1/21/2024 - About 14,000 tons of goods were handled at different Red Sea harbors, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 5,500 tons of goods, 542 trucks... |
1/3/2024 - The European Union imposed sanctions on Russia's state-run diamond giant Alrosa and its CEO as part of a ban on imports of the precious stones over the Ukraine war. The EU in December agree... |
7/17/2023 - Egypt's engineering exports reached around $1.64 billion during the first five months of 2023, 0.7 percent higher than the same period last year, Minister of Trade and Industry Ahmed Samir stated on t... |
3/11/2023 - Cairo has contributed to securing part of Europe’s energy needs during the global crisis, thanks to Egypt’s special position as a regional hub for energy, said Petroleum and Mineral Resources Minister... |
8/21/2022 - The government’s modernisation plans for Egypt’s textiles sector are paying off, with a greater role planned for the private sector. As part of the cabinet-sponsored dialogue to discuss th... |
9/6/2019 - Prime Minister Moustafa Madbouli chaired the first meeting of the Egyptian Regulatory Reform and Development Activity's (ERRADA) board of trustees. Members of the Central Unit for the Review... |
9/3/2019 - Egypt is targeting a budget deficit of 7.2% this fiscal year, and a deficit of 6.2% in the 2020/21 fiscal year, the finance minister said . The country is targeting a primary surplus of 124 b... |
8/13/2019 - Last week, the Central Bank of Egypt (CBE) announced new regulations regulating foreign currency import and export. The new regulations allow banks to sign contracts with international financ... |
7/18/2019 - Egypt's minister of trade and industry Amr Nassar said that Egyptian investments in Kenya estimate $36.6 mln and are ranked 24th among investors in the Kenyan market. Nassar, who is participating in ... |
7/17/2019 - Minister of Trade and Industry Amr Nassar, on behalf of President Abdel Fattah El Sisi, led Egypt's delegation to the Source 21 COMESA International Trade Fair and the third Kenya Week. The e... |
6/20/2019 - An Egyptian state tender for wheat attracted a lowest offer of $196.86 per tonne for 55,000 tonnes of Russian wheat, traders said . The offer was presented by Glencore. Egypt’s state grains ... |
1/30/2019 - Egypt achieved a primary budget surplus of EGP 21 billion, representing 0.4 percent of gross domestic product (GDP) in July-December 2018, compared to a primary budget deficit of EGP 14 billion that c... |
1/7/2019 - Prime Minister Dr Mostafa Madbouli said the Africa Investment Guarantee Fund will contribute to increasing investments and expanding cooperation between Egypt and all African nations through fruitful ... |
11/13/2018 - The International Monetary Fund (IMF) expects an increase in private investment in Egypt due to improved confidence. In its Regional Economic Outlook: Middle East and Central Asia November 20... |
3/19/2018 - UN Resident Coordinator in Egypt Richard Dictus said Minister of Investment and International Cooperation Sahar Nasr launched a new chapter in the rich United Nations history in Egypt, noting that all... |
3/18/2018 - Prime Minister Sherif Ismail laid the foundation stone of the Central Business District designed to attract international and global enterprises in the New Administrative Capital. Housing Mi... |
12/4/2017 - The COMESA Regional Investment Agency said that 10 heads of state and government will take part in the "Africa 2017" conference to be held in the Egyptian Red Sea resort city of Sharm el Sheikh . |
1/29/2017 - A Turkish business delegation arrived in Cairo the first such visit since 2013, upon an invitation by the Federation of Egyptian Chambers of Commerce to discuss the possibility of economic cooperation... |
12/20/2016 - Minister of International Cooperation Sahar Nasr praised relations between Egypt and the European Union, saying the EU plays a positive role as a key development partner of Egypt's. Address... |
11/1/2016 - The government realizes the difficult economic conditions which are facing the country and the citizen, said Prime Minister Sherif Ismail. Ismail attributed the reason behind the current e... |