News
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Market share Toyota Egypt more than doubles over past 5 years
Ahmed Monsif, CEO of Toyota Egypt, explains the future plans of the company, and the main obstacles facing the local automotive market.
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Egypt making progress in use of nanotechnology in agricultural research
The Ministry of Agriculture provides the necessary support and finance to research centers in various fields of agriculture and animal health.
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KPC to establish representative office in Egypt to market products
Egypt imports 1.5m-2m barrels of crude oil every month from Kuwait, which are then refined and their petroleum products pumped to provide local needs.
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Tunisia, Egypt eye trade exchange up to US$500mn
Egypt and Tunisia are planning to increase volume of trade exchange to US$500 million in the coming period, Egyptian ambassador to Tunisia said.
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Boycott might not cure Egypt's cow price madness
Soaring red meat prices have led to campaigns across the country calling for a boycott of butchers who say unaddressed issues not greed is the reason.
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Egypt's EGAS invites 10 LNG firms for workshop linked to tender
Among the 10 companies invited to attend the workshop are Noble Group, PetroChina, Shell, Gunvor, Vitol, Trafigura, Gas Natural, BP and Engie.
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Egypt, Indonesia trade exchange up 15% in first five month of 2015
Egypt and Indonesia's trade exchange from January to May has increased 15 percent compared to the same period of the previous year.
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Egypt a prime market for UAE businesses
The country still faces challenges as it attempts to transform its economy.
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Egypt’s market wins of $1.6bn in week
The main EGX30 index, small and mid-cap EGX70 index and the broader EGX100 index rose 3.07 percent, 2.01 percent and 2.59 percent, respectively.
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REC Solar targeting business growth in Egypt
Egypt has suffered from power outages and electricity demand outstrips supply and is targeting around 2.5GW of renewable energy in the next five years
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Orange launches global lab in Egypt with Nokia Networks to support affiliates worldwide
Mobinil, part of Orange Group, has hosted Orange Global Operational Skill Center for the deployment of Nokia’s radio technologies.
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Egypt’s business activity soars in August
Companies attributed another sharp rise in purchase prices in August to the ongoing weakness of the Egyptian pound versus the dollar.
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Gas exports from Iran, Egypt seen threatening U.S. ambitions
Projects from North America to East Africa and Australia may be impacted as Iran progresses with its “supergiant” South Pars gas field.
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Egypt's main index up 2 pct
Egypt's PMI rose to 51.2 in August, up from 49.2 the previous month, a survey revealed on Thursday.
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Egypt's El-Sewedy Electric posts Q2 net profit of $68.63 mln
The company reported revenue of 7.1 billion pounds, against 4.2 billion pounds in the same period last year.
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Egypt Bureaucrats Oppose Pay Cuts
El-Sisi said Egypt only needs a quarter of its state employees, yet the law doesn’t address the size of the bureaucracy.
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Number of tourists visiting Egypt up by 2.9% in July
The tourism sector made a gradual recovery this year after four years of political instability and two changes of regime.
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Egypt reconsiders peaceful nuclear programme
Following finalizing the phases and negotiations on the coming nuclear program, NPPA will work on recruiting experts and advisers for the program.
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Drilling in Egypt's Zohr gas field to commence in January
Eni vice-president Lapo Pistelli suggests further finds are possible.
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Egypt's stock market climbs on ENI's 'supergiant' gas discovery
The Italian company has operated in Egypt since 1954, supplying a little over a quarter of Egypt's annual oil and gas production.