

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