Soap Boycott Adds to Trade Slump as Egypt Punishes Turkey
Laila Said loved Turkish soap operas so much she named her baby boy Mohannad after the main character in her…
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industry & trade
Arabia Investments in Talks to Acquire Food Trading Firm
El Arabia for Investment & Development - (AIND.CA) announced that the company is currently conducting talks to…
CAPMAS: Egypt’s June Trade Deficit Down 11.2%
Egypt's trade balance deficit retreated to EGP 19.98 billion ($ 2.90 billion) in June 2013, a 11.2 percent decrease…
Oriental Weavers Cancels Carpet Production Project in Turkey
Egypt’s leading carpet manufacturer Oriental Weavers Group (OW) (ORWE.CA) said its project to produce carpet in…
Italy’s Eni Says Egypt Pledges Repayment of $800 mln in Arrears
Eni has received a pledge from Egypt that it will repay arrears owed the oil and gas major to the tune of $800…
Egypt, Qatar Gas Talks Put on Hold
Egypt and Qatar are not currently negotiating further natural gas deliveries as supplies of fuels from other Gulf…
BP Discovery to Boost Egypt’s Natural Gas Reserves
Egypt’s natural gas reserves are expected to increase by roughly 1.2 trillion cubic feet (TCF) after the latest gas…
L’Oréal to Open $150 mln New Plant In Egypt Next Oct
French cosmetics giant L'Oreal SA (OREP.PA) will be opening its new cosmetic factory in Egypt by the beginning of…
Cairo Court to Hear Ezz Dekheila Sale Case Today
The state commissioners at the investment circuit of the Egyptian Administrative Court will convene a hearing today…
Egyptian Exports to EU Hike to US$4.7 bln by July-End
Egypt’s exports to the European Union markets have attained around US$ 4.7 billion during the period from January…