Spare-Parts News
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Egypt sends Economic Summit invitation to US
The summit is aiming to introduce Egypt to the whole world through a new economic perspective.
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Emarati investor buys almost 3.5% share in Egypt Beltone
AlFirdous Holding raised holding in Beltone to 3.48%
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Egyptian pound records new official low of 7.43/dollar
The lowest level the Central Bank of Egypt allowed the pound to reach
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Egypt Awards $2.2 Billion LNG Tender
Egypt gives $2.2 billion tender to import 75 cargoes of (LNG) to 4 international firms.
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U.A.E. Says Egypt Subsidy Cut ‘First Step’ in Broader Strategy
Egypt raising fuel prices is the “first step” in a broader strategy to reduce subsidies and budget deficit
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Egypt growth to be 'easily north of 4 percent' in 2014-15: finance minister
the budget deficit would fall to between 10 and 10.5%of GDP from 12.5 to 12.6% in 2013-14.
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Egypt awards €100m contract for rail system
Alstom will supply signaling equipment for the Beni Suef-Asyut line in Egypt
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Egypt interested in free trade zone with eurasian economic union
Egypt negotiating to join eurasian economic union.
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Egypt forgives Iraqi debt in exchange for oil
Iraqi prime minister's visit included signing several agreements
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Economy of Egypt seen growing 3.5% in 2014-15
Economists polled by Reuters raised their forecasts based on growth data and improving business confidence
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Suez Canal revenues record $445.5m in December
The Suez Canal is a key source of foreign currency for Egypt
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Egypt, Abu Dhabi sign agreement developing maritime transportation
Red Sea Port Authority and Abu Dhabi’s counterpart to form joint companies encouraging marine investments
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MTZ tractor exports to Egypt up 2.3 times in 2014
Egypt is the biggest market for MTZ on the African continent
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Egypt’s Sisi outlines national energy policy at World Future Energy Summit
Egypt developing a national energy policy aimed at eliminating the gap between supply and demand
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Sisi to present Egypt’s economic reform program at Davos Forum
Egyptian President Abdel Fattah al-Sisi is heading a delegation of the Egyptian Economic Group Ministers at the Davos World Economic Forum in Switzerland
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EGP 5bn tax proceeds to E-Finance over 5 years: Company chairman
E-Finance working to increase online proceeds from taxes in near future, to increase economic growth rates
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Favourable economic winds help Egypt as Pound depreciates to court investors
Analysts see the move as an effort to boost foreign reserves, investment and Egypt's competitiveness in exports markets
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Top Italian firms plan Egypt tour
The Italian delegation will discuss further cooperation with Egypt in a number of joint projects, especially in the agricultural field
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Iraq agrees to supply Egypt with 4 million barrels of oil per month
The move is part of Egypt's efforts to face the energy crisis
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Egypt's Ezz Steel agrees $236 million facility to restructure debt
The loan will be repaid in quarterly instalments over seven years starting in 2015.