Tag: Egypt

Egypt named top for investment attraction in Africa

Egypt accounts for some 48% of foreign investment in Africa and this percentage is expected to rise. In 2017, Foreign Direct Investment (FDI) in...

Trade volume between Egypt, France hits $1.459b over 8 months

The volume of trade exchange between Egypt and France hit $1.4 billion during the first eight months of 2018, with $460 million in exports...

Egypt’s Sisi heads to Moscow for three-day visit

Egypt's President Abdel-Fattah El Sisi headed to Moscow on Monday for a three-day visit to Russia which will include talks with his Russian counterpart...

Egypt Aviation Ministry finalizes steps to inaugurate Sphinx Airport

Egypt’s Aviation Ministry has begun finalizing the preparations to open the Sphinx Airport (IATA SPX), west of Cairo to become the 33rd Egyptian airport. Construction...

UAE to participate in BiznEX Egypt

The UAE will participate in the Egypt's inaugural International Business and Franchise Expo, BiznEX 2018. The expo will run from 8th to 10th November...

Egypt’s trade with France hits $1.459 bln in August

Trade exchange between Egypt and France reached around $1.459 billion at the end of last August, said Egyptian Minister of Industry and Trade Amr...

World Bank projects 2% growth in the MENA region

Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an...

Egypt signs deal with CI Capital-led group for ENPPI’s IPO

Egypt has signed an agreement with three banks to manage the sale of a 24 percent stake in state-owned oil company ENPPI on Cairo...

Egypt to receive $31.5mn from UNDP to protect Nile Delta

Egypt signed with the United Nations Development Program (UNDP) a project to support adaptation to climate change in the North Coast and Nile Delta...

Egypt’s ready-made garments exports increase 6 % in 8 months

Egypt’s exports of ready-made garments increased by 6 percent during the first eight months of 2018 to hit $1.040 million, compared with $980 million...