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Ministry of Industry looks to increase Africa inter-trade to 2%

Monday 14/01/2019 22:39

By Yasmin Fawaz Minister of Trade and Industry, Amr Nassar revealed Egypt's efforts to increase bilateral trade with Africa from 1.5 to 2 percent, no...
Orascom Construction expects $ 3.5bn revenues by 2018 end

Monday 14/01/2019 22:37

By Ragab Ezz el-Din Orascom Construction Limited said it expected revenues ranging between$ 3 billion and $ 3.5 billion by the end of 2018. This cam...
LG injects new investments worth $ 15mn

Monday 14/01/2019 22:36

Al-Mal LG Electronics’ CEO Don Kwak  said that his company is committed to pumping new investments worth $ 15 million, which can be increa...
The real estate sector is intertwined, represents 17% of the economic growth, Planning Minister

Monday 14/01/2019 22:28

By Shar Nasr Minister of Planning, Dr. Hala Al-Saeed said that the real estate, building and  construction sector are intertwined with other sec...
Air Arabia Egypt launches new flights to Jordan

Monday 14/01/2019 14:03

TradeArabia: Air Arabia Egypt has started new direct flights connecting Sharm El Sheikh to Amman, the capital city of Jordan. The one-hour flight ope...
EGX gains 1.2%, Global Telecom plunges 7%

Monday 14/01/2019 13:40

Reuters: EGX index gained 1.2 percent, but Global Telecom Holding plunged 7 percent after announcing earlier on Sunday its plan to convert outstanding...
Customs authority settles $39 million dispute with Mercedes-Benz importer: ministry

Monday 14/01/2019 13:01

Al Mal: A 700 million pound dispute between Egypt's customs authority and an importer of Mercedes-Benz vehicles has been settled, Reuters quoted the f...
Top EU asset manager Azimut buys Rasmala's Egyptian unit

Monday 14/01/2019 12:51

TradeArabia: Azimut Group, one of Europe’s leading independent asset manager, has signed an agreement with independent alternative asset managem...
Cairo extends state of emergency for another 3 months

Monday 14/01/2019 11:20

MEMO: The Egyptian parliament yesterday approved a decision to extend a nationwide state of emergency for an additional three months. “On 10 Ja...
Government to issue foreign bonds worth $3bln-$7bln -finance minister

Monday 14/01/2019 10:19

Al Mal: The government  will issue foreign currency bonds worth between $3 billion and $7 billion, according to statements by finance minister Mo...