Furniture exports register EGP1.1bn, reaching EGP 2.8bn by end of 2014
Sector exports have increased steadily over the past four years.
Trade ministry reviews import procedures to reduce smuggling
The Ministry of Commerce is targeting increased Egyptian non-petroleum exports during the coming period and is beginning a new programme to support exports at the start of July, according to…
Saudi Arabia’s Beyti investing EGP 4bn for expansions in Egypt
Company plans new juice plant and two milk farms to increase market share to 35% within 5 years
Egypt targets 2 million Arab tourists by the end of the year: Tourism ministry official
Egypt’s Ministry of Tourism hopes to attract 2 million Arab tourists by the end of 2014 by launching promotional campaign in the Emirates, Saudi Arabia and Kuwait
Sawiris plans to raise capital of New Egypt to $230m after 20% purchase of Hermes
Sawiris-led Alliance purchasing 20% stake in Hermes from shareholders remains committed even if shares restricted from sale during first year
US committed to supporting Egypt in economy and security: Kerry
Kerry’s visit coincided with the announcement that $572m military aid has been released
Gas production rates decrease to 4.65bn cubic feet per day
The gas company cut 300m cubic feet of gas per day from cement factory consumption, from its estimated daily rate of 430m cubic feet.
Flynas targeting 30% share of Egyptian pilgrims annually: Deputy CEO NAS Holding
Flynas launches seventh route to Saudi Arabia in June
Palm Hills restores 56.77 feddans in Sheikh Zayed; New Cairo land settlement still outstanding
Palm Hills Development, cabinet and New Urban Communities Authority agree on EGP 229m settlement
Security forces disperse protest, arrest 24
Political parties and NGOs condemn arrests and call for the cancellation of the Protest Law
