Swiss food and drink maker Nestlé targets injecting new investments worth one billion Egyptian pounds in Egypt …
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Industry & Trade
Rockal plans raising investments in Egypt to 450m pounds by 2020
by Noha Gadby Noha GadEgypt-based Al Alamia for Rockwool (ROCKAL) targets raising its investments in the Egyptian market to 450 million …
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Industry & Trade
Strategic wheat reserves enough to last until early April: Egypt’s Supply
by Noha Gadby Noha GadEgypt’s strategic wheat reserves are sufficient to last until the beginning of April, the country’s Supply Minister …
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Industry & Trade
Egypt delays third LNG terminal until electricity needs determined
by Noha Gadby Noha GadEgypt will delay plans to rent a third liquefied natural gas import (LNG) terminal for one month, …
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Industry & Trade
Aramco halts oil products shipment to Egypt “until further notice”
by Noha Gadby Noha GadSaudi Aramco informed Egypt that it will be halting shipments of petroleum products to Egypt “until further …
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Egypt News
IMF, Egypt to delay unifying exchange rate until receiving first tranche of loan
by Noha Gadby Noha GadEgypt and the International Monetary Fund (IMF) delegation agreed that the Central Bank of Egypt (CBE) would …
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Egypt News
Sharm El Sheikh, Hurghada occupancy levels to drop until September 2016- report
by Noha Gadby Noha GadU.S.-based Colliers International expected that occupancy levels in Egypt’s Sharm El Sheikh and Hurghada to drop by …
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The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase …
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Egypt News
Egyptian flights to Russia suspended ‘until further notice’ – minister
by aya salahby aya salahSince Russia has not set a time frame to resume EgyptAir flights to Moscow, Egypt has decided …