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ITIDA disburses second batch of export subsidies to Egyptian IT firms
ITIDA disburses second batch of export subsidies to tech firms: The CIT Ministry’s Information Technology Industry Development Agency (ITIDA) has…
Mediterranean Capital Partners closed its EUR 286 mn MC3 Fund with earmarks for Egypt
Mediterranea Capital Partners closed its EUR 286 mn MC3 Fund which will be investing in new and existing SMEs across…
Auto sales show solid growth in 1Q2020, but most of the gains came before covid hit in the second half of March
Auto sales show solid growth in 1Q2020, but most of the gains came before covid hit in the second half…
More than half of Greater Cairo’s outdoor billboards were empty in April 2020
Sign of the times: More than half of Greater Cairo’s outdoor billboards were empty in April 2020, compared to a…
House approves new fees to help government plug the deficit as it spends bns to fight covid-19
LEGISLATION WATCH- House approves new fees to help government plug the deficit as it spends bns to fight covid-19: The…
Gov’t cuts growth outlook for FY2020-2021 — again
Gov’t again cuts growth outlook for FY2020-2021: The government has revised downward its growth outlook for FY2020-2021 to 2% from…
Egypt’s hotels to reopen from for domestic holiday makers from 15 May — under conditions
Gov’t to allow staycations from 15 May as it seeks relief for tourism sector: Hotels will be permitted to open…
EFIC appoints Mohamed El Abassy as chairman
MOVES- Mohamed El Abassy has been appointed as chairman and managing director of fertilizer manufacturer Egyptian Financial and Industrial Co.…
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