World media interested in buying "Coca-Cola" of the chain cafes "Costa"

Eco – Fady Labib: Western and international media, especially those interested in economic and trade issues, have been interested in a deal to buy Coca-Cola for the British coffee chain "Costa". The Coca-Cola Company will be preparing to buy a series of Costa Coffee shops from its owner, The largest of its kind in the world, and is expected to triple its presence in China, becoming the second largest company after Starbucks ... 

Thomas Cook statement following meeting with Egyptian Prime Minister and Minister of Tourism

Cairo - Eco - Nariman Yanny : London, 30 August – Last night, Peter Fankhauser, Group Chief Executive Thomas Cook, met His Excellency Prime Minister Dr Mostafa Madbouly and Her Excellency Minister of Tourism Rania Al-Mashat to discuss the tragic deaths of Mr and MrsCooper in Hurghada on 21 August 2018 and the ongoing investigation ...

STATEMENT FROM EGYPT’S MINISTER OF TOURISM, DR RANIA AL-MASHAT, FOLLOWING MEETING IN CAIRO WITH THOMAS COOK CEO ABOUT TRAGIC DEATHS OF JOHN AND SUSAN COOPER

The Prime Minister of Egypt, Mostafa Madbouly

 
Cairo - Eco - Nariman Yanny : The Prime Minister of Egypt, Mostafa Madbouly, and I have met with Peter Fankhauser, the CEO of Thomas Cook, to discuss the tragicdeaths last week of John and Susan Cooper in Hurghada . The Prime Minister and I gave Mr Fankhauser our absolute assurances that the Egyptian authorities will leave no stone unturned in determining the actual cause of death ...

Partnership Agreement Signed with IFC to Support Emerging Companies, Strengthen Entrepreneurship in Africa

Eco – Fady Labib : On 30 August 2018, Egypt and the International Finance Corporation (IFC) signed a partnership agreement to support entrepreneurs and emerging companies in Africa, enhance innovation, and boost economic growth. The agreement was signed by the Minister of Investment and International Cooperation Dr. Sahar Nasr and IFC Regional Director for the Middle East and North Africa Mr. Moayad Makhlouf ...

"Fitch" puts Egypt a positive outlook and praises the construction and gas sectors

Cairo – Eco – Fady Labib :Fitch Ratings affirmed that it has affirmed its rating for Egypt in both foreign and domestic currencies at (B) with a positive outlook for the Egyptian economy ...

Foreign institutions on 75% of investors encumbered by the Egyptian Stock Exchange by the end of 2018

 Cairo – Eco – Fady Labib : Foreign institutions acquired 75% of the Egyptian Stock Exchange investors by the end of 2018, This reflects the confidence of the foreign portfolios in the Egyptian market following the bold economic reforms implemented by the Egyptian government since November 2016  ...

Wednesday .. The Forum of Cairo for "Blockchain" at " The GrEEK Campus "

  The Cairo Forum for Blockchain will be held on Wednesday, 29 August, from 6:00 pm to 10:00 pm with the " The GrEEK Campus " - located at 29 Al Falaki Street, in Bab El Louk  ...

BUILDING EGYPT .. AND THE EGYPTIAN

Anyone attempting to keep track of the megaprojects opening in Egypt these days may be forgiven for, at some point, losing track. No sooner does President Abdel-Fattah al-Sisi open one than we are informed that another will be opened soon, with more to come.

Earlier this month, on 15 August 2018, President Sisi attended the inauguration ceremony of a number of national projects in the governorate of Beni Sweif some 100km south of Cairo. These included an industrial complex for producing cement and marble, expected to be one of the  largest  in terms of productivity in Egypt and the Middle East ...  more information /en.wataninet.com

STATEMENT FROM EGYPT’S MINISTER OF TOURISM ON BRITISH COUPLE WHO DIED ON HOLIDAY

Dr Rania Al-Mashat

Cairo - Eco - Nariman Yanny : Dr Rania Al-Mashat,Egypt’s Minister of Tourism, said: “Everyone in Egypt is extremely saddened at the deaths of British holidaymakers John and Susan Cooper in Hurghada and our thoughts and prayers are with their family at this extremely difficult time ...

Trump is discussing with a number of business leaders around the world "how to improve jobs in the United States"

Eco - US President Donald Trump said Friday during a tweet on Twitter : In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S. “Stop quarterly reporting & go to a six month system,” said one ...

Global markets are looking for the impact of the Turkish lira crisis

trump and erdogan

Observers and analysts: Investors have defended the dollar because of the deterioration of the Turkish lira as a safe haven

 Eco – Fady Labib :The international media continued to pay attention to the Turkish lira crisis and its impact on the economic situation inside Turkey and abroad. In the British press there is a focus on the fears of the spread of this financial crisis on the global situation ...

"Lira" pressure on the Turkish banking sector .. The application of US customs duties on steel imports August 13

 Eco : The Turkish lira has plunged by up to 18 percent on concern over President Erdogan's influence over monetary policy and tensions between Ankara and Washington, and the Turkish currency has lost more than 27 percent of its value this year ...

" Tarek Amer " : the establishment of a unified African Central Bank requires the will of African leaders

SHARM EL SHEIKH - Eco – Fady Labib:
Tarek Amer, governor of the Central Bank of Egypt (CBE)  and chairman of the African Central Banks Association, said that the establishment of a unified African Central Bank and a unified African currency would be completed by 2043. This requires the consensus and political will of the leaders of African countries. The budget deficit and the monetary reserves, the deficit of budgets, the balance of payments and the legislative...

Ahmed Khattab commenting on the news published in the Egyptian press