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Trade Ministry issues 4 decrees for manufacturers, importers to commit to Egyptian standards

The Minister of Trade and Industry, Amr Nassar, issued four ministerial decrees on granting manufacturers, and importers of food commodities, as well as engineering products a deadline in order to adjust their conditions in accordance with Egyptian standards, in addition to obliging the manufacturers of food commodities to produce in accordance with Egyptian standards. The …

Daily News Egypt

Roman-Ptolemaic maintenance workshop unearthed in North Sinai

An ancient Roman-Ptolemaic maintenance workshop which was used to repair ships during this era was discovered in Til Abu Sefi, North Sinai, the Ministry of Antiquities announced on Tuesday. The workshop was found to be built of bricks. The archaeological site used to be a well-known Roman city called Abu-Sila.  Moustafa Waziri, secretary-general of the …

Daily News Egypt

Egyptian banks increase their SME credit by EGP 136bn in 3 years

Egyptian banks increased their SMEs credit by EGP 136bn from end-2015 till end-2018, benefiting about 522,000 foundations, Gamal Negm, deputy governor of the Central Bank of Egypt (CBE), said on Tuesday. The banking sector allocated 65% of its loans to the private sector, Negm said before an IMF conference on its paper about Financial Inclusion …

Hagar Omran

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