Egypt meeting with commodities firms on hub project
CAIRO, Nov 11 (Reuters) - Egypt's supplies minister has begun holding meetings with<br> international commodities trading companies with whom he wants the government to partner in an ambitious plan to transform the country into a global trading hub.
Tuesday, November 11, 2014
Egypt: Abdel-Nour, U.S. Secretary of Agriculture Tackle Importance of Offering More Egyptian Products to U.S. Markets
Minister of Trade and Industry Mounir Fakhri Abdel-Nour said Egypt will soon carry out a number of huge projects including the Suez Canal Axis, the Golden Triangle and other projects.
Friday, February 14, 2014
Banking and Financial Sector
Traders Cheer as Egypt Finance Chief Loses Stocks Tax Battle
The trading floor of Egypt’s bourse erupted into cheers when the government suspended plans to charge a capital-gains tax.
Tuesday, May 19, 2015
Egypt Stocks Jump Most Since July 2013 After Gains Tax Delayed
The benchmark EGX 30 Index climbed 6.5 percent, the most since July 2013, to 8,798.17 at the close in Cairo. It's the world's best performer among 93 gauges tracked by Bloomberg. Commercial International Bank Egypt SAE, the country's biggest listed lender, advanced the most since December 2013.
Monday, May 18, 2015
On the comeback trail: Egypt's banks start to blossom
The global financial crisis and Arab Spring uprisings all but decimated Egypt's economy. However, its banks survived this period with admirable resilience
A look at the environmental projects being carried out by Egypt's Suez Cement
Suez Cement Group of Companies, a subsidiary of the Italcementi Group - the world's fifth biggest cement producer, is one of the largest and oldest cement producers in Egypt. Its industrial network comprises five production facilities
Wednesday, October 29, 2014
Operating in Egypt
The Egyptian cement market is considered to be one of the largest in the world, with 21 cement producers that own and operate 24 plants and 43 kilns. Providing work for over 50 000 people and indirectly supporting an additional 200 000, the cement industry is one of Egypt's most important economic drivers.
Tuesday, April 29, 2014
Egypt's Economic Potential
Desert Ski Slopes Lay Path for Egypt's Consumer-Led Revival
Weaving through the packed parking lot toward the Mall of Egypt, a new $700 million retail palace complete with a Dubai-style indoor ski slope, it's easy to think that the country's economy is well and truly on the mend after years of crisis.
Monday, March 27, 2017
Visiting Egypt, the Cradle of Civilization, Can Change Your Life
Tourists are returning after the 2011 protests to visit awe-inspiring historic sites like the pyramids and the tombs of great pharaohs.
Sunday, October 16, 2016
Government brings stability to Egypt, says CEO of the Abu Dhabi Islamic Bank Egypt
Investment security, economic stability and government stability are the three top FDI concerns for Egypt but, Nevine Loftfly, managing director and CEO of the Abu Dhabi Islamic Bank Egypt, says investors need not worry about government instability
Recent studies indicate that more women in company leadership can increase company performance and that boards with high female representation experience a 53% higher return on equity than those with the least female representation
Saturday, March 22, 2014
Apache With Shell Eye Egypt for Unconventional Gas in June
Apache Corp. and Royal Dutch Shell Plc plan to start producing unconventional gas from their joint venture in Egypt's Western Desert by the end of June even as Apache is cutting investment in the nation because of falling oil prices.
Sunday, March 13, 2016
BP remains ambitious on gas in Egypt, despite weak oil prices
CAIRO (Reuters) - Britain's BP Plc (BP.L) aims to double natural gas production in Egypt in the next four years despite weak oil prices as Egypt's burgeoning energy market offers hope for its battered economy.
Tuesday, January 19, 2016
Egypt's Dollar Crunch Siphoning Steam From Renewable Energy Plan
Cairo Solar has lined up a $51 million loan from the International Finance Corp. for a planned 50-megawatt solar farm. Chairman Hisham Tawfik says he�s worried about paying it back because the government has guaranteed payment for the electricity it will produce -in Egyptian pounds.
Providing Free Health Care to Egypt's Poor: The Magdi Yacoub Heart Foundation
In 2008, after decades of international recognition, world-renowned Egyptian-British heart surgeon Sir Magdi Yacoub decided to redirect his efforts to his country of birth. Coronary heart disease is the leading cause of death in Egypt, responsible for one-fifth of deaths each year.
Monday, June 02, 2014
Technology: A Middle East Bright Spot
The tech competition could easily have taken place in Silicon Valley. The winning team designed a 3D printer with the basic tools and materials available. The runners-up developed a smartphone application to help users find the nearest pharmacy and a game that teaches kids about electronic circuits.
Thursday, May 22, 2014
Egypt's Carbon Holdings to Start Building Petchem Plant in 2015
Egypt's Carbon Holdings plans to begin the construction of a $7 billion petrochemical complex in the second half of 2015, Chairman and Chief Executive Officer Basil El-Baz said.
Wednesday, October 22, 2014
Investment Opportunities? Consider Egypt's Qualified Industrial Zones
In 2005, Egypt, Israel, and the United States developed Qualified Industrial Zones (QIZs) in Egypt in which products using Israeli components would be produced and shipped to the U.S. market duty-free and quota-free. Today, these QIZs are an important part of the future for Egypt, but they also provide significant opportunities for those in the apparel industry looking to grow in the region.
Wednesday, May 27, 2015
Fine Egyptian Fabrics Made for the Gods
In January, I picked up my camera, put on my go-to black dress (which was probably made in China, although it bears a recognizable designer name) and ran to a luncheon, which promised to be monumental in the long history of conflict between Israeli and Arab record.
Monday, March 03, 2014
Egyptian ready made garment industry road show help win orders from international brand
The Egyptian garment sector has an important role and accounts a big part in its economy. At an event in Manhattan, New York
It would be wonderful if I could embrace what I had been taught about my beloved Egypt. The Bible taught us that Egypt was the land to which the Israelites would find refuge during the famine and the home to the most notable Biblical figures; from Jesus to Moses.
Tuesday, July 18, 2017
For the First Time, All 5,000 Objects Found Inside King Tut's Tomb Will Be Displayed Together
Take a sneak peek at the collection of the new Grand Egyptian Museum, opening in early 2018
Wednesday, December 21, 2016
Too Many People Have Stolen Egypt,s History; Here's How It's Getting It Back
Two of the stolen Egyptian antiquities recovered by U.S. authorities: a set of three nesting Egyptian wooden coffins, circa 664-111 B.C., and an ancient Egyptian wood gessoed and polychrome-painted anthropoid sarcophagus, Third Intermediate Period, 21st-22nd Dynasty, circa 1070-712 B.C.