Trade News
-
UAE offers $4b to help boost Egypt’s economy
UAE, Saudi Arabia, Kuwait pledge $4b each at Egypt conference; 30 heads of state, key foreign investors attend session to boost Egyptian economy.
-
Egypt eyes deals worth $20b
Cairo hopes summit will allow it to double foreign investment to $8b this year.
-
Sisi to inaugurate Egypt Economic Development Conference Friday
Prime Minister Ibrahim Mahlab will hold a press conference Friday afternoon to demonstrate the timeline and activities of the conference.
-
Richard Attias & Associates: The organizers of EEDC
More than 2500 global leaders, including heads of state, public figures, chairmen and CEOs of multinational corporations and over 1000 media participated in the conference.
-
Samsung participates in the Egypt Economic Development Conference
Samsung provides the conference with HD screens manufactured in Egypt.
-
Egypt's trade deficit rises 22% in December
The deficit was driven by a 9.6 percent increase in imports and a 3.5 percent decline in exports.
-
Al Baraka group to invest LE2 billion in Egypt
The Egyptian economic conference set to begin on Friday will host high level diplomatic and business delegations from around the world in a hope to changes its fortunes around.
-
CIB Starts Due Diligence on Citigroup’s Egypt Retail Business
Citigroup is exiting its consumer banking business in 11 countries to focus on markets with great scale and growth potential.
-
Inflation rises to 10.7% in February
The cut was attributed to a decline in the headline consumer price index (CPI) by 1.53% in November and 0.07% in December.
-
Siemens to supply four turbines for Egypt power plant
Egypt is facing one of its worst energy crunches in years.
-
Egypt: Businessmen Association Urges Saudi Investors Exiting Yemeni Market to Shift to Egypt
Egypt strongly believes heavy participation in its economic conference would help its economy recover.
-
Egypt takes part in business seminar in Malta
The conference marks the launch of the Malta-North Africa business council.
-
Egypt targets FDI worth $60 billion over four years: minister
Arabi said he expected the law to be issued by presidential decree within days.
-
India,Egypt form group to cooperation on environmental issues
Climate change and environmental education are among the priorities of the cooperation.
-
Minister: Egypt's economy grew 4.3% in fiscal 2nd quarter
Arabi said unemployment was at 12.9 percent at the end of December, down from 13.4 percent a year earlier.
-
Italian firm D'Appolonia wins bid for Egypt's 'Golden Triangle' project
Egypt’s cabinet decided to establish an independent entity to manage the project and start a bid for an international consultancy firm.
-
Egypt to launch $1.6B ‘Money, Business Center’ project at March Summit
Investment returns from the project will range between 25 to 30 percent.
-
Egypt's Suez Canal expansion could see it dominate economy
The $8bn project, led by the Egyptian army, has been underwritten by Egyptian citizens who purchased canal investment certificates.
-
BP unveils USD 12 bn investment in Egypt gas fields
Gas will be produced by two BP-operated offshore blocks North Alexandria and West Mediterranean Deepwater.