private sector

Egypt receives first the signaling systems for monorail train
Egypt

Egypt receives first the signaling systems for monorail train

Egypt will receive the first two monorail trains for the Nasr City – New Administrative Capital monorail line at the…
Egypt to produce its first electric bus
Egypt

Egypt to produce its first electric bus

Minister of Military Production Mohamed Ahmed Morsy announced that a cooperation agreement with MCV company has been established via a…
Egypt sets minimum wage in private sector at LE 2,400
Egypt

Egypt sets minimum wage in private sector at LE 2,400

The National Wages Council on Monday has set the minimum wage for workers in the private sector at LE2,400 per…
Egypt, EBRD discuss investment in solid waste management
Egypt

Egypt, EBRD discuss investment in solid waste management

Egyptian Environment Minister Yasmine Fouad on Friday held a video-conference with representatives of the European Bank for Reconstruction and Development…
Central Bank of Egypt suspends work on July 1st, 2nd
Egypt

Central Bank of Egypt suspends work on July 1st, 2nd

The Central Bank of Egypt (CBE) on Monday decided to suspend work on Wednesday, July 1 and Thursday, July 2…
Egyptian govt. to provide assistance to private sector if needed: Sisi
Egypt

Egyptian govt. to provide assistance to private sector if needed: Sisi

Egypt’s government will provide assistance to the private sector of the economy if needed, President Abdel Fattah al-Sisi said on…
Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative
Business

Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative

The Central Bank of Egypt (CBE) on Sunday decided to expand the base of beneficiaries for its LE100 billion stimulus…
Mashat discusses cooperation between Egypt, World Bank during visit to US
Business

Mashat discusses cooperation between Egypt, World Bank during visit to US

Egypt’s Minister of International Cooperation Rania al-Mashat met with President of the World Bank Group David Malpass during her official…
Egypt’s Sisi opens new factories under Ministry of Military Production
Egypt

Egypt’s Sisi opens new factories under Ministry of Military Production

Egyptian President Abdel Fattah al-Sisi opened on Monday “military factory 300,” which is affiliated with the Ministry of Military Production’s…
Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget
Business

Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget

Egypt’s Finance Ministry said on Sunday that it would open up the new draft of the government’s  2020/2021 budget to…
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