amwalalghad :: Industry & Trade

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        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        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        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        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        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 - 2017-12-28 07:01:27
Egypt’s strategic vegetable oil reserves are enough to meet consumption needs for more than three months while sugar reserves are sufficient to meet demand for five, the supply ministry said on Tuesday. Egypt also has enough locally produced rice to feed demand for the next 12 months, Supply Ministry spokesman Mamdouh Ramadan added. Wheat reserves are enough to meet consumption needs until the beginning of the harvest season in the second half of April, Ramadan said earlier this month. More»
Sana Allam - 2017-12-27 11:59:14
Turkey topped the nations importing Egyptian textile, to captured  38.3 percent  of the total exports  recording  $230.27 million, according General Organization For Export & Import Control report. The report noted that Egypt's textile exports have increased by 5 percent during the first 11 months of 2017 recoding $749 million compared $716 million during the same period in 2016. More»
Amwal Al Ghad English - 2017-12-27 10:39:44
Egyptian state buyer General Authority for Supply Commodities (GASC) offered a tender to buy unlimited quantities of wheat from the global suppliers  to be shipped in the period ranging from February 1 to February 10. More»
Amwal Al Ghad English - 2017-12-27 09:34:36
Saudi Arabia is banning imports of Egyptian guavas due to pesticide residues, the Saudi agriculture ministry said Tuesday. The temporary ban came after an examination on a sample of the Egyptian imported Guava was conducted that showed to have been contaminated with high rates of pesticide residues, said the ministry’s Undersecretary for livestock affairs, Hamad Al-Batshan, said in a press statement. In June, the Saudi authorities decided to ban the imports of Egyptian strawberries due to contamination of pesticide residues. Since a currency float in November, which roughly cut the pound’s value in half, Egyptian exports have been welcomed in new markets due to their increased competitiveness. Exports of Egyptian vegetables, fruits and legumes amounted to $2.2 billion last year. The main fruit exports include oranges and strawberries. A series of bans of Egyptian exports however has hurt the image of an import-dependent country seeking to step up exports and curb imports in an effort to narrow its trade deficit. But, Bahrain, Kuwait and the United Arab Emirates had agreed in October to lift a ban on imports of Egyptian agricultural products. Exports could also help bring in desperately needed foreign currency that has been low in supply as a result of the 2011 Arab Spring uprising that drove away tourists and investors. More»
Amwal Al Ghad English - 2017-12-27 07:40:26
The Industrial Development Authority (IDA) announced that it has launched 541,000 square meters of land plots in New Sadat and Fayoum cities to establish industrial projects. With the space of each plot spanning between 2,700 to 9,500 square meters, the industrial lands will be used for pharmaceuticals, engineering, food industries and chemical projects. The IDA was scheduled to launch six million square meters of land plots to investors by the end of 2017.Around four million square meters will be located in the 10th of Ramadan district. Another two million will be launched in the industrial zone of Sadat City, in addition to establishing an industrial complex for investment by November. More»
Amwal Al Ghad English - 2017-12-27 07:01:41
Egypt's Sukari mine, the country's sole gold-exporting mine, has contributed a total of $250 million in revenues to the government since it started production in 2009, Petroleum Minister Tarek El-Molla said at a parliament meeting on Tuesday. Sukari, located in the south-easternmost region of the Eastern Desert, is operated by gold mining company Centamin, which pays a three percent royalty for operations on the mine. The commercial gold mine produced 551,036 ounces of gold in 2016. The government has said that it aims to increase the mining sector's contribution to the GDP to more than 5 percent. Mining currently contributes around 0.5 percent of the GDP, which El-Molla described as "shameful" given the sector’s potential for greater income. El-Molla also said that the government is working to identify the challenges facing the sector, adding that it lacks an "integrated and coherent investment system." El-Molla says his ministry aims to boost investments by overhauling the sector's administrative and legislative system. More»
Amwal Al Ghad English - 2017-12-26 06:48:12
Trade balance between Egypt and China reached $8.633 billion in January-October 2017, down 9.48 percent compared to the same period in 2016, the China Customs Agency said, according to Xinhua Chinese official press agency on Monday. Chinese exports to Egypt reached $7.586 billion during the period from January to October 2017, 17.04 percent decrease from the corresponding period of 2016, whereas Egyptian exports to China stood at $1.047 billion, up 166.34 percent. Exports and Imports between China and Egypt in October reached $830 million, an increase of 12.8 percent from the figures of September. Egypt ranked 53rd on China's trade partners list till late October, the statement added. Egyptian-Chinese business cooperation grew during 2017 on many levels, Chinese Economic and Trade Minister Counselor Han Bing said last week during a conference organised by the Chinese Embassy in Cairo. The two countries have been involved in strong cooperation in the fields of manufacturing, agriculture, infrastructure, finance, trade and investment and they are in negotiations to broaden cooperation in the fields of renewable energy and satellites. Chinese investments increased by $106 million during the first half of 2017, an increase of about 75 percent compared to the same period last year. Financial cooperation between the two countries also flourished. The Yuan started to be used in Egypt, as per an agreement between the two countries’ central banks Egypt and China signed a number of credit agreements at a value of $5 billion between a string of Egyptian banks and the China Development Bank, Export-Import Bank of China and the Asian Development Bank in 2017. Bing pointed out that the total Chinese investments in this Suez Canal Economic Zone exceeded $1 billion, creating 3,000 obs in Egypt. More»
Sana Allam - 2017-12-25 14:06:19
The Egyptian exports of engineering and electronic products have increased by 11 percent in the first 11 months of 2017 recording $2.3 billion compared to $2.1 billion in the same period last year. According Engineering Export Council of Egypt (EEC) monthly report, the engineering products have inched by 2% during November 2017 registering $259 million comparing to $186 million in November 2016. While the electronics appliances exports have posted   $728 million in 11 month, cars components exports have reported $631 million, cables and home appliances exports have recorded  $443 million and $305 million respectively. More»
Tammam Nour Elden - 2017-12-25 14:01:03
The number of tourists visiting Egypt rose by 54.4 percent in the first 11 months of 2017, reaching 7.49 million, the country’s state official statistics agency CAMPAS said Sunday. The number of arrivals in November has risen by 55.8 percent to around 778,800 million from 499,800 in October. CAPMAS added that the number of tourist nights also rose by 178.3 percent in the same eleven-month period on annual basis to reach 81.61 million from 29.32 million last year. Egypt hopes the number of tourists will reach 8 million in the whole of 2017, up from 4.5 million last year, a government official told Reuters in September. Tourist revenues should hit $6 billion in 2017, up from $3.4 billion in 2016, the official said, despite a continued flight ban from Russia, traditionally a major source of tourists, after a Russian plane crashed in the Sinai Peninsula in 2015, killing all 224 people on board. Egypt’s aviation minister will travel to Russia to sign protocol agreements as early as Friday to finally allow the resumption of Russian flights. Russians accounted for a large proportion of tourists to Egypt, especially to the Red Sea resort of Sharm El Sheikh. More»
Enas Shaaban & Sanaa Allam - 2017-12-25 13:29:02
Egypt’s largest steel producer Ezz Steel targets a 176 percent rise in exports, to record $500 million at the end of 2017 from $181 million last year, its marketing director George Matta said Monday. Egypt’s iron exports are expected to reach 300,000 tonnes this year, compared to around 141,000 tonnes in 2016, Matta said. More»