amwalalghad :: Industry & Trade

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        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        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        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        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        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        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        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

Amwal Al Ghad English - 2018-02-27 11:57:26
More than 100 cities now obtain at least 70 percent of their electricity from renewable sources, according to data from the non-profit CDP. The analysis, released Tuesday, paints a picture of an ongoing shift towards renewables, with more than 40 cities — including Reykjavik, Iceland, and Basel, Switzerland – said to be running on 100 percent renewable electricity. The CDP, previously known as the Carbon Disclosure Project, has energy information on more than 570 cities worldwide. Cities receiving at least 70 percent of their electricity from renewables include Seattle, Washington; Oslo, Norway; Vancouver, Canada; and Nairobi, Kenya. The CDP said that its 2018 list was more than double the 40 cities who reported being powered by at least 70 percent clean energy in 2015. "Cities are responsible for 70 percent of energy-related CO2 (carbon dioxide) emissions and there is immense potential for them to lead on building a sustainable economy," Kyra Appleby, the CDP's director of cities, said in a statement. "Reassuringly, our data shows much commitment and ambition," Appleby added. "Cities not only want to shift to renewable energy but, most importantly, they can. We urge all cities to disclose to us, work together to meet the goals of the Paris Agreement and prioritize the development of ambitious renewable energy procurement strategies. The time to act is now." The CDP said that 275 cities were now using hydropower, while 189 cities were producing electricity from wind and 184 were using solar photovoltaics. Reykjavik, the CDP said, sourced all of its electricity from hydropower and geothermal, while Burlington, Vermont, gets all its electricity from wind, hydro, solar and biomass. "Through our diverse mix of biomass, hydro, wind and solar, we have seen first-hand that renewable energy boosts our local economy and creates a healthier place to work, live and raise a family," Burlington Mayor Miro Weinberger said. "We encourage other cities around the globe to follow our innovative path as we all work toward a more sustainable energy future." More»
Amwal Al Ghad English - 2018-02-27 06:53:07
The volume of Trade exchange between Egypt and Lebanon registered $674 million in 2017, said Egyptian Minister of Trade and Industry Tarek Qabil on Monday. Lebanon is the ninth biggest foreign investor in Egypt, with total investments of $1.3 billion, Qabil further added. Egypt is looking forward becoming the most important economic partner for Lebanon and a base for the Levantine country’s investments in Africa, the trade minister revealed. The minister stressed the importance of Lebanon’s government role in providing Egypt’s agriculture products with an access to the Lebanese markets. "Our national procedures to enhance the investment environment resulted in creating an ideal atmosphere for bilateral cooperation between both Arab nations," Qabil concluded. More»
Hesham Ibrahim - 2018-02-26 12:38:33
Archer Daniels Midland Company (ADM) and Cargill have reached agreement to launch a joint venture to provide soybean meal and oil for customers in Egypt. The joint venture would own and operate the National Vegetable Oil Company soy crush facility in Borg Al-Arab along with related commercial and functional activities, including a separate Switzerland-based merchandising operation that would supply soybeans to the crush plant.Cargill is currently expanding the plant from 3,000 metric tons to 6,000 metric tons of daily crush capacity. The plant will be able to produce higher protein soybean meal while reducing the need for soybean meal imports into Egypt . The joint venture will be managed as a standalone entity consisting of equal ownership by ADM and Cargill, with a management team reporting to a board of directors appointed by the two parent companies. More»
Amwal Al Ghad English - 2018-02-26 11:38:13
Jaguar will livestream the global premiere of its first electric vehicle (EV), the I-PACE, at 19:00 CET on March 1st. The I-PACE is Jaguar’s newest member of the PACE family and is the EV drivers have been waiting for, delivering sustainable sports car performance, all-wheel-drive agility and five-seat SUV practicality. “Since revealing the I-PACE Concept in 2016, we have been counting down to this moment. The all-electric I-PACE is not only a pioneer within our business, it promises to revolutionise the industry. Never before have I been so excited for a launch – the world is watching with great anticipation and I cannot wait for the world to see everything we have achieved with this car.” Ian Callum, Jaguar Director of Design, said. The I-PACE will be capable of rapid charging from zero to 80 per cent in 45 minutes* and has been rigorously tested across extremes of terrain and temperatures from -40°C to 40°C. With over 1.5 million test miles and a further 11,000 hours of rig simulations completed by more than 200 production prototypes, Jaguar’s design and engineering teams have created a world-class all-electric SUV. I-PACE is expected in selected MENA markets from late 2019 with wider roll out planned in 2020 The official public debut of I-PACE will be at the Geneva Motor Show on March 6th. More»
Amwal Al Ghad English - 2018-02-26 08:31:56
Bilateral Trade between Egypt and the U.S stood at $5.61 billion in 2017, compared to $4.97 billion in 2016, increasing by 13 percent, Trade Minister Tarek Kabil said Sunday. The most prominent Egyptian exports to the U.S include readymade garments, textiles, fertilizers, iron and steel, vegetables and fruits, while imports from the U.S include soya beans and civil aircrafts, Kabil said. This came during the minister’s meeting with a delegation from the American Chamber of Commerce in Egypt (AmCham) as part of the preparations for an upcoming door-knock mission to Washington, which aims to boost Egyptian exports to the U.S. market in light of the trade agreements signed between both states. More»
Hesham Ibrahim - 2018-02-25 12:01:02
Chairman of Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed el Wakil said that 22 regional projects have been implemented with an 80-million-euro grant in the field of innovation. The projects have been implemented in cooperation with the European Union (EU) and the Association of the Mediterranean Chambers of Commerce and Industry (ASCAME). Wakil made the remarks in a ceremony held to mark the inauguration of the second phase of Innovation GATE, an IT competition under the auspices of ministries of trade and industry, education and technical education, and higher education and scientific research. More»
Amwal Al Ghad English - 2018-02-24 12:44:25
Egypt’s economic growth rate registered 5.3 percent during the second quarter of the current fiscal year (FY) 2017/2018, Minister of Planning Hala El-Said said Wednesday during a press conference. The economic growth rate has recorded 5.2 during the first quarter of the current fiscal year (FY) 2017/2018. The growth rate reached 35 percent at a string of sectors such as extractive sector, real-estate, construction and manufacturing. The total investments have posted 95 billion Egyptian pounds recording a growth of 86 percent, the minister added.on the other hand, : Egypt’s Trade Deficit declined 15.7 percent year-on-year in the first half of fiscal year 2017/18, dropping from $21.7 billion to $18.3 billion. More»
Hisham Ibrahim, Sanaa Allam - 2018-02-24 10:13:14
Egypt has succeeded in the  4th Policy Trade Review conducted by the World Trade Organization (WTO) according to  Trade and Industry Minister Tarek Qabil. Qabil presented Egypt’s trade policies and economic reform programme on Tuesday at Egypt’s 4th Policy Trade Review meetings in Geneva. He conserving the global trading system and preventing unfair protective measures in international trade, the ministry said. Egypt is a founding member of the WTO and an active member of the General Agreement on Tariffs and Trade (GATT), an agreement Egypt signed in 1970 to promote international trade by reducing trade barriers. More»
Amwal Al Ghad English - 2018-02-24 07:19:44
The Egyptian minister of petroleum Tarek el-Molla announced that the agreement with the European Union to establish a gas pipeline between Egypt and Cyprus will be finalized by mid-year. Egypt aims to become a regional energy hub, and is seeking further cooperation with the Europe, the minister noted. Egypt has also agreed to transport crude oil and gas from Iraq, through Jordan, the minister noted. More»
Amwal Al Ghad English - 2018-02-24 07:15:47
Egypt’s strategic rice reserves are enough to last until the end of April, Supply Minister Ali Moselhi said in a statement on Thursday. The minister has agreed to double the quantities of rice the government purchases from local suppliers and offer them 6,100 Egyptian pounds ($345) per tonne, the statement said. More»