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Egypt's SODIC says seeking to take over Madinet Nasr
After a brief halt in trading, SODIC shares were up around 5 percent and Madinet Nasr’s were around 10 percent higher.
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Egypt PM lauds IMF report on economic performance
The report was positive and focused on the good economic performance in Egypt despite the crisis witnessed in emerging markets.
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Lavrov says Russia keen to boost airline security with Egypt
Ahead of a visit by President Abdel Fattah al-Sisi to Moscow next week, Lavrov praised what he described as a “multifaceted partnership” with Egypt.
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MOC 2019 in Alexandria from 14 to 16 October 2019
The 10th edition of MOC 2019 – the official event of the Egyptian Petroleum Sector, will take place in Alexandria.
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Egypt, World Bank sign $300mn infrastructure upgrade deal
The deal falls under the framework of the government's efforts to improve infrastructure in rural areas in the most-needy governorates.
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Egypt looks to tap Asian debt markets under debt
Egypt raised 2 billion euro in bonds in April, its first issue in the single currency, and is planning to sell more euro-denominated debt next year.
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No threats attached to China investments
Egypt and China had signed deals worth $18 billion as part of the Belt and Road initiative.
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September regulations and economic outlook
NGage consulting looks at the top regulations and economic updates that took place in September in the attached download.
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Egypt has strategic sugar reserves to last until April
Sugar is available in local markets and there are no problems with supply, said ministry spokesman, Ahmed Kamal.
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Egypt's Hassan Allam to list shares on the Egyptian Exchange and GDRs on the London Stock Exchange
The Selling Shareholders include the Hassan Allam family which collectively owns an 86.2% stake in the Company.
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Egypt to revive cotton exports
Egypt's long staple cotton is considered the best globally due to the favorable environmental conditions for its cultivation.
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Egypt to get world’s largest clean-coal plant
The $4.4 billion project, 600 kilometres south east of Cairo, would be funded by Chinese and Egyptian banks.
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Egyptian auto market to keep growth rate at around 40%
He pointed out that the companies' offer of electric cars does not mean they will be able to release them in Egyptian streets soon.
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Egypt's mobile market losses 800,000 clients in June
Mobile internet was used by 34.4 percent of all mobile subscribers, up by 1.8 percent. The number of USB modem devices remained unchanged at 3.48m.
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Egypt ceases imports of liquefied gas
Petroleum Minister announces Egypt has achieved self-sufficiency in gas production.
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Egypt receives final $500mn tranche of African Development Bank loan
The country’s foreign reserves stood at $44.42 billion as of end-August.
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Egypt maintains customs exchange rate at EGP 16 to $1 for October
Egypt began setting a monthly customs exchange rate in January 2017, following the liberalization of its currency in November 2016.
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10 tips for being efficient with emails
Whether it was about writing emails or receiving ones, here are 10 tips to help you deal with any email!
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Egypt’s GASC receives offers at vegetable oil tender
Egypt’s state buyer GASC is seeking the vegetable oil for arrival Oct. 25-Nov. 10.
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Chinese companies dominate smartphone market sales in Egypt
Chinese smartphone companies control over a third of the sales of the Egyptian market, according to StatCounter's index in August.
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Archaeologists discover 'massive' ancient building in Egypt
Antiquities Ministry archaeologists also uncovered an attached building that includes a large Roman bath and a chamber likely for religious rituals.
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Egypt seeks new debt investors with euroclear, asian foray
Egypt is in talks with Belgium-based Euroclear to settle its domestic debt transactions and will embark on a non-deal bond roadshow through Asia.
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Project: Import (International) of expandable couplings and high pulling capacity cables
Request (international offer) from companies & agents to import (a) expandable couplings, (b) high pulling capacity cables for the Bridge projects
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Project: Automatic fire alarm & cooling systems
Supply & erection of automatic fire alarm & cooling systems, also of manual fire fighting systems for the company's pressurized containers
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Project: Rehabilitation of Escalators
Conducting the rehabilitation of the escalators serving the metro lines
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Egypt’s economy one of the strongest in the Middle East
IMF Director Christine Lagarde announced that Egypt’s economy has become one of the highest growing economies in the Middle East.
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Egypt cancels auction of 5- and 10-year treasury bonds
Three previous T-bond auctions had been cancelled after bankers and investors demanded high yields on the debt.
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Trade exchange between Egypt, Pakistan reaches $231M in 2017
This came during the minister's participation at the Egyptian-Pakistani summit celebrating 70 years of diplomatic Relations.
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Egypt becoming much more business friendly
Egypt’s economic situation has continued to improve during 2018, our overall views remain positive.
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Egypt's Raya expands call center business
Raya, which gets 75 percent of its revenue from serving clients outside Egypt, expects to begin operating in Saudi Arabia in 2019.
