Trade News
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Egypt awards €100m contract for rail system
Alstom will supply signaling equipment for the Beni Suef-Asyut line in Egypt
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Egypt interested in free trade zone with eurasian economic union
Egypt negotiating to join eurasian economic union.
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Egypt forgives Iraqi debt in exchange for oil
Iraqi prime minister's visit included signing several agreements
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Economy of Egypt seen growing 3.5% in 2014-15
Economists polled by Reuters raised their forecasts based on growth data and improving business confidence
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Suez Canal revenues record $445.5m in December
The Suez Canal is a key source of foreign currency for Egypt
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Egypt, Abu Dhabi sign agreement developing maritime transportation
Red Sea Port Authority and Abu Dhabi’s counterpart to form joint companies encouraging marine investments
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MTZ tractor exports to Egypt up 2.3 times in 2014
Egypt is the biggest market for MTZ on the African continent
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Egypt’s Sisi outlines national energy policy at World Future Energy Summit
Egypt developing a national energy policy aimed at eliminating the gap between supply and demand
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Sisi to present Egypt’s economic reform program at Davos Forum
Egyptian President Abdel Fattah al-Sisi is heading a delegation of the Egyptian Economic Group Ministers at the Davos World Economic Forum in Switzerland
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Procter & Gamble optimistic over Egypt's economic recovery
The company is optimistic about returning to pre-revolution economic growth in 3 years
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EGP 5bn tax proceeds to E-Finance over 5 years: Company chairman
E-Finance working to increase online proceeds from taxes in near future, to increase economic growth rates
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Favourable economic winds help Egypt as Pound depreciates to court investors
Analysts see the move as an effort to boost foreign reserves, investment and Egypt's competitiveness in exports markets
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Top Italian firms plan Egypt tour
The Italian delegation will discuss further cooperation with Egypt in a number of joint projects, especially in the agricultural field
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Iraq agrees to supply Egypt with 4 million barrels of oil per month
The move is part of Egypt's efforts to face the energy crisis
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Egypt's Ezz Steel agrees $236 million facility to restructure debt
The loan will be repaid in quarterly instalments over seven years starting in 2015.
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Egypt to issue $1.5 billion Eurobond in April: Finance Ministry
Egypt hopes to return regularly to international capital markets as it tries to rebuild the country's battered finances
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Al Sissi vows to make Egypt a hub of economy
Sisi announces development plans in energy and investments in UAE summit
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Ahly sports club to establish joint stock football company
Largest sports club in Egypt, which is state owned, plans to establish a joint-stock football company to meet FIFA requirements
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UAE firm bids for Egypt's renewable plants
Access Infra is bidding to develop solar and wind power plants for Egypt
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Egypt's pound hits weakest official level since December 2012
The move comes days after the bank surprised with a cut to its benchmark interest rates of 50 basis points.