Egypt named top for investment attraction in Africa
18/10/2018Egypt 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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Most Recent News
Business & Economy
Trade volume between Egypt, France hits $1.459b over 8 months
16/10/2018The 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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Africa
Egypt’s Sisi heads to Moscow for three-day visit
15/10/2018Egypt’s President Abdel-Fattah El Sisi headed to Moscow on Monday for a three-day visit to Russia which will include talks with his Russian counterpart Vladimir Putin, state news agency MENA.
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Total Updates
Egypt Aviation Ministry finalizes steps to inaugurate Sphinx Airport
15/10/2018Egypt’s Aviation Ministry has begun finalizing the preparations to open the Sphinx Airport (IATA SPX), west of Cairo to become the 33rd Egyptian airport. Construction work on the airport began.
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Business & Economy
UAE to participate in BiznEX Egypt
14/10/2018The UAE will participate in the Egypt’s inaugural International Business and Franchise Expo, BiznEX 2018. The expo will run from 8th to 10th November at the Egypt International Exhibition Centre,.
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Business & Economy
Egypt’s trade with France hits $1.459 bln in August
13/10/2018Trade exchange between Egypt and France reached around $1.459 billion at the end of last August, said Egyptian Minister of Industry and Trade Amr Nassar on Saturday. “The $1.459 billion.
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Business & Economy
Development Stories
Trade and Investment
World Bank projects 2% growth in the MENA region
10/10/2018Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an average 1.4% in 2017 according to.
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Business & Economy
Egypt signs deal with CI Capital-led group for ENPPI’s IPO
08/10/2018Egypt has signed an agreement with three banks to manage the sale of a 24 percent stake in state-owned oil company ENPPI on Cairo stock exchange, the petroleum ministry said.
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Business & Economy
Egypt to receive $31.5mn from UNDP to protect Nile Delta
07/10/2018Egypt signed with the United Nations Development Program (UNDP) a project to support adaptation to climate change in the North Coast and Nile Delta regions. Prime Minister Mostafa Madbouly attended.
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Business & Economy
Egypt’s ready-made garments exports increase 6 % in 8 months
03/10/2018Egypt’s exports of ready-made garments increased by 6 percent during the first eight months of 2018 to hit $1.040 million, compared with $980 million in the same period of last.
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