Latest news
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Federation of Egyptian Industries submits proposal amending automotive sector taxation
The proposal includes reassessing the sales tax on local and imported cars to boost domestic products
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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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Suez Steel obtains final approval, records $100m in 2015 investments: Gamal Garhi
Government puts unfair pressure on investors, but Garhi optimistic about future in light of recent reforms
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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: A leading consumer of Social Media in MENA
The "Digital Media Landscape Report 2014" analyzes online trends, popular brands and factors influencing entertainment choices.
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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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Arafa Holding plans European market entrance in 2015
Egypt’s monetary policy encourages importers and deters producers, Egyptian pound losing real value
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Egypt plans oil production development to boost economy
Egypt giving more attention to Oil production especially with the crisis in gulf countries
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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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Egypt signs gas exploration deal with France's Total
Egypt's state-owned gas company, EGAS, signed the deal with Total for $20m
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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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Travco tops tourism companies, attracting 700,000 arrivals in 2014: Company official
Travco hopes to maintain its lead in attracting tourists to Egypt for fifth consecutive year despite 4 years of crisis in the country
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TE goes to court to annul ruling in favour of Vodafone Egypt
TE lost an arbitration case against Vodafone worth EGP 11 billion a few days ago concerning interdependence prices.