News
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Bobruisk-based tractor factory designing tractor model for Egypt
The tractor for Egypt will be a simplified model of the Belarus 320 tractor.
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Egypt draft 2015/2016 budget projects 9.9 pct deficit, 5 pct growth
The draft budget projects 49% of total public expenditure on social programs and a 12% increase on the current fiscal year.
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Noble Group to supply Egypt with LNG cargo June 18
Noble Group won a closed tender launched two weeks ago.
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UK invites Egypt's Sisi, state media say, day after Mursi ruling
Cairo is seeking foreign investment to rebuild its economy after years of political turmoil.
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Egyptian dairy maker Domty plans to list on Cairo bourse
El Damaty's family owns 70 percent of the company which was founded in 1989, and a Saudi investor owns the rest.
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Egypt to increase cash subsidy programs in new budget: Minister
The new budget for FY 2015/2016 has not yet been announced.
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French companies interested in Egypt, undeterred by attacks: Business delegation
The head of the French delegation expressed faith in President Abdel-Fattah El-Sisi for having a his 'leadership and clear direction'.
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15% increase in customer service agents this year: Vodafone Egypt
Line sales increased by 23% due to services for deaf customers.
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Valeant Said in Advanced Talks to Buy Egypt Drugmaker Amoun
The investors bought Amoun for about $450 million in 2006.
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Lebanon's Bank Audi aims to double Egypt earnings by 2017
Audi plans to add 20 branches in Egypt over the coming three years, building on its existing 34, which employ 1,137 staff.
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Egypt: Italy provides environmental-social textile training
Filmar-Alexbank initiative Cottonforlife underway.
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Egypt's Palm Hills agrees $98 million loan through subsidiary
The company arranged the loan with Banque Misr, the National Bank of Egypt , and the Arab African International bank.
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Egypt, France 2014 trade exchange valued at $2.6m
Volume of France’s investments in Egypt stands at approximately €7bn.
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Egypt: Sovereign fund ready soon
“Amlak” fund will be the state’s investment arm and is intended to encourage diversity and development, headed by Prime Minister.
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Tripartite meeting to be held in Cairo to discuss findings on Ethiopia's Renaissance Dam impact
The consultancy firms started their studies on the impact of the dam in April 2015.
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El Sewedy Electric to develop solar power plant in Upper Egypt
The plant will be built in Aswan, around 800 km (500 miles) south of Cairo.
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Nissan to negotiate with overseas suppliers to establish factory in Egypt: Cabinet
We plan to produce 26,000 cars in 2015, compared to 21,000 last year, says Nissan Deputy Chairman.
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Falcon secures 22 banks, acquires 54% of Egypt’s private guard service market: Executive Director
Falcon Group held a press conference last week, where it presented its work in securing the universities during the last academic year.
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Egypt wheat stock enough until early ’16
The wheat was bought through an international tender and will be used for producing subsidized bread.
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Egypt responsible for Cairo Capital project should negotiations with partners fail: Assistant Housing Minister
Negotiations with Emirati investors facing huge challenges, but ministry insists on establishing the project even if negotiations fail, says Abbas.