Arabian Food Industries (Domty) announced Wednesday inking a medium-term loan contract with the Commercial International Bank (CIB) to obtain a loan of up to LE 100 million with the average interest rate announced by the Central Bank. Domty stated in...اقرأ المزيد
Egypt’s non-oil exports jumped 3 percent during the first eight months of 2019 to record $ 17.065 billion, compared to $ 16.612 billion during the same period of 2018, Ministry of Trade and Industry revealed Wednesday. The ministry clarified in...اقرأ المزيد
Head of the human and community development sector at the Micro, Small and Medium Enterprise Development Agency (MSMEDA) Mohamed Massoud said that work has started for implementing the 15-million-euro grant agreement signed with the European Investment...اقرأ المزيد
An Egyptian state tender seeking wheat received a lowest offer of $194.40 per tonne for 60,000 tonnes of French grain from Glencore, traders said on Wednesday. The General Authority for Supply Commodities (GASC,) said on Tuesday it was seeking an unspecified...اقرأ المزيد
Egypt will float 5-6 public companies on the Egyptian Exchange (EGX) during the coming period, Prime Minister Mostafa Madbouli said Wednesday. By the end of February, Egypt floated a stake of Eastern Company on EGX, and the public and private offerings...اقرأ المزيد
Ukraine’s President Volodymyr Zelensky on Wednesday (Sept. 25) has discussed boosting relations with Egypt in a meeting with President Abdel Fattah al-Sisi on the sidelines of the United Nations General Assembly in New York, Egyptian presidential...اقرأ المزيد
The Egyptian Exchange (EGX) continues its downtrend for the second session this week, losing around LE 8.19 billion of its market capitalization, amid foreign selling. The benchmark EGX 30 dipped 1.47 percent, or 204.92 point, to close at 13,753.19 points. The...اقرأ المزيد
Minister of Agriculture Ezzi Eddin Abu Steit discussed on Monday with new Egyptian Ambassador to South Sudan Mohamed Mansour cooperation in the agricultural domain between the two countries. The meeting, which was held at the headquarters of the Ministry...اقرأ المزيد
Egypt’s non-oil exports rose by around $75 million, recording $1.964 billion during August 2019, compared to $1.619 billion during the same month of 2018, recent data from the General Organization for Export and Import Control (GOEIC) revealed. Issued...اقرأ المزيد
Egypt’s Foreign Minister Sameh Shoukry said that Egypt attached a great importance for the situation in Africa and the continent’s development agenda, in an interview with Egypt’s Extra News. Shoukry said that President Sisi will highlight...اقرأ المزيد