Trade News
-
Egypt Rejection of French Wheat Cargo Raises Supply Concerns
A French vessel was stopped because it didn’t meet the Agriculture Ministry’s zero-tolerance requirement for ergot, a fungus that can grow on wheat.
-
Egypt wants Russian industrial zone in Suez
The Russian delegation to the signing will consist of representatives from sixty companies.
-
Egypt: a huge market for the right products
Moody’s affiliate for Egypt and other countries in the region, discusses Egyptians’ high purchasing power their country’s achievements in recent year.
-
FEDCOC plans to save Egypt's exports
The strategy to save collapsing exports includes improving quality of products, transport and logistics development and reviewing agreements.
-
Egypt eyes $15 billion finance package from China
Part of the package is expected to be invested in the infrastructure of Egypt's planned new administrative capital.
-
Egypt’s net invested capital rises to 11.4% in FY2014/2015
Regarding the financial investments value, the report stated that it rose to 534.2 billion EGP in FY2014/2015 recording an increase of 15.5 percent.
-
Egypt eyes improvement on €4.4b trade with Germany
Some 935 German or partially German companies have invested about 2.5 billion in Egypt recently.
-
Egypt to impose import rules to shore up reserves
Authorities have the right to exempt factories from some or all the registration requirements.
-
Payment snag delays French wheat cargoes for Egypt
The shipments are part of tender purchases made by Egypt's state grain buyer GASC.
-
OLX Egypt proved to be the biggest market place for cars sale in Egypt
OLX Egypt Auto section recorded over 88 million visits between January and November 2015.
-
Saudi-Egyptian business council talks kick off in Riyadh Monday
Since the 2013 ouster of Muslim Brotherhood president Mohamed Morsi, Saudi Arabia has been one of Egypt's main financial backers.
-
Egypt's economy in numbers 2015, an Infographic
A weakened stock exchange,battered tourism sector, falling Suez Canal revenues, inflation, declining EGP and other challenges marked 2015 economy.
-
Sawiris dominates Egypt’s financial sector in 2015
By December, Orascom presented an acquisition offer to CIB's CI Capital.
-
Trade exchange between Sudan and Egypt rises to $1 billion
Economic cooperation set to increase in near future.
-
Cabinet to consult with presidency to hold global economic conference next May
The issuance of dollar bonds is postponed indefinitely and other alternatives are under discussion, such as subtracting from revenues of Beit al-Watan
-
Egypt’s Sisi stresses “economic integration” ahead of GERD meeting
Egypt’s President Abdel Fatah al-Sisi met with Irrigation and Foreign Ministers ahead of the six-party meeting in Khartoum 27-28 Dec.
-
Lulu Group Marks Market Entry
The Lulu Group plans to invest $300m over the next two years to open 10 stores in the country.
-
Egypt economy year in review: far from smooth sailing despite new canal
The search for dollars was the theme that dominated the entire year.
-
Egypt economy year in review: far from smooth sailing despite new canal
The search for dollars was the theme that dominated the entire year.
-
Egypt’s economy took turn for the worse in recent months
Slow implementation of new projects and structural reforms will restrict Egypt’s economic growth, says Focus Economic report.