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SDX Energy discovers more oil in Egypt
Further evaluation of the discovery was ongoing, after which SDX said it expected the well to be completed as a producer.
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Egypt's Tourism Minister reveals plans to boost tourism
Al-Ahram reported that more projects are set to be launched in Al-Galala city near Ain El-Sokhna.
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Egypt eyes shift to longer-term borrowing
Treasury securities have been a key part of the government’s efforts to help bridge a fiscal deficit that is said will fall to 8.4% of GDP by 2019.
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Informa Egypt announces further investment in exhibitions market
Informa has been active in Egypt since 2011 through a range of strategic and joint venture partnerships in Exhibitions as well as in Publishing.
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Game-changing Insights into the Real Estate Market
Find out the top 5 trends in Real estate market in 2018 introduced by “propertyfinder.eg” and stay ahead of the game.
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WB president lauds success achieved in Egyptian economy
The bank is working on investing in education, health and social protection to increase growth, Kim said.
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Negotiations over developing Egypt's Suez Canal Zone progressing smoothly
Mamish said good news on an agreement is expected in the next two months.
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Trade exchange between Egypt, Vietnam hits $377M in 2017
The volume of trade exchange between Egypt and Vietnam in 2017 rose to $377 million, compared to $266 million in 2016, which represents 41% increase.
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IHG signs double hotel deal in Egypt with Arabia Hotels
The hotel is scheduled to open in 2023, and with rooms directly overlooking the Pyramids.
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Archaeologists find bust of Roman emperor in Egypt
Egypt says archaeologists have discovered a bust of the Roman Emperor Marcus Aurelius in the southern city of Aswan.
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LG aims to acquire 33% of TV market
Local market expects 40% growth in TV sales during 2018.
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Egypt ranks 167 in paying taxes
Egypt ranks among the slowest 11 countries in Africa in the time required for a company to meet its tax obligations.
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Egypt budget highlights 2018-19: Plans and prospects
The government announced its plans for Egypt’s 2018-19 budget this week, targeting a growth rate of 5.8 per cent of GDP.
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Business France director invites Egyptian companies to SIAL 2018
SIAL Paris is a unique global event involving food companies from all over the world, seconded by Anuga Food Tech.
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Egypt's investment map has promising opportunities
Nasr met with several major US companies desiring to invest in Egypt at the United States Chamber of Commerce (USCC).
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Yorktown selling Egypt oil business Merlon
Private equity firm hopes to raise up to $400mln.
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Egypt buys 190,000 tonnes of locally-produced wheat
The government said last year it would buy wheat from local farmers at global prices this season, which began on April 15 and ends on July 15.
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IMF Expects Economy to Grow At 5.2 in 2018
Egypt is projected to register an economic growth rate of 5.5 in 2019, the IMF added.
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Trade Exchange between Egypt, France records $2.5B in 2016/17
Prevest expected further increase of the trade exchange between the two states in the current fiscal year 2017/2018.
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Egypt exhibiting previously unseen Ptolemaic artifacts
A Dominican archaeological mission unearthed the artifacts in the Taposiris Magna area in the Mediterranean city of Alexandria.
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Project: Strand Guide Rollers
Import of 125 different strand guide rollers of 150, 200, 230 & 250 mm. size
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Project: Security Control Systems
Supply, erection & commissioning of security control systems along fences at company locations
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New governmental measures to battle wheat black market
The Egyptian government recently approved purchasing 150 kilograms of wheat from local farmers at $34.1, which comes to $220 per ton.
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Russia, Egypt to negotiate flights to Hurghada, Sharm El Sheikh at end of spring
On April 11, direct regular flights between Cairo and Moscow were resumed after a break of almost two and a half years.
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PHD adds Egypt to global footprint
As per the Omnicom Media Group agency, the move is in direct response to marketer needs for the agency’s expertise and data-first approach in Egypt.
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International organisations forecast positive expectations for Egypt’s economy
IMF increases growth in Egypt to projected 5.2% this year.
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Egypt aims to import 7mn t of wheat in 2018-2019
Egypt harvests its own crop from April through July and has said it is looking to buy over 4 million tonnes from its farmers.
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Royal Dutch Shell to resume deep-water exploration off Egypt
The field is owned by Egypt’s General Petroleum Corporation (EGPC), Malaysia’s Petronas and Shell.
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Russian nuclear energy deals with Egypt reach almost $60bn
According to Rosatom head Alexey Likhachev, the company launched a commercial package of all Egyptian contracts in mid-December.
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Egyptian economy to experience near-term growth: UN official
The implementation of the recent economic reforms in Egypt will subsequently promote development, reduce poverty and unemployment rates.
