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Game-changing Insights into the Real Estate Market
Find out the top 5 trends in Real estate market in 2018 introduced by “propertyfinder.eg” and stay ahead of the game.
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WB president lauds success achieved in Egyptian economy
The bank is working on investing in education, health and social protection to increase growth, Kim said.
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Negotiations over developing Egypt's Suez Canal Zone progressing smoothly
Mamish said good news on an agreement is expected in the next two months.
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Trade exchange between Egypt, Vietnam hits $377M in 2017
The volume of trade exchange between Egypt and Vietnam in 2017 rose to $377 million, compared to $266 million in 2016, which represents 41% increase.
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IHG signs double hotel deal in Egypt with Arabia Hotels
The hotel is scheduled to open in 2023, and with rooms directly overlooking the Pyramids.
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Archaeologists find bust of Roman emperor in Egypt
Egypt says archaeologists have discovered a bust of the Roman Emperor Marcus Aurelius in the southern city of Aswan.
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LG aims to acquire 33% of TV market
Local market expects 40% growth in TV sales during 2018.
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Egypt ranks 167 in paying taxes
Egypt ranks among the slowest 11 countries in Africa in the time required for a company to meet its tax obligations.
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Egypt budget highlights 2018-19: Plans and prospects
The government announced its plans for Egypt’s 2018-19 budget this week, targeting a growth rate of 5.8 per cent of GDP.
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Business France director invites Egyptian companies to SIAL 2018
SIAL Paris is a unique global event involving food companies from all over the world, seconded by Anuga Food Tech.
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Egypt's investment map has promising opportunities
Nasr met with several major US companies desiring to invest in Egypt at the United States Chamber of Commerce (USCC).
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Yorktown selling Egypt oil business Merlon
Private equity firm hopes to raise up to $400mln.
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Egypt buys 190,000 tonnes of locally-produced wheat
The government said last year it would buy wheat from local farmers at global prices this season, which began on April 15 and ends on July 15.
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IMF Expects Economy to Grow At 5.2 in 2018
Egypt is projected to register an economic growth rate of 5.5 in 2019, the IMF added.
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Trade Exchange between Egypt, France records $2.5B in 2016/17
Prevest expected further increase of the trade exchange between the two states in the current fiscal year 2017/2018.
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Egypt exhibiting previously unseen Ptolemaic artifacts
A Dominican archaeological mission unearthed the artifacts in the Taposiris Magna area in the Mediterranean city of Alexandria.
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Project: Strand Guide Rollers
Import of 125 different strand guide rollers of 150, 200, 230 & 250 mm. size
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Project: Security Control Systems
Supply, erection & commissioning of security control systems along fences at company locations
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New governmental measures to battle wheat black market
The Egyptian government recently approved purchasing 150 kilograms of wheat from local farmers at $34.1, which comes to $220 per ton.
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Russia, Egypt to negotiate flights to Hurghada, Sharm El Sheikh at end of spring
On April 11, direct regular flights between Cairo and Moscow were resumed after a break of almost two and a half years.
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PHD adds Egypt to global footprint
As per the Omnicom Media Group agency, the move is in direct response to marketer needs for the agency’s expertise and data-first approach in Egypt.
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International organisations forecast positive expectations for Egypt’s economy
IMF increases growth in Egypt to projected 5.2% this year.
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Egypt aims to import 7mn t of wheat in 2018-2019
Egypt harvests its own crop from April through July and has said it is looking to buy over 4 million tonnes from its farmers.
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Royal Dutch Shell to resume deep-water exploration off Egypt
The field is owned by Egypt’s General Petroleum Corporation (EGPC), Malaysia’s Petronas and Shell.
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Russian nuclear energy deals with Egypt reach almost $60bn
According to Rosatom head Alexey Likhachev, the company launched a commercial package of all Egyptian contracts in mid-December.
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Egyptian economy to experience near-term growth: UN official
The implementation of the recent economic reforms in Egypt will subsequently promote development, reduce poverty and unemployment rates.
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Trade exchange between Egypt, China up by 91.1% in Feb
Chinese exports to Egypt increased by 76.9 percent to 828 million dollars, the customs administration said.
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Telecom Egypt says focus is on growth, not Vodafone stake
Telecom Egypt Co. has no immediate plans to sell its stake in Vodafone Egypt and will focus on growing its share of the mobile market.
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Egypt's unemployment rate falls to 11.8% in 2017
Unemployment recorded 14.5 percent in rural areas, versus 9.8 percent in rural areas in 2017.
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Russian tourists return to Egypt
After almost 3 years of a flight ban, Russian airlines to resume flying to Cairo as a first step before resuming flights to Red Sea resort cities.
