Banks Banque Misr, ADIB to sign $150 bln loan in Q1 nada nasser Jan 15, 2017 0 Egypt’s second largest state-owned lender, Banque Misr is planning to sign a loan worth $150 million with Abu Dhabi…
Tech news Chemical Council: New strategy to raise Egypt’s exports to $32bn by 2020 Noha Gad Jan 14, 2017 0 Egyptian Chemical and Fertilizers Export Council (CEC) coordinates with Trade and Industry Ministry to raise…
Industry & Trade Home textiles sector exports hit $600mn in 2016: Egypt’s Council Noha Gad Jan 14, 2017 0 The total exports of Egypt’s home textiles sector reached around US$600 million in 2106, Undersecretary of state’s…
World Asia stocks trade mixed as China export data disappoints Yomna Yasser Jan 14, 2017 0 Chinese shares slid on Friday as investors digested China's underwhelming exports for December and disappointing…
World Japanese shares in the red as yen strengthens Yomna Yasser Jan 12, 2017 0 Japanese shares fell as dollar/yen slipped to a one-month low, after President-elect Donald Trump held a raucous…
World Europe stocks close lower; VW up by 4.5% Yomna Yasser Jan 10, 2017 0 European stocks closed lower on Monday with banking and oil stocks leading the declines. The pan-European Stoxx 600…
World Asian stocks lower; China producer prices rose sharply in December Yomna Yasser Jan 10, 2017 0 Asian markets were under pressure on Tuesday, as investor sentiment soured after the Dow retreated further from the…
Industry & Trade Strong German industry output, exports point to Q4 rebound Noha Gad Jan 9, 2017 0 German exports jumped more than expected in November, posting their steepest monthly rise in four-and-half years…
Industry & Trade Egypt’s fuel exports record $901mn in nine months Noha Gad Jan 7, 2017 0 Egyptian exports of fuel sagged 22.6 percent during January-September 2016 to 16.2 billion Egyptian pounds (around…
Industry & Trade Green light given for resumption of Irish beef exports to Egypt Noha Gad Jan 5, 2017 0 Exports of Irish beef to Egypt are to resume after a 17-year gap, the Department of Agriculture has confirmed. Five…