Egypt renegotiates price for 100k tonne sugar purchase – traders
State-owned sugar buyer Egyptian Sugar and Integrated Industries Company (ESIIC) has renegotiated the price of its…
Browsing Tag
purchase
Egypt’s GASC to pay on-sight for wheat in international tenders
Egypt’s General Authority for Supply Commodities (GASC) will pay for wheat bought in upcoming international…
Egypt’s GASC buys 350,000 tonnes of wheat
Egypt’s state grain buyer, the General Authority for Supply Commodities (GASC), has bought 350,000 tonnes of wheat…
Egypt signs South Korea deal to buy 32 air-conditioned subway trains
Egypt has signed a multi-million euro deal with South Korea to buy 32 air-conditioned subway trains for the Cairo…
Egypt’s GASC amends wheat purchase terms to ease costs for suppliers
Egypt's state grain-buyer GASC has amended some of its wheat purchasing tender terms to reduce costs for suppliers…
US dollar maintains stable rates against Egyptian Pound
U.S. dollar maintained stable rates against the Egyptian pound on Monday. The dollar settled at 17.65…
US dollar maintains prices against Egyptian pound
U.S. dollar exchange rate against the Egyptian pound maintained prices during Sunday’s dealings in the banking…
Egypt’s IHome Real Estate to build residential project in Georgia in 2018
Egypt’s property developer IHome Real Estate Company plans to carry out a residential flagship in Georgia, its head…
African Lekela signs an agreement to build 250MW wind farm in Egypt
Lekela, a pan-African renewable energy generation platform, has signed a power purchase agreement (PPA) with the…
El Shams Housing’s board initially approves 50 faddans purchase in Egypt new capital
Egyptian state-run El Shams for Housing and Development Company revealed Sunday that its board member has agreed in…
El Shams Housing in talks to purchase 50 feddans in Egypt’s new capital
Egyptian state-owned El Shams for Housing and Development Company’s board member has hold Wednesday a meeting to…
Dollar exchange rate sees slight hike in Egyptian banks
U.S. dollar prices against the Egyptian pound increased in several Egyptian banks on Sunday. According to the…
EgyptAir signs $6 bln agreements to purchase 45 new planes in 2 years
EgyptAir has signed deals worth $6 billion to purchase 45 new airplanes from a number of international aircraft…
HP completes purchase of Samsung’s printer business for $1.05 billion
HP Inc., maker of printers and personal computers, on Wednesday said it completed its purchase of Samsung…
Global largest payments network operator Visa posts 11% up in Q4 profit
Visa Inc, the world’s largest payments network operator, reported Wednesday an 11 percent increase in its…
EgyptAir to add 33 new passenger jets to fleet: official
EgyptAir is to boost its fleet with the purchase of 33 new passenger jets, the airline's chairman Safwat Mosalam…
GASC draws seven offers in wheat purchase tender
Egypt's state buyer GASC received sales offers from seven suppliers in an international tender to purchase wheat on…
AT&T aims to break from streaming crowd with Time Warner
AT&T is betting its purchase of Time Warner Inc will give the company an edge in winning subscribers for its…
Ex-Microsoft CEO Steve Ballmer wont buy Twitter
Steve Ballmer told CNBC Friday he never sought to buy Twitter — responding to speculation that he and fellow…
Electricity Transformation inks power purchase deal with 8 Egyptian firms
Egyptian Electricity Transmission Company (EETC) is set to sign power purchase agreement with eight solar power…
Egypt’s GASC purchases 50,000 tonnes of Brazilian raw sugar
Egyptian General Authority For Supply Commodities (GASC) purchased 50,000 tonnes of Brazilian raw sugar with total…
Centrica signs new five-year LNG deal with Qatargas
Utility company Centrica PLC said Monday it has entered into a new five-year supply agreement with Qatargas for the…
United Bank to partake in Telecom Egypt’s 4G loan
The United Bank-Egypt intends to participate in the loan being arranged for Telecom Egypt (TE) to finance the…
Brexit uncertainty created pause in UK mortgage sector in July
The UK’s mortgage sector was hit in July as a result of the European Union referendum with both the number and…
Uber won’t pay more than $2 billion for Lyft
As Lyft Inc. was gauging interest from prospective acquirers, executives from Uber Technologies Inc. told investors…
GE’s $250 million Doosan deal will boost revenue
General Electric Co's (GE.N) recent purchase of part of Doosan Engineering & Construction Co Ltd (011160.KS) of…
Kuwait’s KPM to develop $39.5 mln tourist project in Egypt’s Sharm El-Sheikh
Kuwait Projects Management (KPM) has successfully concluded talks to purchase a tourist residential project in…
Wal-Mart to make $3 billion Jet.com deal Monday
Wal-Mart Stores Inc. will reportedly announce Monday its $3 billion purchase of online retailer Jet.com. As part of…
Egypt’s bill of purchasing wheat records $115mn in 8 months
Egyptian grain buyer General Authority For Supply Commodities (GASC) has purchased 660,000 tonnes of wheat since…
Malaysia Airlines orders Boeing 737 MAX jets in $5.5 billion deal
Malaysia Airlines said on Wednesday it had ordered 50 Boeing (BA.N) 737 MAX jets, with firm orders for 25 and…
Egypt purchases 300K tonnes of Russian, Romanian wheat, reserve enough to end-2016
Egyptian ministry of trade and industry purchased 300,000 tonnes of Russian and Romanian wheat in the second global…
Supply ministry purchases 20,000 tonnes of rice to face Egypt’s deficit
Egyptian Ministry of Supply signed contracts of purchasing 20,000 tonnes of local rice recently to be injected into…
Cityscape Egypt: E-marketing stimulates the real estate industry
Real estate market use of e-marketing tools is rapidly growing worldwide leading to wide expansion of the sale and…
Faisal Islamic Bank receives five low-income housing mortgage requests
Faisal Islamic Bank of Egypt has received the first five applications Thursday related to the central bank's…
SoftBank to purchase up to $4.4 billion of own shares
Japanese telecoms conglomerate SoftBank Group (9984.T) said on Monday it will purchase up to 500 billion yen ($4.4…
India, Egypt Interested in Purchasing Russia-Made Underwater Equipment
India and Egypt have expressed interest in the purchase of underwater equipment and diving systems made…
Egypt’s FIHC tenders to buy Soybean Oil and Sunflower Oil
Egypt's state-backed Food Industries Holding Company (FIHC) has issued an international tender to purchase up to…
National Bank of Egypt plans $41-million Loans for SinoTharwa and PMS
Egypt’s biggest state-run bank, the National Bank of Egypt will pump two loans worth US$41 million into SinoTharwa…
Egypt To Purchase 3.7 M Tonnes Of Wheat
Egypt will start buying up to 3.7 million tonnes of local wheat in a procurement season starting on Tuesday and has…
US Consumer Spending Rises as Incomes Increase
Consumer spending in the U.S. climbed in March after the biggest gain since August 2009, and incomes picked up,…