Trade News
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Partnership deal in Egypt for UAE law firm Al Tamimi
The UAE has delivered several billion dollars’ worth of aid to Egypt in the past 18 months.
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Ties with Egypt to strengthen in coming months: Indian diplomat
A high profile delegation from India will come to Egypt to take part in the economic conference.
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Emaar Properties Targets Q2 For $270m Egypt Unit Float
Emaar Misr has a portfolio of investments in Egypt worth around 53 billion pounds.
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Agreement signed converting 2,000 cars to run on natural gas
210,000 cars running on natural gas, 180 supply stations and 74 conversion centers created between 2012 and 2014.
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Trading houses dominate in Egypt's $2.2 bln LNG tender
Egypt has emerged as a major new market for LNG as the government looks to ease the worst energy crunch in decades.
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Egypt sends Economic Summit invitation to US
The summit is aiming to introduce Egypt to the whole world through a new economic perspective.
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Emarati investor buys almost 3.5% share in Egypt Beltone
AlFirdous Holding raised holding in Beltone to 3.48%
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Egyptian pound records new official low of 7.43/dollar
The lowest level the Central Bank of Egypt allowed the pound to reach
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Egypt Awards $2.2 Billion LNG Tender
Egypt gives $2.2 billion tender to import 75 cargoes of (LNG) to 4 international firms.
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U.A.E. Says Egypt Subsidy Cut ‘First Step’ in Broader Strategy
Egypt raising fuel prices is the “first step” in a broader strategy to reduce subsidies and budget deficit
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Egypt growth to be 'easily north of 4 percent' in 2014-15: finance minister
the budget deficit would fall to between 10 and 10.5%of GDP from 12.5 to 12.6% in 2013-14.
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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