Daily Archives: May 13, 2020

MSMEDA funds micro enterprises with KE 620 mln via Banque Du Caire

Minister of Trade and Industry and CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA) Niven Gamea’ and Board Chairman of Banque Due Caire Tarek Fayed witnessed the inking of two contracts to support and fund micro enterprises …

PM: We tabled scenarios for luring further investments

Prime Minister Mostafa Madbouli said that the government has already tabled a group of scenarios for luring more foreign investments into the country and securing further jobs after the coronavirus crisis ends.
Madbouli’s remarks came during his meeting on Tuesday …

Manpower Minister meets Huawei Egypt CEO

Manpower Minister Mohamed Saafan held a meeting on Tuesday 12/5/2020 with Huawei Egypt CEO Vincent Sun to discuss ways of boosting joint cooperation in the field of communications and information technology.
The minister called for activating a cooperation protocol between …

Govt allows natural gas-based industry projects to work under free zone system

The Cabinet approved during its meeting on Wednesday 13/5/2020 a proposal submitted by the General Authority for Investment and Free Zones (GAFI) on amending article 34 of investment law no. 72/2017.
The new amendment allows granting a license to natural …

Egypt records 347 new coronavirus cases, 11 deaths during past 24 hours

Egypt recorded during the past 24 hours, 347 new coronavirus cases and 11 deaths, which raises the total infected patients of COVID-19 to 10,093 and the total deaths to 544 according to Health Minister’s daily briefing.
Health Ministry Spokesman Khaled …