Trade News
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Sisi, Putin agree to build nuclear power plant in Egypt
President Putin's visit to Egypt witnessed several agreements of cooperation among the two countries.
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Egypt 20th country with most Swiss HSBC bank accounts: leaked report
Egyptian private dollar accounts held up to $3.5 billion between 1988 and 2007, according to leaks.
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Egyptian rice exporters say tariff is too high
Exporters have to pay a tariff of $280 on every ton exported.
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Egypt exchange a model for inter-market communication – UN
Un sustainability committee chooses EGX as a reference model for communication.
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Egypt waives customs on some medications for chronic diseases
With millions of Egyptians suffering from chronic diseases, a presidential decree could mean that vital medicines are more affordable.
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Egypt plans to curb budget deficit to 8 percent
Salman: We are targeting 7 percent growth rate in the coming four years.
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Egypt's energy reforms spark rush of oil and gas deals
The last few months have witnessed unprecedented activity to solve the energy crisis in Egypt.
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Egyptian banks need more foreign currency to compete with black market: Sources
With tourism suffering and foreign investment lacking, traders relying on black market.
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28.5% of Egyptian banks provide mobile banking
Banks allow use of applications by clients and non-clients to check accounts, keep track of exchange rates and currency conversion.
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Egypt: CBE - Foreign Exchange Reserves Up By U.S. $97 Million in January
Egypt has recently been implementing new policies to revive the economy.
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Egypt: Economic conference to market Egypt’s image abroad
Fahmi:the conference is a reassurance to the world that Egypt is on the right track.
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Business Women of Egypt 21 Association to hold economic conference
150 businesswomen from 16 countries will be participating from 7th to 11th February 2015.
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France and Egypt negotiating Rafale fighter jet deal
Les Echos daily said the two countries were close to finalizing a deal for 24 jets and a naval frigate worth 5 to 6 billion euros.
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Egypt's foreign reserves rise to $15.43 bln at end-Jan: central bank
Reserves suffered severely after the 2011 revolution
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Egypt might set LE20.000 ceiling for non-bank cash exchange
The high cash exchange can harm the economy
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1H of FY 2014/2015 sees tax revenue rise, decreasing budget deficit growth: Finance ministry
Financial grants recorded EGP 7.8bn in 1H FY 2014/2015 compared to EGP 36.8bn in 1H FY 2013/2014.
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Putin to visit Egypt on February 9-10
The recent years have witnessed improving relations between the two countries.
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Surplus in Egypt-Algeria trade balance in Egypt’s favour
The surplus is equivalent to approximately $43m, where in 2013 trade balance recorded a deficit of $ 89.9m.
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Egypt's Market at highest in 6 ½ years on Pound devaluation
The Central Bank attempts to end black market by narrowing gap between official and unofficial exchange rate.
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Gulf States To Deposit $10bn In Egypt Before Conference
Saudi Arabia, Kuwait and the UAE gave Egypt more than $12 billion in aid after former President Mohamed Mursi was toppled in 2013.