Trade News
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Al-Sisi reviews Ethiopia dam agreement with top government officials
A deal between Egypt, Sudan, and Ethiopia is to be sealed on 23 March.
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Arab Contractors to deliver US$150 million Iraqi Power Plant at 2015-end
The Iraqi electric plant is one of the biggest projects being implemented by Arab Contractors in the country.
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Israel's Tamar group to sell gas to Egypt via pipeline
Egypt has been slow in developing its own sizable gas resources and is seeking numerous import options.
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Egypt seals deal with Gazprom to import 35 cargoes of LNG
Russian firm Gazprom will start deliveries of liquefied natural gas in the second half of 2015.
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Poland-Egypt Trade Exchange targets US$1 billion at 2016-end
The remarks were made during the opening of the Egyptian-Polish business forum.
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Egypt listed for EBRD trade investment drive
Increasing trade will contribute to the overall economic growth in North Africa and the Arab countries.
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Egypt: No Black Market in Currencies in Egypt - Central Bank Governor
The central bank has offered a "more flexible" exchange rate and policy and has enforced a set of technical rules which have completely eliminated the unofficial currency market.
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Over $70 bln pledged at economic conference - Prime Minister
The contributions were divided between investments, aid, and loans.
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Egypt, UAE and France Sign Trilateral MOU at Egypt Economic Development Conference
The memorandum of understanding focused on stimulating private investments.
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Egypt: Prime Minister Lays Out Egypt's Plan for Economic Reform
Larger space for private sector, developing human resources and creating a healthy atmosphere for investments are among the reforms.
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Egypt’s Sisi Closes Economic Conference With Call for Further Investment
Egypt needs up to $300 billion to reach potential, president says at end of economic conference in Sharm el-Sheikh.
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Live updates: Energy deals dominate second day of the Egyptian Economic Development Conference
Suez development project to cover 500 square kilometres and include three economic zones.
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Egypt's Richest Family To Invest $3 Billion In Energy
The investments will be mainly in the energy sector.
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GE delivers turbines to Egypt
General Electric is investing $200 million in a manufacturing and training facility in Egypt's Suez City and had delivered a shipment of gas turbines to supply its grid.
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UAE offers $4b to help boost Egypt’s economy
UAE, Saudi Arabia, Kuwait pledge $4b each at Egypt conference; 30 heads of state, key foreign investors attend session to boost Egyptian economy.
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Egypt eyes deals worth $20b
Cairo hopes summit will allow it to double foreign investment to $8b this year.
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Sisi to inaugurate Egypt Economic Development Conference Friday
Prime Minister Ibrahim Mahlab will hold a press conference Friday afternoon to demonstrate the timeline and activities of the conference.
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Richard Attias & Associates: The organizers of EEDC
More than 2500 global leaders, including heads of state, public figures, chairmen and CEOs of multinational corporations and over 1000 media participated in the conference.
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Samsung participates in the Egypt Economic Development Conference
Samsung provides the conference with HD screens manufactured in Egypt.