Saipem secures $900 million deal for Egypt’s Zohr field
Saipem has finalised offshore contract variations worth $900 million to carry out engineering, procurement,…
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industry and trade
Aramex profit drops on Egypt wobble and currency moves
Dubai-listed courier company Aramex, said second-quarter profit dropped 23 percent to 97 million dirhams ($26.4…
Egypt wins 3 board seats in International Council for Small Business
Egypt has won three board seats in the International Council for Small Business (ICSB) in last week’s elections…
India’s Classic Fashion studies new garment project in Egypt
Indian-owned Classic Fashion Apparel Industry Ltd is studying launching a new project for garment production in…
Egypt’s EFIC reports 268% increase in H1 profits
Egyptian Financial and Industrial Company (EFIC) reported Sunday a 268 percent growth in profits to reach 60.5…
Egyptian currency float boosts foreign investment: chairman
Foreign investors have bought a net 11 billion Egyptian pounds ($615.90 million) worth of shares since the country…
State-run Alexandria Portland Cement turns into losses in H1-2017
Egypt's state-run Alexandria Portland Cement Company turned into losses, recording 192.61 million Egyptian pounds…
Egypt slash Qatar’s imports in June: data
Sanctions imposed by three other Gulf states and Egypt slashed Qatar’s imports by more than a third in June,…
Sharm El-Sheikh to host Africa investment forum in December
COMESA Regional Investment Agency and Egyptian Ministry of Investment and International Cooperation are organising…
Romania’s state-run Transgaz eyes new power plant in Egypt: minister
Egypt's Minister of Investment Sahar Nasr said Saturday that that she has discussed the establishment of a new…