Industry & Trade Egypt’s imports from China reach $3.6bn in ten months Noha Gad Jan 15, 2017 0 Egypt's imports from China rose during the first ten months of 2016 by 9.2 percent to 67.9 billion Egyptian pounds…
Banks Foreign debt reaches $60bn- Egypt’s CBE Noha Gad Jan 7, 2017 0 Egypt’s external debt has increased by 7.8 per cent, reaching approximately $60 billion by the end of the first…
Tech news Turner will create shows for Snapchat in expanded collab Ghada Ismail Dec 8, 2016 0 Turner Broadcasting System Inc will create more video content for mobile app Snapchat and collaborate with the…
Egypt News Number of Egyptians worldwide to reach 100 million today Noha Gad Nov 24, 2016 0 Egypt’s population will reach 92 million on Thursday, rising by one million over the last six months and making the…
Industry & Trade Building materials exports to reach $3.2b end-2016: Egypt’s Council Noha Gad Nov 10, 2016 0 The Egyptian Export Council for Building Materials eyes achieving exports of 42 billion Egyptian pounds (around…
Egypt News Number of German flights to Egypt to reach 108 by end-December Noha Gad Nov 2, 2016 0 The number of German air flights to Egypt is set to reach 108 by the end of December 2016, Egypt's Tourism…
Industry & Trade Egyptian non-oil exports to Lebanon jump 54%, reach $479m in 8 months Noha Gad Oct 22, 2016 0 Egyptian non-petroleum exports to the Lebanese market witnessed a considerable increase during the first eight…
Banks Housing Development Bank loans portfolio hits $979mn in June Noha Gad Aug 28, 2016 0 The net volume of loans portfolio at Housing and Development Bank (HDB) recorded 8.7 billion Egyptian pounds…
Industry & Trade Natural gas production in Egypt to reach 6mn cubic feet by 2029 Noha Gad Aug 20, 2016 0 Egypt's oil ministry is currently executing 13 projects to develop natural gas fields with investments estimated at…
Tech news Russia fails to settle dispute with Google in Android case Ghada Ismail Aug 17, 2016 0 Russia's state anti-monopoly watchdog FAS said on Tuesday it and Alphabet Inc's Google had failed to reach an…
Industry & Trade Power plants consume 4bn cubic feet of gas per day- Egypt’s minister Noha Gad Aug 14, 2016 0 The total amount of power plants consumption of natural gas hiked due to the high temperatures, Egyptian Petroleum…
Industry & Trade Inorganic chemicals exports hit $90mn in five months- Egypt’s CEC Noha Gad Jul 31, 2016 0 Egypt's exports of inorganic chemicals declined by 9 percent to 798.9 million Egyptian pounds (U$89.9 million)…
Industry & Trade Executed investments in Egypt hit $10bn in Q3 of FY2015/16- planning ministry Noha Gad Jul 25, 2016 0 The total volume of investments executed in Egyptian market during the third quarter of fiscal year 2015-16 rose by…
World Asian shares near 2016 highs as risk appetite improves Noha Gad Jul 13, 2016 0 Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative…
Real Estate Egyptian Contracting Co. Al-ABD eyes $168mn volume of business in 2017 aya salah Jun 21, 2016 0 Egypt’s leading contracting company, The Egyptian Contracting Co. Al-ABD, is seeking to double its volume of…
Industry & Trade VW to offer to buy back nearly 500,000 U.S. diesel cars – Reuters Noha Gad Apr 21, 2016 0 Volkswagen AG (VOWG_p.DE) and U.S. officials have reached a framework deal under which the automaker would offer to…
World Asian shares near five-and-a-half-month highs on oil rally Noha Gad Apr 21, 2016 0 Asian shares reached a 5-1/2-month high on Thursday as oil prices rallied over 4 percent overnight thanks to a…
Banks IMF, Tunisia reach $2.8bn loan for economic reform Noha Gad Apr 16, 2016 0 The International Monetary Fund said on Friday it has reached a tentative deal to assist Tunisia with a four-year…
International News Wells Fargo reaches $1.2 billion U.S. mortgage settlement Noha Gad Apr 9, 2016 0 Wells Fargo & Co (WFC.N) has formally reached a $1.2 billion settlement to end a U.S. Department of Justice…
Industry & Trade Egyptian Sigma Paints owner PPG group obtains sales of $150mn Noha Gad Mar 27, 2016 0 PPG Protective and Marine Coatings-Egypt total sales reached around US$150 million, Marketing and Decorative…
Industry & Trade Energy projects in Egypt reach $16mn Noha Gad Mar 23, 2016 0 Energy investments in Egypt reached around 150 billion Egyptian pounds (US$16.8 billion), Chairman of energy…
Industry & Trade VW confident may reach deal with U.S. on technical fix: CEO Noha Gad Mar 1, 2016 0 Volkswagen AG (VOWG_p.DE) is confident it may reach an agreement with U.S. regulators on a technical fix for diesel…
Industry & Trade Dutch investments in Egypt reach $3bn: Netherlands ambassador Noha Gad Feb 9, 2016 0 The Dutch investments in Egypt are estimated at US$3 billion, the Ambassador of Netherlands in Cairo Gerard Steeghs…
Industry & Trade British investments in Egypt hit $5.5bn late 2015 Noha Gad Feb 8, 2016 0 UK's investments in the Egyptian markets have reached around US$5.5 billion during 2015 in 1,358 projects to be the…
Industry & Trade Egypt’s furniture exports hit $332mn in 2015 Noha Gad Feb 7, 2016 0 The exports of furniture sector have reached around 2.6 billion Egyptian pounds (US$332 million) in 2015 versus 2.5…
Industry & Trade China-Egypt trade exchange reaches $9.6bn Noha Gad Jan 6, 2016 0 The trade exchange between Egypt and China amounted to $9.6 billion during the period from January to September…
Banks NBE reaches $32mn-debt settlement with gas firm Noha Gad Jan 2, 2016 0 Egypt's National Bank of Egypt (NBE) has reached a debt settlement agreement with a gas company worth 250 million…
Entertainment ‘Star Wars’ poised to set mark for fastest film to $1 billion Noha Gad Dec 27, 2015 0 “Star Wars: The Force Awakens” was poised to pass $1 billion in worldwide ticket sales this weekend and become the…
Industry & Trade Dow, DuPont reach $130bn megamerger deal Noha Gad Dec 12, 2015 0 Chemical titans DuPont and Dow Chemical Co have agreed to combine in an all-stock merger valued at $130 billion in…
Photo and Story A Breath of life! Noha Gad Nov 11, 2015 0 A migrant arrived in the Greek island of Lesbos on a raft trying to reach for a Spanish volunteer lifeguard, acting…
Banks Egypt’s Agricultural Credit Bank reaches $35mn-settelments in 3 months Noha Gad Nov 7, 2015 0 Egyptian Principal Bank for Development and Agricultural Credit (PBDAC) has reached settlements with 112,000…
Industry & Trade Fiat Chrysler, U.S. union UAW reach tentative agreement Noha Gad Oct 8, 2015 0 Fiat Chrysler Automobiles NV (FCAU.N)(FCHA.MI) and the United Auto Workers said on Thursday they had reached a new…
International News North, South Korea reach agreement to ease tensions Noha Gad Aug 25, 2015 0 North and South Korea agreed early on Tuesday to end a military standoff that sparked an exchange of artillery fire…
Banks Egyptian Arab Land Bank sees $102mn Settlements with Bankrupts Noha Gad Aug 8, 2015 0 The Egyptian Arab Land Bank (EALB) eyes reaching settlements with insolvent clients worth EGP800 million (US$102.2…
International News South Korea MERS Cases Reach 122 as Economic Pressures Rise Noha Gad Jun 11, 2015 0 Cases of Middle East respiratory syndrome coronavirus increased by 14 to 122 in South Korea, where more than 2,000…
International News Greek PM says Accord Possible if Pensions are not Cut Noha Gad Jun 9, 2015 0 Greece could reach a deal with its international creditors if they dropped demands including cuts to pensions,…
Sports Serena Williams survives Azarenka Scare in Madrid Open Administrator May 7, 2015 0 World number one Serena Williams saved three match points to reach the quarter-finals of the Madrid Open. The…
Banks Dollar to reach LE8 by the end of June: Emirates NDB Amwal Al Ghad English Jan 26, 2015 0 The Egyptian pound is expected to further weaken against the US dollar, to reach LE8 by the end of June, if not at…
World Asia Stocks Reach Three-Year High Amwal Al Ghad English Jun 10, 2014 0 Asia stocks rose to three-year highs on Tuesday on optimism over global growth prospects and a record run on Wall…
Egypt News Al-Azhar Urges Brotherhood To Reach Peaceful Solutions With Govt Amwal Al Ghad English Aug 19, 2013 0 Egypt’s Al-Azhar Grand Imam Ahmed El-Tayyeb urged the Muslim Brotherhood to accept “peaceful solution” talks as a…