Most Recent News

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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Egyptian, Greek officials meet in Cairo, express pride in ‘strong relations’

Egypt’s Minister of Foreign Affairs Sameh Shoukry received in Cairo on Sunday the Greek Deputy Minister of Foreign Affairs Terens Quick to discuss development cooperation between the two countries, Egyptian.

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Egypt can be trade port for Italy, says Egyptian minister

Egyptian Industry Minister Amr Nassar told companies participating in the trade mission organised by the Mediterranean Institute for Asia and Africa (ISMAA) that the Egyptian market can be used as.

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Egypt named top for investment attraction in Africa

Egypt accounts for some 48% of foreign investment in Africa and this percentage is expected to rise. In 2017, Foreign Direct Investment (FDI) in the country rose to an estimated.

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Trade volume between Egypt, France hits $1.459b over 8 months

The volume of trade exchange between Egypt and France hit $1.4 billion during the first eight months of 2018, with $460 million in exports and $999 million imports, trade and.

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