News
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Egypt- Government approves amendment to Capital Market Law
The reforms aim at strengthening governance and transparency standards, according to the latest international systems.
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Asian shares mixed as attacks in Egypt add to uncertainties
Asian shares were wavering Monday after attacks by suicide bombers on churches in Egypt added to uncertainties in the Middle East.
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Morocco-Egypt trade exchange accounts for $700mln in 2016
Egypt’s exports to Morocco stood at $425 million approximately and is expected to grow exponentially this year.
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Egypt's rice reserves enough for six months
The average price stands at EGP 6.5-7.5 per kilogram, and the food staple will be available in amounts to meet consumer needs.
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Electricity linkage with Egypt supports joint Arab power market
14 Arab states signed an MOA to establish a joint Arab electricity market, on the sidelines of the Arab Ministerial Council for Electricity.
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India, Egypt should strengthen cooperation in pharmaceuticals
India formulation is backed by globally acceptable certification and updated by growing R&D facilities.
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Kuwait signs new energy supply deal with Egypt
The deal is worth over $4 billion based on current market prices.
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Dell EMC’s business size in Egypt $100m
Company plans to contribute technological solutions to the New Administrative Capital.
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Former Minister of Communications to chair Vodafone Egypt
Vodafone International achieved an increase in its number of subscribers in Egypt during the second quarter of fiscal year (FY) 2016/2017.
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Egyptian food retail market grows stronger despite challenges
The demand for food products will continue to grow in the biggest market in the region despite various economic challenges.
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Egypt, Jordan sign gas supply deals
The field was discovered in August 2015 by Italian oil company Eni, with an estimated 850 billion cubic metres of gas.
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Trump welcomes Sisi in landmark visit, praises ‘fantastic job’ in Egypt
The visit is the first from an Egyptian president in almost a decade as President Obama never extended an invitation.
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The remains of a 3,700-year-old pyramid have been discovered in Egypt
The pyramid is believed to have been ancient Egypt's first attempt to build a smooth-sided pyramid.
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Egypt's non-oil business activity drops for 18th consecutive month in March
The drop highlights ongoing weakness in Egypt's private sector Although the economy's rebalancing process is proceeding as one would expect.
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Russian wheat prices fall on weaker demand from Egypt, Turkey
Egypt, the world's largest buyer of wheat has rejected, on a preliminary basis 7 grain cargoes due to new import rules.
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Egypt's president leaves Cairo for Washington to meet Trump
This is Sisi's first U.S. state visit since being elected president in 2014 as former U.S. President Barack Obama had never extended an invitation.
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Misr Italia Properties launches Cairo Business Park hotel
Suez Canal and New Cairo attracting significant infrastructural investment, says Hilton vice president.
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Egypt Central Bank sees pound's real exchange rate αppreciating
Egypt has been realizing the benefits of the flotation including improvements in the country’s balance of payments and the buildup of foreign reserves
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Saudi King Salman invites Egypt's Sisi to visit
KSA agreed in April l2016 to provide Egypt with 700,000 tonnes of refined oil products a month for five years, but the cargoes stopped in October.
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Catalyst targets business volume of $16m in Middle East in 2017
Catalyst Business Solutions is a technology consulting company that provides Oracle solutions, cloud computing services, and Internet of Things.