Spare-Parts News
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IMF concludes visit to Egypt
IMF recommended flexible exchange rate, implementing VAT.
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Egypt’s August exports drop to $1.433b
Meanwhile, the imports soared by 15.3 percent in June 2015, to a total of LE40.7 billion.
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Egypt's trade deficit grows 62.5 percent in June
Egypt's trade deficit continues to grow on higher crude oil exports.
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Egypt’s economy may grow 4.5% in FY 15/16
budget shortfall shrank from 13 percent to 10 percent in FY 2015/2016, while it is projected to slow down to 8 or 9 percent in the coming years.
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Egypt moves to protect locally made products
The regulation clarified the needed rules for enhancing the values of transparency and it doesn’t have any discrimination against Egyptian products.
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Ending parallel market has positive impact on Egypt's economy
Egypt is on its way towards achieving economic recovery, Ramez noted, asserting that Egypt's economy proved to be tough in face of serious challenges.
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Egypt needs more investments to boost its economy
The government is hoping for a total of $10b in investment in the 2015-16 fiscal year.
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Egypt creates ministerial committee to settle investor-government contract disputes
The committee will include the ministers of finance, justice, transitional justice, international cooperation, investment, industry and foreign trade.
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Egypt, Indonesia trade exchange up 15% in first five month of 2015
Egypt and Indonesia's trade exchange from January to May has increased 15 percent compared to the same period of the previous year.
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Egypt a prime market for UAE businesses
The country still faces challenges as it attempts to transform its economy.
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Egypt’s business activity soars in August
Companies attributed another sharp rise in purchase prices in August to the ongoing weakness of the Egyptian pound versus the dollar.
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Global Postpartum Hemorrhage Treatment Devices Market to reach USD 926.1 million in 2023
Postpartum Hemorrhage Treatment Devices Market, Global Postpartum Hemorrhage Treatment Devices Market
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Hyundai exports "Made in Russia" cars to Egypt, Lebanon
Hyundai Motors ' factory in St. Petersburg has started production of cars to be exported to the Egyptian and Lebanese markets.
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Egypt-Russia trade exchange hits $5.4bn
President Abdel Fattah el-Sisi planned visit to Moscow will further cement economic cooperation between the two countries.
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New investment opportunities to be created in Upper Egypt
The projects include an international tourist center an international conference center, a Formula 1 race course, a zoo, a film production city..etc.
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Egypt's trade deficit grows 28.7% in May
The CAPMAS report, the rise in imports' value was due to the increase in the value of certain goods such as vehicles.
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Egypt to impose value added tax in 'weeks'
The long-awaited value added tax law will soon be submitted to the cabinet, says Egypt's finance minister.
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Dubai’s Arabtec denies withdrawing from mega Egypt housing project
The project was originally announced more than a year ago but it has not yet been launched.
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Egypt's cabinet approves raising non-taxable income bracket
Up from LE5,000, taxable income will now start from LE6,500 per year.
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Egypt to host Africa 2015 Business Forum
The forum will provide the platform needed for the public and private sector to network, discuss and further advance African business projects.