Spare-Parts News
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Egypt, Russia trade exchange reached $5.5 billion in 2014: minister
Bilateral relations between Russia and Egypt have deepened politically, military and economically during El-Sisi's rule.
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Egypt: Sisi Review Efforts to Provide Foreign Exchange, Banking Sector Activities
The recent economic decisions and actions have the greatest impact in raising the credit rating of Egypt from "stable" to "positive".
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Egypt's Qalaa says seeing strong foreign interest in asset sales
Over the past six months foreign and local companies have announced their intention to invest tens of billions of dollars in Egypt.
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Abu Dhabi's Gulf Capital says eyes four deals in Egypt
This would be up from $3.5 billion currently.
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NBAD to hold ‘Egypt on the Rise’ conference
The conference aims to discuss steps needed to encourage foreign direct investments in the country.
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Egypt to host 2016 World Economic Forum on MENA
In March, Sharm El-Sheikh hosted top business leaders and delegations at the country's economic development conference.
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Egypt to issue tender for $3 bn worth of LNG in June: Reuters
EGAS also signed deals with Russian Gazprom, Algerian Sonatrac and BP.
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Egypt's trade deficit grows 4.3% in Febraury
The increase in imports and decline in exports is behind the deficit.
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Egypt's Suez Canal revenues rise to $422 million in April
The Suez Canal is one of the main sources of foreign currency for Egypt.
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Egypt Stocks Eye Bear Market as Dollar Squeeze Curbs Trading
Egypt’s dollar drought is driving last year’s best-performing Middle Eastern stocks toward a bear market as trading slumps.
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Egypt targets 5% growth in FY2015/16: Minister
The state budget will only feature LE55 billion in government investments while the rest will be financed from various sources.
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Israel says Egypt buying advanced Russian air defense system
Egypt depends on extensive U.S. military aid, which can potentially be influenced by Israel's own lobbying clout in Washington.
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European Union and Ministry of Finance launch Twinning Project
The project aims to enhance the accounting and auditing profession in Egypt
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Egypt, Italy sign airlines development deal
Italy is Egypt's biggest European trading partner, with trade between the two countries reaching $6.1 billion in the fiscal year 2013/14.
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Egypt issues $1.302 bn in USD denominated t-bills at avg yield of 2.643 pct
The minimum yield was 2.6 percent and the maximum yield was 2.65 percent.
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UAE provides EGP11bn to finance 50,000 residential properties
Project to be finalised by July, according to head of Executive Body for Social Housing
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Monti (ICE), new mission with Calenda in July
Italy is optimistic after Sharm Italy economic summit.
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Expo: food theme of Italian Cooperation in Egypt
The theme of Expo Milan 2015 - Feeding the Planet, Energy for Life, is an element coinciding with the objectives of many programs funded by the Italian Cooperation in Egypt.
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Oppo to invest EGP 100 million in Egypt’s smartphone market
The move is expected to provide jobs and benefit the IT sector in Egypt.
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Egypt economic policies starting to pay off, IMF says
Government of President Abdel Fattah El-Sisi didn't request an IMF loan, but reiterated that the Fund stood ready to provide assistance if asked.