amwalalghad :: Industry & Trade

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Investment - Industry & Trade

Hisham Ibrahim & Sanaa Allam - 2017-12-13 14:01:29
The volume of trade exchange between Egypt and Argentina registered around $1.792 billion during 2016, said Egypt’s Industry and Trade Minister Tarek Qabil on Wednesday. The $1.792 billion included Egyptian exports of $8 million. “The trade deficit between the two countries reached $1.784 billion, balanced for Argentina,” Qabil further stated. The Egyptian minister made his remarks during a meeting with Argentine Vice President Marta Gabriela Michetti, on the sidelines of 11th Ministerial Conference of the World Trade Organisation (WTO), which takes place from 11-14 December 2017 in Buenos Aires in Argentina. In the meeting, they discussed the ways of developing bilateral trade as well as enhancing economic cooperation and common investments between the two countries within the upcoming period. Earlier in July 2017, Qabil added that Marta Gabriela Michetti Argentina visited Egypt, where she confirmed that Argentina is keen on strengthening relations with Egypt in trade and economic fields. More»
Amwal Al Ghad English - 2017-12-13 13:58:44
Egypt’s largest steel producer Ezz Steel reported Wednesday a 551 percent increase in its profits to reach 318.4 million Egyptian pounds ($17.8 million) during the three months ended in September 2017. Earlier, profits stood at 48.9 million pounds during the three months ended in September 2016. Sales rose to 9.8 billion pounds, compared with 4.2 billion pounds last year. During the first nine months of 2017, the company turned into profitability, achieving profits of 239.5 million pounds versus losses of 506.7 million pounds during the same period a year ago. The company made standalone profits worth 1.4 billion pounds during the first nine months of the year higher from 218.09 million pounds in the same period of 2016. More»
Amwal Al Ghad English - 2017-12-13 12:27:54
Egypt and Switzerland signed a joint declaration worth 1.5 billion Egyptian pounds CHF 86 million,  including the new cooperation strategy of the Swiss side in Egypt for 2017-2020. The renew in cooperation between Egypt and Switzerland aims to achieve sustainable development goals in Egypt. The signing ceremony was attended by Minister of Investment and International Cooperation Dr. Sahar Nasr, while the Swiss government and the State Secretary for Economic Affairs Ms. Marie-Gabrielle Ineichen-Fleisch. More»
Amwal Al Ghad English - 2017-12-13 11:39:51
Egytrans, a leading provider of logistics and transportation solutions in Egypt, announced today its consolidated results for the third quarter of 2017. It continues reporting strong performance with revenues up by 106 percent to reach 292 million Egyptian Pounds  and net profits after taxes of 82 million Pounds up 277% Y-o-Y. Group revenues continued strong performance exhibited over the year with a slight slowdown in revenue stream from the projects business partially offset by increasing growth in other business lines. Growth in revenues was coupled with a considerable improvement on Cost/Revenues ratio by 1,065 bps to record 56.0% in 9M17 vis-à-vis 66.6% in 9M16, leading to a higher EBITDA margin of 36.2% vs. 16.1% for both respective periods. More»
Hesham Ibrahim - 2017-12-13 11:02:12
Damietta Furniture City company is set to  launch the second phase of the industrial land plots allocated to establish factories in Damietta Furniture City on December 18 , the company Chairman  Osama Saleh said. The launch of 100,000 metre square represents 17 percent of the total value of land plots assigned for industrial activities in the project, he added. The land plots are fully utilized with payment facilities that reach to 3 years . Saleh added that the new city would participate in increasing sector's exports and upgrading furniture industry. More»
Hisham Ibrahim & Sanaa Allam - 2017-12-13 09:35:34
The volume of trade exchange between Egypt and Brazil rose to around $1.867 billion during the first nine months of 2017, said Egypt’s Trade and Industry Minister Tarek Qabil on Tuesday. Qabil further added that the trade exchange earlier registered $1.478 billion during the first nine months of 2016. Qabil made his remarks during a meeting with Brazil's Minister of Foreign Relations Minister Aloysio Nunes Ferreira and the Minister of Foreign Trade and Services Marcos Antônio Pereira, on the sidelines of 11th Ministerial Conference of the World Trade Organisation (WTO). The conference, which takes place from 11-14 December 2017 in Buenos Aires in Argentina, aims to boost the development of global trading system. “Egyptian exports to the Brazilian market increased by 102 percent during the same period of 2017,” the Egyptian minister noted. In the meeting, Aloysio Nunes Ferreira and Marcos Antônio Pereira said that Brazil is keen on strengthening common trade and investment relations with Egypt in different fields. More»
Amwal Al Ghad English - 2017-12-13 07:01:36
The World Bank will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in the poorest countries in exceptional circumstances, it said on Tuesday, drawing praise from environmental groups. The announcement came as French President Emmanuel Macron told dozens of world leaders and company executives at a climate summit that they were losing the battle against climate change and needed to react. Greenpeace welcomed the move. "The World Bank ... has sent a damning vote of no confidence to the future of the fossil fuel industry," Greenpeace International climate campaigner Gyorgy Dallos said, challenging banks to follow suite. Stephen Kretzmann, of the Oil Change International advocacy group, said it was time for all of the institutions, countries, investors and individuals who are still in the Paris Agreement to stop funding fossil fuels. More»
Amwal Al Ghad English - 2017-12-13 06:58:25
Egyptian Holding Company for Airports and Air Navigation has signed an agreement with the UK Department for Transport to supply Egypt with 12 bomb detection devices for airports in the country, the company said in a statement as reported by state news agency MENA on Tuesday. A cooperation agreement was signed between the company’s chairman Mohamed Saeed Mahrous and the UK Department for Transport’s Aviation Security Operations Director Kashif Chaudry. The devices will be installed at Cairo International Airport as well as other airports across the nation. “These devices will be supplied without the Holding Company bearing any financial burdens, which saves the company around 9 million pounds,” the statement said without specifying the source of the funding. Egypt has been calling for the lifting of the UK’s ban on flights to Sharm El-Sheikh. British security officials have been reviewing security procedures at Egyptian airports since the ban was imposed after a Russian commercial airliner crashed in Sinai in 2015, killing all 224 people on board. The UK Department for Transport recommended in September that the ban be lifted, according to The Telegraph. More»
Amwal Al Ghad English - 2017-12-12 14:13:59
Industrial Development Authority is set to launch 60 million square metre  of industrial land plots by 2022, Chairman of the IDA Ahmed Abdel Razek said. In a conference organized by the American Chamber of Commerce, Abdel Razek added that  IDA has finished developing 25 million square meters from the targeted plan. More»
Amwal Al Ghad English - 2017-12-12 13:10:08
The volume of trade exchange between Egypt and Ukraine registered $1.255 billion during the first half of 2017, compared to $1.206 billion during the same period last year, Trade and Industry Minister Tarek Qabil said. He made this comment during  his meeting with the Ukrainian First Vice Prime Minister and Economic Development and Trade Minister Stepan Kubiv during his participation in the World Trade Organization's 11th ministerial conference, currently being held in Buenos Aires, Argentine. He added that the Egypt's exports to the Ukrainian market has recorded an increase of 49.23 percent from January to June 2017. More»