logo
ECA hosts EU delegation to discuss national competition strategy

ECA hosts EU delegation to discuss national competition strategy

The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors. The delegation, headed by Annika Eriksgaard, Head of the Directorate-General for Economic and Financial Affairs at the European Union, included representatives from the Ministry of Planning and the UN Trade and Development (UNCTAD).
During the meeting, the delegation was briefed on the steps taken by the Egyptian government to support the Competition Protection Authority and promote competitive neutrality. The discussion also covered the authority's pre-merger control powers, granted through amendments to Law No. 3/2005, and the latest developments in enforcing competition laws and policies across different sectors and markets in Egypt.
The review of the National Strategy for Supporting Competition Policies and Competitive Neutrality highlighted Egypt's initiatives and their positive impact on the country's global economic indicators. Additionally, the meeting focused on enhancing cooperation to promote competition policies and combat monopolistic practices.
Furthermore, the delegation was introduced to the UNCTAD Training Center for Competition Protection in the Middle East and Africa, which plays a crucial role in training competition authority personnel across the region.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Egypt's tobacco imports rise in 1st quarter of 2025
Egypt's tobacco imports rise in 1st quarter of 2025

Egypt Today

timean hour ago

  • Egypt Today

Egypt's tobacco imports rise in 1st quarter of 2025

CAIRO - 6 June 2025: Data from the Central Agency for Public Mobilization and Statistics (CAPMAS) showed an increase in Egypt's tobacco and tobacco paper imports during the first quarter of this year, compared to the same period last year. CAPMAS data estimated Egypt's total tobacco and tobacco paper imports at approximately $45.226 million during the first quarter of this year, compared to $16.425 million during the same period last year, an increase of $28.801 million. Tobacco and tobacco paper imports are among Egypt's most important raw material imports, with their total value declining during the first quarter of this year to $2.209 billion, compared to $2.690 billion during the corresponding period in 2014, a decrease of $480.932 million. The value of Egyptian imports declined in March 2024 compared to the same period in 2024. The total value of imports reached $7.12 billion, compared to $7.91 billion in the same month of the previous year, a decline of 10%. The Central Agency for Public Mobilization and Statistics attributed this decline to a decrease in Egypt's imports of certain commodities, most notably petroleum products, which amounted to $894 million in March 2024, compared to $921 million in the same month of 2024, a decline of 2.9%. This also included wheat imports, which amounted to $233 million in March 2024, compared to $423 million in the same month of 2024, a decline of 44.8%. Imports of medicines and pharmaceutical products also decreased, reaching approximately $221 million in March 2024, compared to $286 million in the same month of 2024, a decline of 22.7%.

President Sisi congratulates Egyptians on Eid Al-Adha
President Sisi congratulates Egyptians on Eid Al-Adha

See - Sada Elbalad

time3 hours ago

  • See - Sada Elbalad

President Sisi congratulates Egyptians on Eid Al-Adha

Basant Ahmed President Abdel Fattah El-Sisi extended his sincere congratulations and best wishes to the great Egyptian people and to the Arab and Islamic nations on the occasion of Eid al-Adha. In a post on his official Facebook page, President El-Sisi prayed to God Almighty to bring goodness, prosperity, and blessing to everyone in this blessed occasion and to protect our beloved country, Egypt. The President added, "Happy returns and happy Eid to you all." read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan

Egyptians Perform Eid Al Adha Prayers
Egyptians Perform Eid Al Adha Prayers

See - Sada Elbalad

time6 hours ago

  • See - Sada Elbalad

Egyptians Perform Eid Al Adha Prayers

Basant Ahmed Egyptians performed this morning the Eid Al-Adha prayers, also known as Salat al-Eid, the special prayer offered to commemorate the two Islamic festivals. In Cairo, the main places known to gather few thousands of people in this occasion is the wide area in front of Mostafa Mahmoud mosque in Mohandessen neighborhood, Al Azhar Mosque and A'mr ibn Al-A'as mosque. Egypt's Dar Al Ifta has announced that Friday, June 6 will mark the 1st day of Eid al Adha. On this occasion, the Egyptian Dar Al Ifta congratulated the Egyptian President Abdel Fattah El Sisi and the Arab world's leaders, wishing the Islamic world all the blessings and peace. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store