Most Recent News

Egypt’s textile exports hit $678m in 9-month period

Egypt’s textile exports increased during January-September, 2018 by 10% to reach $678 million compared to $614 million during the same period last year. The textile exports constituted 3.66% of Egypt’s.

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Egypt seeks ready-made garments exports of $1.8 mln in 2019

Egypt’s Ready Made Garments Export Council seeks exports of $1.7-1.8 million during the next year with an increase of 12-14 percent, the Council’s head, Mohamed el-Sayyad said. Egypt’s ready-made exports.

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Egypt’s growth rate rises to 5.3% during first quarter of fiscal year

Egypt’s Minister of Planning, Monitoring and Administrative Reformation Hala al-Saed announced Friday that the economic growth rate increased to 5.3 percent in the first quarter of the current fiscal year.

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Lebanese investments in Egypt to reach $5bln by 2018 end

The Lebanese volume investments in Egypt would reach $ 5 billion by the end of the current year, according to the Vice Chairman of the Joint Egyptian- Lebanese Business Council,.

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Egypt launches first regional entrepreneurship centre

Egypt’s Minister of Investment, Sahar Nasr, is set to lay the cornerstone of the first regional entrepreneurship centre in the framework of Egypt Entrepreneurship Summit 2018. The Egyptian government works.

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ExxonMobil wants to expand gas activities in Egypt

ExxonMobil Company President Bryan Milton expressed his company’s desire to increase its cooperation and expansion in Egyptian oil and gas. Milton said on Saturday that the sector witnessed positive changes.

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Telecom Egypt signs $500m medium term syndicated loan

Telecom Egypt has signed a $500million medium-term syndicated loan, which will be used to support its capital and operational expenditure and refinance an existing short-term facility. First Abu Dhabi Bank.

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Egypt, Sweden trade exchange amount to $541mn

The trade exchange between Egypt and Sweden in the first eight months of this year amounted to $541 million, Trade and Industry Minister Amr Nassar. The minister added that the.

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Egypt, Greece discuss ‘Nostros’ cooperation initiative

Preparations are being made for phase two of the “Nostros – the Return” initiative between Egypt, Greece and Cyprus, which will guide the three countries to political and economic cooperation,.

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Egypt’s EGX 30 index 0.8% down after news of IPO plan delay

Egypt’s blue-chip EGX 30 index ended 0.88 percent lower on Sunday after the government decided to delay its IPO programme. The benchmark index closed at 13,524 points. The mid- and.

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