Egypt Tourist Numbers Jump 70% in Q3 Despite Sinai Insurgency
A total of 2.77 million tourists visited Egypt in the third quarter of 2013, official figures show, and a jump of…
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industry and trade
175 Global Firms Willing to Invest in Egypt’s Renewable Energy Sector: Minister
Egyptian Investment Minister Ashraf Salman revealed that the government received requests from 175 global and local…
Egypt’s Badr Investors to Launch Holding Firm with EGP200mn Capital by Wednesday
Egypt's Badr Industrial City Investors started to launch a holding firm for developing the city by the next of…
Opportunities, Challenges for Investment in Egypt’s Renewable Energy Sector
A lively debate on Egypt’s renewable energy sector set the stage for this year’s ‘Invest in Egypt’ conference,…
EGPC: Egypt to Import First Natural Gas Shipments by March
It will import the first natural gas shipments from abroad by the next March, stressing that there are 6 major…
Kellogg Co Offers to buy Egypt’s Bisco Misr for $127.06 mln
Kellogg Co, the world's biggest breakfast cereal maker, has offered to buy Egyptian cake and biscuit maker Bisco…
EGP14bn worth of Taxes Revenues Collected from Egyptian Trade Chambers – EFCC
The total tax revenues collected from the trade chambers reached EGP 14 billion, said the general secretary of the…
Egypt’s El Sewedy Electric to Borrow US$500mn for Power Plant
El Sewedy Electric (SWDY) is negotiating with a number of banks working in Egypt to borrow $500 million, said…
Saudi Arabia’s Investments in Egypt are worth US$27bn: FECC
Chairman of the Federation of Egyptian Chambers of Commerce, Ahmed El-Wakil asserted that Saudi Arabia ranked first…
Australia Raises A$5.7 Billion Selling Medibank in IPO
Australia raised A$5.68 billion ($4.9 billion) selling shares of Medibank Private Ltd. in the country’s…