News
-
EU wheat hits contract lows after Egypt rejects French cargo
Front-month March on the Euronext milling wheat futures market was down 2.25 euros at a contract low of 161.50 euros a tonne by 1657 GMT.
-
Saudi Arabia, China financial support is credit positive for Egypt
Egypt has also received $1 billion loan from the World Bank as part of a $3 billion package over 3 years.
-
Egypt seeks free trade zone with Russia
Egypt is aiming to become a base for Russian investment in Africa and the Middle East.
-
Egypt increases tariffs on range of imports
The official gazette decree of January 26, listed hundreds of products ranging from food and clothes to toiletries and electric equipment.
-
Egypt Year in Review 2015
The year 2015 brought welcome stabilisation and recovery to Egypt, after a difficult post-revolution period marked by upheaval and sluggish growth.
-
Egypt takes delivery of three new fighter jets from France
Egypt and France signed the $5.9-billion deal in February last year; the first wave of three jets arrived in July 2015.
-
Egypt central bank keeps main interest rates unchanged
The government projects growth of around 5.5 percent this fiscal year, compared with an estimated 4.2 percent in 2014/15
-
Russian tourists could soon return to Egypt
Naryshkin thanked Cairo for understanding Moscow's concerns about the safety of Russian tourists.
-
Argentina Said to Get Approval for Egypt-Bound Wheat Cargoes
Egypt rejected a French wheat cargo shipped by trader Bunge Ltd. because of contamination with ergot, a fungus that can cause health problems.
-
Egypt score drops one point in Corruption Perceptions Index 2015
Despite the poor score, the most populous Arab nation slightly went up in the ranking of countries, placing 88th out of 168 countries in 2015.
-
Egypt Central Bank Eases Restrictions on Dollar Deposits
The bank raised the monthly limit to $250,000 from $50,000 for importers of food, machinery, spare parts, capital goods and medicine.
-
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.
-
NCR aims to boost Egypt business to EGP 1bn over next 3 years
Company accounts for about 90% of ATMs in Egypt, says Africa Managing Director.
-
Egypt signs deal with Werner International to restructure textile sector
Founded in New York in 1939, Werner international is a management consultancy firm for the world textile, apparel and fashion industries.
-
Egypt's EGAS says BP LNG cargo postponed, denies payment trouble
Egypt became a major market for LNG shippers after the launch of two floating import terminals last year.
-
Egypt, China sign deal to build a theme park
The park is scheduled to take between two years and a half or three years of implementation.
-
Fawry targets 50% growth rate in its business in Egypt during 2016
We aim to increase payment outlets to 60,000 by the end of 2016, says CEO.
-
China's Xi promises 'billions' in investment during Egypt visit
The money comes in the form of aid and chinese investments in Egypt.