Canal Sugar inks EGP 5bn contracts to complete Minya sugar beet project by 2021
Canal Sugar, an Egyptian joint stock company, headed by the Emirati investor Gamal Al Ghurair, signed three contracts worth EGP 5bn to complete the establishment of its sugar beet project…
Nassar meets with Chinese clothing companies, discusses investment plans
Minister of Trade and Industry Amr Nassar met with Chinese companies working in the field of spinning, weaving, and ready-made garments, who are interested in investing in the Egyptian market,…
EBRD appoints Khalid Hamza as deputy head for Egypt’s office
The European Bank for Reconstruction and Development (EBRD) has appointed Khalid Hamza as the new deputy head of its office in Egypt. Based in Egypt, Hamza will assume his role…
Al-Sisi, Conte discuss updates of Regeni’s case amid Beijing visit
President Abdel Fatah Al-Sisi stressed on Saturday the distinguished historical ties between Egypt and Italy at the political and economic levels. He said so in a meeting with the Italian…
French police arrest 4 suspects for plotting attack on security forces
Paris prosecutor's office on Monday said three adults and a minor had been arrested over a planned attack on French security forces that was due to be carried out in…
US investment fund to buy United Bank of Egypt in 3 months, CBE to maintain stake: Amer
The United Bank of Egypt will be sold to a major US investment fund within three months, the Central Bank of Egypt’s (CBE) Governor Tarek Amer revealed on Monday. Amer…
Brazil’s exports to Arab region hit $3.15bn mark in Q1 2019
Total exports to Arab countries at 11.5m tonnes of goods combined
Chilean investments in Egypt amount to $250m
Egypt, Chile to form technical working groups to study feasibility of concluding FTA between two countries.
Egypt to particpate in Arab Travel Market Forum
The Minister of Tourism, Rania Al-Mashat announced on Saturday that she is heading to Dubai with a delegation from the tourism private and government sector, to particpate n the Arab…
Kuwait Investment Authority to expand its investments in Egypt during coming period
Kuwaiti investments in Egypt amount to $4.7bn, with 1,302 companies in the fields of industry, finance, real estate, tourism, services, agriculture.