Trade News
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Doing Business 2015: Going Beyond Efficiency
Egypt ranks 112 out of 189 countries on ease of doing business.
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Egypt targets 4.5-5 pct growth in 2015/16: Finance ministry
The finance ministry said it would boost spending on infrastructure as well as education and health.
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European Investment Bank signs a €120m loan with NBE
EIB also signed a declaration with the government to support economic and social development projects.
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Egypt, Jordan sign gas sector MoU: Petroleum ministry
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply.
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Egypt's Sawiris to diversify Orascom, invest $500 million in Egypt
Sawiris said Orascom Telecom would diversify into new sectors including infrastructure, logistics and energy projects alongside its core business.
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Egypt, GE sign deal to boost healthcare
This program builds on the $100 million investment commitment announced by GE develop healthcare education and training in emerging markets.
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Al-Sisi reviews Ethiopia dam agreement with top government officials
A deal between Egypt, Sudan, and Ethiopia is to be sealed on 23 March.
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Arab Contractors to deliver US$150 million Iraqi Power Plant at 2015-end
The Iraqi electric plant is one of the biggest projects being implemented by Arab Contractors in the country.
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Israel's Tamar group to sell gas to Egypt via pipeline
Egypt has been slow in developing its own sizable gas resources and is seeking numerous import options.
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Egypt seals deal with Gazprom to import 35 cargoes of LNG
Russian firm Gazprom will start deliveries of liquefied natural gas in the second half of 2015.
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Poland-Egypt Trade Exchange targets US$1 billion at 2016-end
The remarks were made during the opening of the Egyptian-Polish business forum.
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Egypt listed for EBRD trade investment drive
Increasing trade will contribute to the overall economic growth in North Africa and the Arab countries.
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Egypt: No Black Market in Currencies in Egypt - Central Bank Governor
The central bank has offered a "more flexible" exchange rate and policy and has enforced a set of technical rules which have completely eliminated the unofficial currency market.
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Over $70 bln pledged at economic conference - Prime Minister
The contributions were divided between investments, aid, and loans.
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Egypt, UAE and France Sign Trilateral MOU at Egypt Economic Development Conference
The memorandum of understanding focused on stimulating private investments.
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Egypt: Prime Minister Lays Out Egypt's Plan for Economic Reform
Larger space for private sector, developing human resources and creating a healthy atmosphere for investments are among the reforms.
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Egypt’s Sisi Closes Economic Conference With Call for Further Investment
Egypt needs up to $300 billion to reach potential, president says at end of economic conference in Sharm el-Sheikh.
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Live updates: Energy deals dominate second day of the Egyptian Economic Development Conference
Suez development project to cover 500 square kilometres and include three economic zones.
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Egypt's Richest Family To Invest $3 Billion In Energy
The investments will be mainly in the energy sector.
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GE delivers turbines to Egypt
General Electric is investing $200 million in a manufacturing and training facility in Egypt's Suez City and had delivered a shipment of gas turbines to supply its grid.