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Foxconn looking to manufacture and export electronic parts from Egypt
INVESTMENT WATCH- Foxconn looking to manufacture and export electronic parts from Egypt. Picking up where we left off on Thursday:…
Speed Round
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Gov’t raises piped water prices by up to 46.5%
It is about time: Gov’t raises piped water prices by up to 46.5%. Prime Minister Sherif Ismail signed off on…
Mohamed Salah out for up to four weeks, according to Liverpool physiotherapist
Egypt’s favorite footballer could miss the start of the World Cup, according to Liverpool’s club physiotherapist. Mohamed Salah’s shoulder injury…
Hiring of professional contractors and freelancers hired reportedly grows 73%
Who is benefiting from Egypt’s economic growth? Professional freelancers and contractors, according to data from contractor recruitment and management firm…
Electricity Ministry decides to set up one company to operate Siemens’ three power plants
The Electricity Ministry will create just one company to operate the three Siemens-built combined cycle power plants rather than setting…
New tariffs on luxury goods, tariff cuts on some inputs coming in December?
EXCLUSIVE- New tariffs on luxury goods, tariff cuts on production inputs coming in December? The government is preparing to announce…
Cabinet signs off on EGP 70 bn overdraft for FY2017-18 state budget
CABINET WATCH- The Ismail Cabinet signed off yesterday on an EGP 70 bn overdraft for the FY2017-18 state budget to…
2018-19 budget to clear House, head to El Sisi “within days”
BUDGET WATCH- President Abdel Fattah El Sisi will reportedly receive the FY2018-19 state budget “within days” after it comes to…
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