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Forty-Six ships transit Suez Canal Cairo - Forty-six ships transited the Suez Canal on Thursday, with a total cargo of 2.5 million tons. The south-bound convoy included 27 vessels carrying around 1.3 million tons, while the ... Friday 04-08-2017 12:00 AM Egyptian Exchange ends on a collective rise, gains LE 883M liquidity Cairo - The Egyptian Exchange (EGX) saw positive performance at Thursday end. Total turnover reached LE 883 million ($49 million), backed by the foreign and local sales. The benchmark index ... Thursday 03-08-2017 08:43 PM Trade balance deficit drops 46% in H1 of 2017 Cairo - Egypt’s trade balance deficit declined 46 percent to reach $11.13 billion in the first half of 2017, down from $24 billion in the year-ago period, foreign trade statistics said Thursday. ... Thursday 03-08-2017 12:08 PM Egypt reserves reached $36 billion, highest in 7 years Cairo - Egypt’s foreign reserves reached 36.036 billion dollars in July, a record high, which the prime minister described as “good news” as it shows that the economy is recovering, the central ... Wednesday 02-08-2017 02:37 PM Egypt's Minister, Suez Canal's head ink LE 5.5B deal to set up projects Cairo - Minister of Investment and the Head of Suez Canal Economic Zone (SCZone) signed an agreement to build a factory for Egyptian Steel at a total investment of LE 5.5 billion ($307 million), a ... Wednesday 02-08-2017 12:09 AM Nasr: UAE's Emaar plans to pump new investments in Egypt Cairo - Investment and International Cooperation Minister Sahar Nasr had a meeting, on Monday, with Mohammed Alabbar, the founder and Chairman of Emaar Properties PJSC, to discuss pumping new UAE ... Monday 31-07-2017 10:45 PM Egypt to lower customs exchange rate to 16.25 EGP/USD Monday 31-07-2017 08:46 AM 50 vessels transit Suez Canal Cairo - Fifty ships transited the Suez Canal on Thursday, with a total cargo of 2.7 million tons. The south-bound convoy included 22 vessels carrying around one million tons, while the ... Friday 28-07-2017 01:56 PM Joint Egyptian-Jordanian energy firms to be formed Cairo - A series of joint Egyptian-Jordanian energy companies will be established based on recommendations from the Egyptian-Jordanian Business Council. The companies, under study, will be ... Friday 28-07-2017 02:32 AM $660m new investments for 500MW of solar in Egypt Cairo - Member of the World Bank Group, The International Finance Corporation, has approved $660m investments for 500MW of solar projects to be located on Benban solar complex in Egypt. The ... Thursday 27-07-2017 04:18 PM Suez Canal's head holds meeting with African Export–Import Bank Chairman Cairo - Head of Suez Canal Economic Zone (SCZone) Mohab Mamish held a meeting yesterday with African Export–Import Bank (Afreximbank) President Benedict Oramah. Mamish and Oramah discussed ... Thursday 27-07-2017 08:48 AM $30 bln infrastructure investments for Suez Canal Economic Zone in 5 years Cairo - Egyptian Ministry of Investment targets attracting $30 billion foreign and local investments in infrastructure and public utilities in the next five years in cooperation with the Suez Canal ... Wednesday 26-07-2017 02:08 AM Egypt's trade balance deficit with Brazil down by 65% in Q1 Cairo - The deficit in the balance of trade between Egypt and Brazil decreased by 65 percent in the first quarter of 2017 to reach 220 million dollars, compared to 632 million dollars during the ... Tuesday 25-07-2017 11:07 PM Egyptian-Saudi Business Council to increase investments in Egypt to $51 Bln Cairo - The Egyptian-Saudi Business Council intends to raise the Saudi investment cap in Egypt to $51 billion from both public and private sectors, Minister of Investment Sahar Nasr said Friday. ... Friday 21-07-2017 07:07 PM India's Ambassador: Egypt's recent economic relations can attract more investors Cairo - Egypts new investment law and regulations are positive and can attract more Indian investments in the country, especially in the pharmaceutical sector, Indias Ambassador to Egypt has said. ... Friday 21-07-2017 03:15 PM