News
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Fertiliser price hikes in Egypt
Mona El-Fiqi reports on the reasons behind the recent hikes in fertiliser prices.
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American investors to visit Egypt in October
The visit will be organised by the American Chamber of Commerce in Egypt in cooperation with the US-Egypt Business Council.
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Trade exchange between Egypt, UK hits $1.3B in H1 2018
The minister stated that the British investments in Egypt recorded $5.6 billion through 1450 projects in different fields.
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Public business sector min., Indian amb. review bilateral cooperation
The ministry said the talks tackled available opportunities of cooperation between India and public sector companies.
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Egypt takes issue with ING decision on lending for wheat cargoes
Egypt, the world’s biggest wheat importer, objected to ING Groep NV’s reported decision to suspend lending for wheat shipments sold to state buyer.
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Meeting the targets of the UN sustainable development goals
A recent paper highlights the areas Egypt needs to focus on to keep on track with the UN Sustainable Development Goals.
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Siemens announces completion of the Egypt Megaproject
Siemens and its consortium partners, Orascom Construction and Elsewedy Electric, announced the completion of the Egypt Megaproject on 24 July.
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Canada expands UAE, Egypt air transport pacts
Canadian government has expanded its air transport agreements with two of the Middle East and North Africa region's key aviation markets.
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US decides to release suspended military aid to Egypt
The State Department says the United States has decided to release $195 million in military aid to Egypt after withholding the assistance last year.
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Egypt's economy records highest growth in 10 years
Finance Minister Mohamed Maait also said in a statement the country’s budget deficit had fallen below 10 percent for the first time since 2011.
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Drought to force top wheat buyer Egypt to pay more
A drought that’s hit wheat crops across the Black Sea region and Europe will force top buyer Egypt to pay more for supplies.
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Egypt's mobile market loses 1.45 mln clients in April
Vodafone saw the biggest loss, with 968,500 clients leaving the company in April from 43.2 million in March to 42.2 million in April.
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Egypt's economy to grow 5.2 percent in FY 2018-19
Egypt's economy will grow 5.2 percent in the fiscal year that began in July, economists said in a Reuters poll.
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Egypt's Sisi to inaugurate 'largest wind farm in world' today
Siemens signed an 8 billion-euro ($9.4 billion) deal in June 2017 to supply gas and wind power plants to Egypt.
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Egypt mulls majority stake offerings in more public firms
So far, however, a majority offering is available only in Heliopolis, with 40 percent of the property developer to remain under state control.
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Egypt to receive $2bn from International Finance Corporation
The IFC finance will focus on the renewable energy field through 2019.
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Dubai eyes stronger business, investment ties with Egypt
Following meetings with a high-level Egyptian delegation Dubai has moved to further strengthen the emirate’s business and investment ties with Egypt.
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Egypt, Russia trade exchange hit $ 2.7 between January-May 2018
Egypt's exports to Russia made an increase of 26.5 percent during the same period, recording 356 million dollars.
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Egypt hikes natural gas prices by up to 75 percent
Egypt has raised natural gas prices for households and businesses by between 33.3 and 75 percent.
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Egypt targets social media with new law
The Supreme Council for the Administration of the Media will supervise the law and take action against violations.