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Egypt vying to lure foreign capital weakens pound to record
The pound fell to 8.0301 per dollar in the official interbank market after declining by similar amount at a central bank currency sale to local lend.
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Egypt's Suez Canal revenues 'driven down by slowing global economy'
Despite the opening of the Suez Canal expansion, revenues from the watercourse dropped in August relative to the previous year.
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Egypt tycoon’s party makes case for free market economy
Najeeb Sawiris’ party seeks to scrap subsidies that have ‘slowed economic growth’.
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Egypt able to provide necessary foreign exchange to import basic goods
Government is committed to adjusting market to mechanisms of free market and provide dollars of strategic goods withheld at customs, says Ismail.
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$2.4bn trade exchange between Egypt and COMESA
Africa attracted $55bn of the world’s total $1.26tn of foreign direct investments in 2014, according to N GAGE report.
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How is Egypt competitive with UAE, Jordan?
ECES offers two scenarios in case Egypt improves in some competitiveness factors to match the best performing Arab countries.
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France, Egypt sign contract for delivery of two Mistral ships
The sale of the ships, which had been been built for Russia but were never delivered because of the Ukraine crisis, was initially announced Sept. 23.
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Improvements in Europe's economy provide tailwinds for growth in Egypt
Coordinated and scaled-up support from the international community is critical in stabilizing conditions in the region.
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Egypt’s economy to require major external financing in next few years
IMF's ME and Central Asia Department Director Masood Ahmed claims that Egypt’s economy will require considerable external funding in the next years.
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Food industries represent 20% of air exports
Agricultural crops see highest demand especially vegetables and fruits, making up the largest share of the total air cargo products.
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Egypt-Africa trade relations
N-Gage consulting issued a report that highlights Egypt's trade relations with Africa in the light of the Tripartite Free Trade Agreement.
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Tunisia, Egypt eye trade exchange up to US$500mn
Egypt and Tunisia are planning to increase volume of trade exchange to US$500 million in the coming period, Egyptian ambassador to Tunisia said.
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Egypt, Jordan probe economic cooperation
Abdel Nour also stressed the need to boost tourism cooperation between the two countries.
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India hopes Egypt will offer favourable business environment
India recognizes Egypt is not only a large market but it can also become the hub for manufacturing in the region because of the trade agreements.
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India, Egypt agree to step up bilateral cooperation
Trade between India and Egypt during the last financial year (April 2014 -- March 2015) has been recorded at USD 4.76 billion.
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Egypt looking for Indian investment, regional security cooperation
There are already over 50 Indian investors in Egypt and there was around $3 billion of private Indian investment in the north African country.
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Egypt's business activity falls in July as production drops
Output fell in July for the first time in three months, though the contraction was "only slight", and was due to subdued demand.