Trade News
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Egypt holds Oil and Gas Summit
The summit tackles development of the oil and gas industry and undiscovered resources in Egypt.
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Ezz Steel posts Q3 loss of 285 mln Egyptian pounds
The losses of the biggest steel manufacturer have doubled since last year.
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Half projects in Egypt March investment conference to be in energy sector
The government signed many energy deals and plans to scrap crippling subsidies by 2019.
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Economy recovering, EGX records show: Dcode EFC Report
The report featured on the official website “Egypt the Future” created to promote Egypt’s Economic Summit.
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Cyprus and Egypt just tightened their energy cooperation
Egypt is looking to import Cypriot gas both for domestic use and for possible re-export to other countries.
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Etisalat Egypt receives $120m Bank of Abu Dhabi and HSBC loan
Etisalat Egypt has repaid the last portion of the $300m loan it received from several banks in 2010 through premiums. The loan was fully repaid in 2014.
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3 investment banks promote 11 developmental projects for Economic Summit
Global Swiss bank expressed desire to participate in marketing Conference’s investment projects.
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Egypt 'doesn't mind' Israeli gas
Officials are talking with the American Noble Energy Company, operator of Israel 's gas fields, in a bid to address the country 's energy crisis.
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France's Hollande says Egypt to buy Rafale fighters, frigate
The contract would be the first overseas for the Rafale.
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SFD obtains $90m for short-term employment investments
SFD signed EGP 1.18bn worth agreements with governorates to benefit from Emergency Labour Intensive project.
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Lebanon key investor in Egypt economy
Economy Minister Alain Hakim said total Lebanese investments in Egypt come to around $3.7 billion.
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Egypt to return $1bln to Qatar in October: MENA
As of the end of January, Egypt’s net international reserves stood at $15.4 billion.
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Egypt to issue $1 billion, 1-year, dollar T-bill: Central Bank
Egypt has turned to covering budget deficit from the local market.
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Egypt has no concrete plans for IMF package now: Finance minister
Egypt's finance Minister responds to IMF report
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Egypt's CIB reports 36% rise in fourth quarter net profit
The balance sheet witnessed the highest growth rate in 8 years.
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IMF: Egypt reforms starting to turn economy around
Egypt's new regime is focused on economic reform.
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Local investment in Egypt rises 1.3 pct y/y in Q1 -state media
Egypt's is devoted to rebrand itself during the economic conference in March.
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Egypt: Monthly inflation rose by 1.2% in January – Official
Egypt has been undergoing economic changes like the devaluation of its currency.
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Egypt, EEU agree to create free trade zone
The visit of Russian President Vladimir Putin to Egypt was his first foreign trip in 2015.
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Egypt sells $720mn in treasury bills – ministry
Treasury bills and bonds are currently the main funding mechanism for debts and new projects.