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Egypt's Arab Contractors eyes $57.2mln business volume in Africa
The company plans to compete for executing various infrastructure projects.
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Egypt begins receiving offers for dollar bond sale
The deadline for offers is later on Tuesday, Maait told Reuters.
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Trade exchange bet. Egypt, Kazakhstan hikes 29% in 201
Trade exchange between Egypt and Kazakhstan rose 29 percent during 2018, reaching $80 million, compared to $62 million in 2017.
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Delta Sugar looks to raise output as Egypt pushes sugar beet
Delta, which says it is the Middle East’s largest beet sugar producer, produced around 270,000-300,000 tonnes last year.
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Egypt to exchange electricity for Sudanese food products
Minister of Electricity and Renewable Energy Mohamed Shaker said that electricity will be delivered to Sudanese plants by the end of March.
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Regional e-commerce site noon launches in Egypt
The site is currently in beta testing mode in Egypt – its third regional country after the UAE and Saudi.
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Vodafone to distribute profits of LE5.5B to Telecom Egypt
ET and Vodafone Egypt signed an agreement for messaging, infrastructure and distribution of profits in the presence of Minister of communication.
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Project: Forklifts
Supply of two forklifts with clamp
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Project: Supply of potable water containers
Supply periodically of potable water containers for two years to various outlets
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Project: Construction of a residential building
Construction of a residential building (basement until repeated floors)
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European banks offered to do business in Egypt
Amer told MENA in December that CBE plans to issue permits for foreign banks wishing to open branches in Egypt.
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Egypt is shaping up to become a real energy hub
The large scale concessions awarded during the EGYPS2019 conference in Cairo showed the appetite of IOCs, such as Shell, BP and ENI in Egypt.
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Uber agrees to pay VAT in Egypt
The agreement would also apply to other ride-hailing companies, the head of the Egyptian Tax Authority, Abdel Azeem Hussein, said. Egypt’s VAT is 14%.
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Cityscape Egypt focuses on energising real estate market, re-instating confidence
Event will take place across Egypt, Saudi Arabia, UAE between March 24-18.
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Saudi Aramco and Egypt’s SUMED sign oil deals
The two signed a deal to supply fuel oil storage capacity of 165,000 cubic metres in the Red Sea port of Ain Sokhna.
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Egypt's Sisi directs CBE to reduce interest rate on youth loans
Egypt's President Abdel-Fattah El-Sisi wants the interest rate on loans to young people to be reduced to 5 percent.
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Egypt's Sisi, Germany's Merkel discuss economy, security issues in Munich
Egyptian President Abdel-Fattah El-Sisi discussed with German Chancellor Angela Merkel on Saturday the means to boost investment with Germany.
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Reviving Egyptian public sector
The Public sector companies reportedly generated about EGP 11 billion in the last fiscal year and EGP 7.5 billion in losses.
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Radisson Signs Portfolio Deal for Six Hotels in Egypt
The agreement was signed with existing business partner Zaghloul Holdings, a Cairo-based business conglomerate operating in the real estate.
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Telecom Egypt has no plans to sell Vodafone stake in medium term
TE would only sell their stake in Vodafone Egypt if it reaches a 'critical mass' in the mobile operator market, the source added.
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BP to invest about $1.8 bln in Egypt this year
BP Chief Executive Bob Dudley expects a crude oil price of $50-65 a barrel over the next year.
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Egypt’s sugar beet output rises to 1.4mn T
The cultivated area of beet sugar increased to 600,000 feddans (622,706 acres) this season from 500,000 feddans last season, the chairman said.
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Egypt's PM inaugurates third International Petroleum Conference in Cairo
It is being held under the auspices of President Abdel-Fattah El-Sisi and will see the participation of a number of Arab and African oil ministers.
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Egypt's urban inflation rises to 12.7 pct in January
The central bank’s monetary policy committee will meet to decide on interest rates on Thursday.
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Egypt sets up fund to develop state-owned enterprises
Egypt plans to sell shares in dozens of state-owned enterprises over the next few years to help boost public finances.
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Egypt Takes Over African Union’s Presidency
President Abd-al-Fattah al-Sisi of Egypt took the presidency of the Union from President Paul Kagame of Rwanda.
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Egypt revises expected exchange rate
Egypt revised the expected exchange rate against the US Dollar from 17.25 to 18 Egyptian pounds.
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Egypt ETF is a stand out emerging market pick this year
Egyptian stocks better performance is supported by increased expectations that the Egyptian central bank will cut rates to support growth.
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Egypt carrying out oil refining megaprojects worth $9 bln
The new project, which cost $1.3 billion, is meant to meet the local market's needs for oil and high-octane gasoline, the minister added.
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Egypt climbs 38 ranks in Environmental Performance Index
Egypt ranks 32 in air quality which is quite impressive! while it got worse rankings in water sanitation.
