Business
CAPMAS: Egyptian cotton exports nearly double in second agricultural quarter
May 25, 2015
CAPMAS: Egyptian cotton exports nearly double in second agricultural quarter
Total Egyptian cotton exports rose by 94.3 percent year on year, in the period from December 2014 to February 2015,…
22% increase in Egyptian exports to Russia in 2014
May 25, 2015
22% increase in Egyptian exports to Russia in 2014
Trade and Industry Minister Mounir Fakhry Abdel Nour said the trade balance between Egypt and Russia has boomed from $3…
Egypt’s Carbon Holding eyes $4 bln loan by for petchem project
May 25, 2015
Egypt’s Carbon Holding eyes $4 bln loan by for petchem project
Egypt's Carbon Holdings hopes to conclude a $4 billion debt financing with export credit agencies to back its $7.4 billion…
AfDB: Africa’s GDP growth seen at pre-economic crisis levels
May 25, 2015
AfDB: Africa’s GDP growth seen at pre-economic crisis levels
African economies will grow 4.5 percent this year and 5 percent in 2016 due to rising demand for exports, the…
Egypt’s market losses LE2.5 bn on Monday, EGX30 down 0.78%
May 25, 2015
Egypt’s market losses LE2.5 bn on Monday, EGX30 down 0.78%
Egypt's market closed in the red zone for Monday's session, as the benchmark EGX30 Index decreased 0.78 percent reaching 9,050.76points…
Italian donors raise credit limit financing Italian projects in Egypt to 10 billion euros
May 25, 2015
Italian donors raise credit limit financing Italian projects in Egypt to 10 billion euros
Trade and Industry Minister Mounir Fakhry Abdel Nour said Italian donors, which include Italian banks and the Italian Loan Guarantee…
Food supply minister tackles Egyptian investment projects with Russians
May 25, 2015
Food supply minister tackles Egyptian investment projects with Russians
Domestic Trade and Food Supply Minister Khaled Hanafy tackled investment issues with an alliance of major Russian companies on Monday. The…
Suez Canal gains hit $1.7 bn in first 4 months of 2015
May 25, 2015
Suez Canal gains hit $1.7 bn in first 4 months of 2015
Egypt's Suez Canal revenues reached US$1.659 billion (LE12.6 billion) during the first four months of 2015, according to Egypt State…
Investors: Decline in exports due to decline in power supply
May 25, 2015
Investors: Decline in exports due to decline in power supply
Investors have confirmed that the decline in the power supply to factories was the most prominent reason for the decline…
Abu Dhabi’s Gulf Capital says eyes four deals in Egypt
May 25, 2015
Abu Dhabi’s Gulf Capital says eyes four deals in Egypt
Abu Dhabi's Gulf Capital is considering four deals in Egypt in healthcare, oil and gas, petrochemicals and consumer goods, the…