Business

Egypt’s Sewedy says won $440 mln contract in Qatar

Egypt’s Sewedy says won $440 mln contract in Qatar

Egypt's El Sewedy Electric, the Arab world's biggest listed cable maker, said on Monday its Qatari unit had won a…
Suez Canal March revenues up at US$413.5 mln

Suez Canal March revenues up at US$413.5 mln

Revenue from Egypt's Suez Canal rose 9 percent year-on-year to US$413.5 million in March and 6.4 percent from a month…
Hotel occupancy down by 65% after revolution

Hotel occupancy down by 65% after revolution

Egypt's hotel occupancy decreased by 64.7 percent after the 25 January revolution compared to the same period last year, according…
Saudi ambassador pledges new investments for Egypt

Saudi ambassador pledges new investments for Egypt

Saudi Arabia's ambassador to Egypt pledged that his country will make new investments in Egypt if it restores security after…
New procedures to encourage small and medium-size projects

New procedures to encourage small and medium-size projects

Minister of Industry and Foreign Trade Samir Sayyad on Sunday said the ministry is preparing new procedures that aim to…
Egypt’s inflation rises to 11.5% in March

Egypt’s inflation rises to 11.5% in March

Urban consumer inflation in Egypt rose to 11.5 percent in the 12 months to March from 10.7 percent in February,…
Egypt lifts ban on gold exports, cites stability

Egypt lifts ban on gold exports, cites stability

Cairo -- Egypt has lifted a ban on the export of gold due to economic and political stability, the government said…
Minister: Egypt needs direct investments not grants

Minister: Egypt needs direct investments not grants

Egypt does not need foreign aid or grants but direct investments to overcome the current economic conditions, said Finance Minister…
International prices of commodities continue to soar

International prices of commodities continue to soar

The international prices of basic commodities have continued to rise, nudging close to, and in some instances surpassing, prices witnessed…
Egypt halts Japanese imports due to radiation risk

Egypt halts Japanese imports due to radiation risk

The Egyptian cabinet has halted Japanese imports including food, produce, scrap metal, and used car parts because of the risk…
Back to top button