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Egypt’s GASC says buys 60,000 tonnes of Russian wheat
Traders said GASC paid $215.54 per tonne, including cost and freight (C&F), for the wheat, comprising $201.35 on a free-on-board (FOB) basis.
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EBRD looks to boost equity investments in Egypt
The bank intends to participate in an expected share offering for state-run Alexandria Container and Cargo Handling Company.
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Gov't encourages unregistered companies to merge into official economy
The government is seeking through these efforts to achieve the goals of sustainable development and the Africa Agenda 2063.
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Al Ghurair Group to expand its agricultural reclamation projects in Egypt
Al Ghurair said the company is planning to invest in the silos project in Damietta Harbor along with the development of the river Nile transport.
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Developer Mariout Hills to establish first sustainable hotel in Egypt
The first phase of the project that costs EGP300 million will be completed by July 2020, while the second phase will cost EGP1 billion, ready in 2023.
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Telecom Egypt and Ericsson showcase 5G immersive sports in Egypt
Telecom Egypt and Ericsson are giving sports enthusiasts a front-row seat for a sporting experience at Alexandria stadium.
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Egypt’s economic reforms are improving business, investment climate
The economic reform programme makes investments and exports the essential engines for economic growth instead of consumption.
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Egypt economy is doing well with int'l recognition
The progress achieved by Egypt's economy is attributed to the ambitious economic reforms carried out by the government.
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Project: Electric Motors
Sharkiya: Supply of (a) 15 air blowers, also (b) electric motors with gearboxes
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Project: Automatic fire fighting systems
Alexandria & West Delta: Supply & erection of an automatic fire fighting system at the subordinated transfomers station (30)
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Project: Public utilities
Beni Suif: Implementing public utilities, including water, waste water & roads
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Egypt-Jordan trade balance jumps to $408.6 mln in 4 months
Orange, cheese, TV sets, chicken stock and frozen french fries topped the list of Egypt's exports.
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Investec acquires Spinneys Egypt
The launch of a home delivery service and the ongoing investment into a loyalty programme are also key initiatives.
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PM to form board of trustees to simplify business environment
The board will be chaired by the prime minister and includes the ministers of investment and international cooperation, planning, finance and trade.
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Egypt inflation at slowest in three years
Consumer prices in urban parts of Egypt rose by an annual 9.4 percent in June, compared with 14.1 percent in May.
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Egypt's arrears to foreign oil firms fall to $900 million
The Egyptian government had told the International Monetary Fund in a letter in January it intended to “eliminate” arrears by the end of June.
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Egypt: The end of fuel subsidies
The government has announced that fuel prices will now be subject to a quarterly price-indexation system replacing the older subsidies system.
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Takaful and Karama: Your guide to Egypt's social welfare
10 Things you need to know about the subsidy programmes of the Ministry of Social Solidarity and the proposed amendments to them.
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Automotive market sales fall 8.5% in 5 months
the monthly bulletin of the Automotive Market Information Council (AMIC) said that passenger car sales dropped 10 percent to 41,154 cars.
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Egypt's Sisi directs ministers to proceed with developing ports
The ports are to help cope with the increase witnessed in the industrial and logistical services in Egypt.
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Egypt still subsidises 15% of fuel in local market
These subsidies are despite the recent fuel price hikes applied on Friday.
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From blog visitors to customers
These 3 simple strategies that payfort offers can help you convert your blog readers to consumers.
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Egyptian Ahmed Osman named President of International Council for Small Business
Osman is the first Egyptian to hold the position.
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Dana Gas receives $48m from Egypt in June
These collections comprise $38million in payments from the government and $10 million from the sale of the second El Wastani condensate shipment.
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Egypt's public business enterprise ministry to kick off forum on trade
The forum will also see the launch of the new application 'Gosour' (bridges) for Foreign Trade Services.
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6 Egyptian women among most influential in finance
6 Egyptian women were chosen to be on the list of 50 most influential women in the Middle East region in the financial sector. UAE dominated the list.
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Egypt's 2019-20 budget: Setting more hopeful targets
The new budget aims to increase the country’s GDP by six per cent, lower the deficit to 7.2 per cent of GDP.
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Steigenberger opens new Egypt hotel
132-key Steigenberger Pyramids Cairo is Deutsche Hospitality's 12th hotel in Egypt.
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Egypt-Germany trade volume hits 4.5 bln euros in 2018
Egypt's exports to Germany increased by 10.6 percent, reaching 361.3 million euros, from January to March 2019.
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Vodafone Egypt wins EGP 2.3 bln contract for healthcare platform
The platform will be piloted in Port Said before being introduced in four other governorates, then across Egypt.
