Tag Archives: egypt

#Egypt has limited scope for boosting purchases of local wheat

Cairo – Egypt aims to buy about half of its domestic wheat harvest this year at 4.4 million tonnes and is unlikely ever to get much more from farmers, who need to reserve the rest for seed and to feed their … Continue reading

Posted in Investors, News | Tagged , , , , , , , | Leave a comment

UAE to continue political, economic support to #Egypt after poll – report

CAIRO, May 24 (Reuters) – The United Arab Emirates will continue its political and economic support for Egypt after a presidential election next week that is expected to be won by former army chief Abdel Fattah al-Sisi, Egypt‘s state news agency reported on … Continue reading

Posted in Investors, News | Tagged , , , , , | Leave a comment

HSBC: #Egypt may see economic progress in 2014

Egypt is seeing encouraging signs, showing promise of economic progress in 2014, after losing ground over the past three years, according to a report released on Monday by HSBC. The report pointed to a record rise in economic activity, increase … Continue reading

Posted in News | Tagged , , , | Leave a comment

3.6 mln Egyptians are entrepreneurially active: GEM

The main motive of early stage entrepreneurs in Egypt is necessity, as about 3.6 million Egyptians are early stage entrepreneurially active, of which 1.4 million are nascent entrepreneurs, 2.2 million are owners of new firms, and 1.9 million are owners … Continue reading

Posted in Entrepreneurs | Tagged , , | Leave a comment

#Egypt to partake in investment in #Kuwait on Wednesday

A high-level Egyptian delegation grouping Planning Minister Ashraf el-Arabi and Investment Minister Osama Saleh arrived in Kuwait Tuesday 10/12/2013 on a few days’ visit to attend Arab investment talks. The ministers will represent Egypt at the “Arab Investment Meeting (AIM): … Continue reading

Posted in Investors | Tagged , , , | Leave a comment

Mobile internet use increased 7 % in #Egypt in 2013

Mobile Internet use is on the rise in Egypt, as a new Nielsen Internet profiling survey revealed that 23 percent of Internet users access the Web using mobile devices, up 7 percentage points from a year ago. “Internet on the … Continue reading

Posted in News | Tagged , , | Leave a comment

#Egypt sees 19% rise in tax revenues in first half of FY2013/2014

Egypt’s tax revenues reached LE80.3 billion ($11.7 billion) for the period July to December 10th 2013, indicating a 19 percent increase from the same period in the previous year, according to the ministry of finance, citing Mamduh Omar, head of … Continue reading

Posted in News | Tagged , , , | Leave a comment