CAPMAS: Tourism 52% Down in October
The number of the tourists that coming from different countries across the world decreased by 52%in October,…
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industry & trade
FEDCOC Heralds Commodities Exchange Project in 4 Egypt Governorates
The Federation of Egyptian Chambers of Commerce (FEDCOC) has decided on Tuesday to carry out the first phase of the…
Egypt, South Korea Ink $4.8bn Pact to Establish Petrochemical Plant in Ain Sokhna
Egypt and South Korea have agreed today to establish a petrochemical plant worth US$ 4.8 billion in Ain Sokhna.…
Chevron Egypt to Provide NNC with Marine Lubricants for 3 Years
Chevron Egypt has signed this morning a 3-year contract with the National Navigation Company (NNC) to supply the…
CAPMAS: Egypt’s August Trade Deficit Down 22.3%
Egypt’s trade deficit decreased by 22.3% in August compared to the same month last year, from EGP 21.69 billion in…
Egypt Competes for “World’s First Carbon Neutral Town Title
Three Egyptian Ministries signed an agreement paving the way for a number of Touristic Projects and Towns to…
Egypt’s Arafa: Net Profits Fall 13.5% in 9 Months on Exchange Rate
Egypt's largest garment exporter, Arafa Investment and Consulting (Arafa Holding) (AIVC.CA) has reported on Sunday…
Egypt/Saudi Power Grid Tenders to Be Launched in 2014
Tenders for a $1.6 billion power grid that will enable Egypt and Saudi Arabia to share electricity will be launched…
Citadel Capital Sharply Trims Net Loss to EGP82.7 mln in Q3
Citadel Capital reports a more than ten-fold rise in aggregate EBITDA at operational core and non-core platform…
KSA, Egypt to Ink 3 New Contracts of Power Interconnection Project
Under the auspices of the Egyptian Prime Minister Dr. Hazem el-Beblawi, Egyptian Minister of Electricity Ahmed Emam…