Trade News
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France's Hollande says Egypt to buy Rafale fighters, frigate
The contract would be the first overseas for the Rafale.
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SFD obtains $90m for short-term employment investments
SFD signed EGP 1.18bn worth agreements with governorates to benefit from Emergency Labour Intensive project.
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Lebanon key investor in Egypt economy
Economy Minister Alain Hakim said total Lebanese investments in Egypt come to around $3.7 billion.
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Egypt to return $1bln to Qatar in October: MENA
As of the end of January, Egypt’s net international reserves stood at $15.4 billion.
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Egypt to issue $1 billion, 1-year, dollar T-bill: Central Bank
Egypt has turned to covering budget deficit from the local market.
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Egypt has no concrete plans for IMF package now: Finance minister
Egypt's finance Minister responds to IMF report
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Egypt's CIB reports 36% rise in fourth quarter net profit
The balance sheet witnessed the highest growth rate in 8 years.
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IMF: Egypt reforms starting to turn economy around
Egypt's new regime is focused on economic reform.
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Local investment in Egypt rises 1.3 pct y/y in Q1 -state media
Egypt's is devoted to rebrand itself during the economic conference in March.
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Egypt: Monthly inflation rose by 1.2% in January – Official
Egypt has been undergoing economic changes like the devaluation of its currency.
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Egypt, EEU agree to create free trade zone
The visit of Russian President Vladimir Putin to Egypt was his first foreign trip in 2015.
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Egypt sells $720mn in treasury bills – ministry
Treasury bills and bonds are currently the main funding mechanism for debts and new projects.
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Sisi, Putin agree to build nuclear power plant in Egypt
President Putin's visit to Egypt witnessed several agreements of cooperation among the two countries.
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Egypt 20th country with most Swiss HSBC bank accounts: leaked report
Egyptian private dollar accounts held up to $3.5 billion between 1988 and 2007, according to leaks.
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Egyptian rice exporters say tariff is too high
Exporters have to pay a tariff of $280 on every ton exported.
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Egypt exchange a model for inter-market communication – UN
Un sustainability committee chooses EGX as a reference model for communication.
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Egypt waives customs on some medications for chronic diseases
With millions of Egyptians suffering from chronic diseases, a presidential decree could mean that vital medicines are more affordable.
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Egypt plans to curb budget deficit to 8 percent
Salman: We are targeting 7 percent growth rate in the coming four years.
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Egypt's energy reforms spark rush of oil and gas deals
The last few months have witnessed unprecedented activity to solve the energy crisis in Egypt.
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Egyptian banks need more foreign currency to compete with black market: Sources
With tourism suffering and foreign investment lacking, traders relying on black market.