Egypt total FDI rise to $6.4 billion in FY2014-15: minister
Total Foreign Direct Investment (FDI) in Egypt grew 56 percent in financial year 2014-15 to reach $6.4 billion…
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industry & trade
Ferrari recalls 185 California T vehicles due to fuel leak risk
Ferrari North America Inc., a division of Ferrari NV (RACE.N), is recalling some 2016 California T vehicles due…
EU’s €20 million scheme to boost Egypt trade will start next Feb
Egypt is to commence implementation of the European Union-funded €20 million Trade and Domestic Market Enhancement…
Egyptian giant dairy producer Juhayna sees $562mn sales in 2015
Juhayna (JUFO.CA), one of Egypt's largest dairy products and juices producer, is expecting total sales worth 4.4…
EU investments in Egypt totalling $38.2 billion: minister
The total investments of the European Union in Egypt amount to approximately US$38.2 billion distributed over 6,000…
U.S. Blumberg planning $250 million investments in Egypt
US-based Blumberg Capital Partners is planning to pump investments up to US$250 million into Egyptian market in the…
Saudi businessman in talks over $4 billion tourism projects in Egypt – paper
A Saudi businessman is in talks with Egyptian authorities over a $4 billion tourism resort in Egypt's Red Sea…
Egypt plans adjusting trade treaties with US and Israel
Egypt aims to adjust both the Trade and Investment Framework Agreement (TIFA) the Qualifying Industrial Zones (QIZ)…
Saudi Arabia-Egypt trade balance records $716mn surplus in 2015
The trade balance between Saudi Arabia and Egypt has witnessed surplus worth US$716 million in favour of the Saudi…
Egypt’s investments in Sudan hit $3 billion: Sudanese minister
Egypt’s current investments in Sudan are estimated at US$ 3 billion represented in various vital sectors, said…
