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German investments reach $7.4bn, says Nasr
Agency’s Deputy Assistant Administrator visits Egypt for the first time
The Emirati company would build a 200MW solar plant in Kom Ombo region of Aswan with $200m investments, and the EETC would buy the plant’s production at about 2.48 piasters per kWh
The meeting aims to evaluate the outcomes of the two previous meetings
Negotiations to be resumed in Sudan
El Molla told Reuters that his country welcomes the attraction of international companies for gold and minerals exploration
Boosting tourism relations requires additional promotion, says ambassador
The two-day meeting is expected to complete technical discussions on outstanding issues regarding the filling and beginning of the operation of dam
A total of 27 contracts were signed for a total value €4bn from 2015 to 2019, with average amount per year was hence €800m, says Scannapieco
Overnight deposit rate to record 10.13% in 2020, and 9.58% in 2021
“The three coffins date back to the 18th Dynasty, and are in a good condition of preservation,” said Mostafa Waziri, secretary-general of the ministry’s Supreme Council of Antiquities.
Egypt’s food additives market reached €100-130m and the company’s market share is 30%
“Recent meeting with president Al-Sisi encourages us to invest more in the market,” says chairperson
He said, “Egypt has the highest rate of cesarean delivery in the world of 63%, while the World Health Organization urged that cesarean section should not exceed 15% in any society.”
Real GDP growth to remain robust at 5.5%, budget deficit to narrow at 7.6% of GDP in FY20
Cement workers in Egypt complained a lot about the industry situation and are waiting for real solutions, says Medhat Stefanos
US commits $430m in insurance to a natural gas project in Egypt, says American ambassador
15.1% increase in Egyptian exports to Sahel and Sahara countries to record $3.136bn
With regards to the EHA’s strategy, he stated that the association is focusing on developing the skills of hospitality employees by organising training sessions covering various areas to improve the level of service in Egypt’s hotel industry, in addition to improving hygiene through the new hospitality criteria.
Parliament is on three-week vacation, but may run extraordinary session to discuss possible cabinet reshuffle
FDIs declined 24% to $5,9bn in FY 2018/19, from $7,7bn in FY 2017/18
Deals include natural gas transmission through EMG pipeline, petroleum products manufacturing
The group’s Managing Director Nirvana Chaudhary stated that the group pays a great importance to the Egyptian market.
Current Singaporean investments in Egypt stand at $500m, trade exchange at $1bn in 2018, says ambassador
The minister elaborated that the ministry is keen to promote the pharmaceutical industry as one of the strategic industries in the national economy to meet the needs of local market, and also export to regional and global markets.
The report showed out that the highest exports were concentrated in five African countries, including Libya, Sudan, Kenya, Ethiopia, and Uganda, respectively, accounting for85.5% of Egypt’s total exports to COMESA countries.
Nooros gas field produces 1.1 bn scf/day
“We hope the GERD negotiations go well, yet water demand is still high,” says Yoon
New US ambassador in Egypt asserts his keenness to improve joint trade, investment ties
PM, several ministers will give speeches over the forum’s launch on Monday