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Egypt’s first bank, Banque Misr was established by Talaat Harb
The bank’s contributions in social responsibility are focused on several axes that include health, education and youth, as youth are considered leaders of the nation’s progress.
Occupancies in Cairo hotels vary between 20%-30%, looks to increase to 70% within last few days of Ramadan
Tourists visiting Red Sea area last year spent 73.8m nights compared to 26m nights in 2013
Tourist resorts threaten to build private water desalination plants away from area’s drinking water network, under company’s plan to increase insurance prices and periods
Ceremony will surprise everyone and the cost is yet to be determined, says Memac Ogilvy & Mather Chairman
Company’s standalone net profits register EGP 221.5m
BP starts supplying 18 liquefied gas shipments to Egypt next month
Finalisation of investment deal expected by December 2015 after customary conditions and requirements are met, says company
There are important qualities and standards that phone companies seek in their customer service agents.
Etisalat Egypt also offered its clients the chance to pay online through a virtual credit card called Flous, in partnership with MasterCard.
The report indicates that Egypt offers good technical support services and communication services, thanks to its manpower who can speak six European languages. Another important factor is Egypt’s low service costs compared to other countries
Centamin hopes for opportunity to repeat successful experience of Sukari gold mine
Bank grants Suez Canal Authority $100m as part of syndicated loan to buy dredgers for new canal
The decision will contribute to increasing Egyptian products’ opportunities to compete in global markets and open new export markets
Economic Summit’s success was in impression and image it conveyed, Tashima said
We will supply Egyptian Ambulance Organization with vehicles soon, says businessman
The source also pointed out that one of the German companies imports cars at €33,000 and sells them in the Egyptian market at over EGP 1.250m, while the cars’ real price should be about €64,000.
Strategy will be re-discussed in cooperation with the Egyptian Council for Cars, says El-Tobgy
Ministerial committee headed by minister of local development to follow up on preparations for organising investment conference in Upper Egypt, says Salman
Tourist authority conducted trilateral protocol focusing on operations of land planning in the area of Ras Mohamed and El-Tor
Security bodies to approve importing gas from Tel Aviv
An increase of 20% in production through Assil and Karam project, 50 oil wells to be drilled this year to keep up with the production rates
The Union of Real Estate Developers Law, and a fund for protecting consumers from commercial risks will be discussed, says the Real Estate Investment Division head
The agreement was signed with initials, it is practically non-existent, but for now COMESA exists, says El-Gabaly
First phase of plan includes Darb Al-Ahmar, Gamaleya and Sayeda Zeinab, says cabinet spokesperson
The celebration was held in the National Museum of Egyptian Civilization, and organised by the National Egyptian Committee of the International Council of Museums (ICOM Egypt) in cooperation with Ministry of Antiquities.
Bank plans to establish company with an initial capital of EGP 5m
We target pumping EGP 650m in large companies sector, about EGP 350m in retail, and small and medium-sized projects sectors, says El-Kosayer
Expected tax revenues for FY 2015-2016 are EGP 422bn, through application of VAT and fighting tax evasion