News
-
Egypt has filed legal complaint against zero ergot wheat decision
The government will retain an ergot tolerance of 0.05 percent in shipments, a common international standard.
-
Grey economy in Egypt is worth EGP 1.8 trillion
The handicrafts industry is considered one of the main contributors to the informal sector in Egypt.
-
More hotel rooms for Hilton in Egypt
Hilton Worldwide aimed to increase the number of hotel rooms it manages in Egypt by 40 percent by the end of 2022.
-
Egypt, Romania to exchange expertise on SMEs
Egypt and Romania will form a working group for bilateral cooperation in the micro, SMEs field.
-
Egypt says gas discoveries can be EU's new energy source
Europe can take advantage of the proximity of both Egypt and Cyprus to the continent in that energy search.
-
Egypt´s El Sewedy Electric looking to expand in Pakistan
Ahmed El Sewedy said the warehouses would be in Zambia, Djibouti, Kenya and elsewhere.
-
Egypt Entrepreneurship Summit launched
The summit is under the auspices of the Ministry of Investment and International Cooperation.
-
Women’s economic empowerment shapes global economy
A study about implementing women’s economic empowerment for shaping the global economy was conducted by Citibank and European Commission.
-
Egypt displays previously unseen King Tut artifacts
He said the pieces had been kept in storage at the Egyptian Museum in Cairo for some 95 years, without being restored or scientifically examined.
-
Egypt’s GASC receives offers for soyoil, sunflower oil in tender
The lowest offer in Egyptian state-buyer GASC’s international tender for vegetable oils was $843 per tonne C&F for 30,000 tonnes of soyoil.
-
Egypt signs financing agreement worth $3.1 bln with international lenders
The central bank said that Egypt received a total of $4.3 billion in bids for the repurchase transaction.
-
EBRD, EIB directs $30M to green economy in Egypt through ALEXBANK
This is the 3rd deal under the GEFF, which is supported by a €23.3 million grant offered by the European Union Neighborhood Investment Facility.
-
Average yields on Egypt's 3- and 7-year T-bonds rise
The average yield on the three-year bonds rose to 15.874 percent on Monday from 15.578 percent at the last auction, on Oct. 30.
-
Overseas Egypt T-bill holdings drop for first time since float
Overseas investors held 330.9 billion pounds ($18.8 billion) worth of T-bills as of Nov. 7 versus 333.6 billion pounds a week earlier.
-
Egypt's new healthcare system to cost 29 bn euros
The system will be introduced "gradually" over 10 years and its "umbrella" will cover "all social classes".
-
ILO delegation visits Egypt to check local labor market
Egypt has signed a cooperation protocol with the ILO in September for youth employment targeting to create 1m job opportunities over 3 years.
-
Egypt Says No Gas deals with Israel until arbitration cases resolved
Any future agreement on importing Israeli energy must also add 'value,' energy minister says in Reuters interview.
-
Installment sales to overcome price hikes
The increase of production costs coupled with increasing sales costs of clothes result in a stagnation of internal trade, particularly during winter.
-
Yield-hungry investors follow their appetites to Egypt
Large bond-fund managers such as T. Rowe Price Group Inc. and J.P. Morgan Chase & Co. and others have poured money into Egyptian government debt.
-
Egypt not cutting fuel subsidies before July 2018
Egypt is expected to stop imports of LNG by the end of 2018, as production on the country’s giant Zohr gas field is set to start before end 2017.