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Egyptian Exports to African Countries to Rise By 10 Percent by End of 2023 to $5.5B
EG >> 11/15/2023 - Egypt’s exports to Africa are expected to increase by 10 percent by the end of the year to an estimated value of $5.5 billion, Sherif El-Gabaly, the Chairman of the Egyptian Chamber of Chemical Indust...
Egypt Aims to Boost Petrochemical, Fertilizer Exports to Africa By 10% in 2024
EG >> 11/13/2023 - Egypt plans to increase its exports of petrochemicals and fertilizers to African nations by 10 percent in 2024, Khaled Abul-Makarem, head of the Export Council for Chemical Industries and Fertilizers,...
Egypt, Venezuela Probe Promoting Co-Operation in Oil, Petrochemical Sectors
EG >> 11/7/2023 - Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla, discussed with Venezuela Foreign Minister Yvan Gil Pinto, and his accompanying delegation, prospective cooperation between the two ...
Bid for Closer Manufacturing Co-Operation With Tatarstan
EG >> 8/22/2023 - Minister of State for Military Production Mohamed Salah Eddin met with Oleg Korobchenko, Deputy Prime Minister and Minister of Industry and Trade of the Republic of Tatarstan.

Korobchenko i...
PM Urges Securing Citizens' Needs of Meat & Staples Ahead of Eid Ul-Adha
EG >> 6/24/2023 - A delegation from the Suez Canal Economic Zone (SCZone), led by Chairman Walid Gamal Eddin, discussed during a meeting in Mumbai, India, with representatives of major Indian industrial companies actio...
SCZONE, India’s Flex Sign Contract on Projects Expansion in Sokhna Region
EG >> 6/20/2023 - The General Authority for the Suez Canal Economic Zone (SCZONE) announced signing a contract for expansion in the projects of the Indian company Flex in the industrial zone of Sokhna.

Eng. ...
Promoting Sczone Potential in India
EG >> 6/18/2023 - Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal Eddin left Cairo leading a delegation for the Indian capital New Delhi to promote investment opportunities in el-Sokhna area and look into...
9th Session of Abu Dhabi-Japan Economic Council Starts Tomorrow in Tokyo
AE >> 3/11/2023 - The ninth session of the Abu Dhabi-Japan Economic Council (ADJEC) will kick off tomorrow in Tokyo and will continue for two days to discuss ways to enhance prospects for economic, trade and investment...
Ministry of Industry And Advanced Technology Highlights Achievements of 2022
AE >> 2/8/2023 - The Ministry of Industry and Advanced Technology (MoIAT) issued its annual achievements report today, outlining its key outcomes and milestones in 2022.

The report has highlighted the minis...
Mulla, Denmark's Haldor Topsoe Delegation Probe Joint Cooperation
EG >> 8/17/2022 - Minister of Petroleum and Mineral Resources Tareq el-Mulla discussed with President and CEO of Denmark's Haldor Topsoe Roeland Baan and his accompany delegation cooperation in energy transition projec...
ADX's Market Capitalisation Grew by 25%
AE >> 6/7/2022 - The Abu Dhabi Securities Exchange (ADX)’s market capitalisation opened above AED2 trillion (US$545 billion) 6th June for the first time in its history, marking a landmark milestone that has made the r...
ADX's Market Capitalisation Grew By 25%
AE >> 6/7/2022 - The Abu Dhabi Securities Exchange (ADX)’s market capitalisation opened above AED2 trillion (US$545 billion) on Monday 6th June for the first time in its history, marking a landmark milestone that has ...
More Trade With Canada
EG >> 6/1/2022 - An Egyptian delegation is preparing to embark on a mission to Canada with the aim of strengthening ties between the two countries.

Moataz Raslan, chair of the Canada Egypt Business Council...
UAE-Egypt-Jordan Industrial Partnership To Usher In New Era
AE >> 5/30/2022 -  Ministers and officials affirmed the Industrial Partnership for Sustainable Economic Growth, signed by the UAE, Egypt and Jordan, will usher in a new era for competitive industries by engaging in add...
UAE’s Economy Advances to Achieve Sustainable Growth
AE >> 5/17/2022 - The UAE has entered a new era of development and economic diversification, under the theme, "Growth Sustainability," based on the empowerment phase. The country has created a developed infrastructure ...
Banque Du Caire Records Net Profit of Nearly EGP 4 Billion, Growth Rate of 59%
EG >> 2/18/2020 - Banque du Caire’s business results show significant growth in all business sectors in Egypt by the end of the fiscal year 2019 in excess of the targeted rates.

The bank’s profits before taxes...
29 Int’l Deals Inked in EGYPS 2020
EG >> 2/14/2020 - A total of 29 international agreements and memorandums of understanding (MoUs) were signed during the Egypt Petroleum Show (EGYPS 2020), which concluded.

The Ministry of Petroleum and Miner...
Sisi: Egypt Keen to Benefit from US Expertise in Several Fields
Sisi: Egypt Keen to Benefit from US Expertise in Several Fields EG >> 2/12/2020 - President Abdel Fattah El Sisi hailed the activities of the international Bechtel Corporation in Egypt and the ongoing cooperation between both sides, stressing Egypt's keenness to benefit from the US...
Egypt's New Sovereign Fund Cherry-Picks Assets to Lure Investors
EG >> 12/11/2019 - Egypt’s newly formed sovereign wealth fund plans to take control of some of the government’s most promising assets in industries such as power and real estate, to bring in private investors to develop...
Adnoc’s in-Country Value Program to Drive over Aed26 Bn into Uae Economy in 2019
AE >> 11/13/2019 - The Abu Dhabi National Oil Company,ADNOC, announced its In-Country Value, ICV, Program has driven more than AED 26 billion ($7 billion) back into the UAE economy in 2019, bringing its total ICV spend,...
Non-Oil Trade between UAE, Russia in Past Five Years Reached US$14.1 Billion: Ministry of Economy
AE >> 10/13/2019 -  Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, said that the value of non-oil trade between the UAE and Russia over the past five years amounted to US$14.1 b...
Bahrain-Indian Trade Exchanges Soaring
BH >> 8/23/2019 - Aluminum topped Bahrain’s exports to India totaling $140. 3 million.

According to 2018 statistics, Bahrain imported industrial products and machinery worth $79.2 million.

India has b...
Egypt's IPO Programme to Be Resumed in September
EG >> 7/11/2019 - Egypt's Minister of Public Business Sector Hisham Tawfik announced on Thursday that no stakes will be offered for companies that have been listed in the initial public offering (IPO) programme till Se...
UAE to Participate In Africa Trade Week in Johannesburg
AE >> 6/19/2019 - A high-level trade and investment delegation organised by the Ministry of Economy under the chairmanship of Sultan bin Saeed Al Mansouri, Minister of Economy, will participate at the Africa Trade Week...
UAE Is the Major Trade Partner to Vietnam in MENA
AE >> 4/19/2019 - The UAE is the major trade partner to Vietnam in the Middle East and North Africa while Vietnam is the key trade partner to the UAE in the South East Asia, with two-way non-oil trade reaching US$10.4 ...
UAE, Uzbekistan Boosting Power Generation, Renewables, Oil and Gas Ties
AE >> 3/26/2019 -  Mubadala Investment Company, Abu Dhabi’s strategic investment and development fund, has exchanged a set of strategic agreements with the Republic of Uzbekistan, in which future partnerships can be ex...
UAE, Uzbekistan Explore Trade Partnership Prospects
AE >> 3/13/2019 - The third session of the Joint Economic Committee between the UAE and Uzbekistan was held recently in Tashkent, the Uzbek capital.

The Committee was chaired by Sultan bin Saeed Al Mansouri, M...
Egypt’s Eastern Co Shares Up To 5 Percent at Opening on Egypt Stock Exchange
EG >> 3/3/2019 - Egypt’s top cigarette maker Eastern Company SAE shares were up 5 percent at opening on Egypt stock exchange after share offer to reach 17.50 Egyptian pounds($1.00) per share.

The company sold...
Egyptian Stock Market Gains
EG >> 2/18/2019 - Egypt’s stock market has been on an upward trend since the beginning of the year, something reflected in most of the emerging markets thanks to a weaker dollar and a truce in the trade war between the...
PM To Inaugurate EGYPS 2019
EG >> 2/10/2019 - Prime Minister Moustafa Madbouli will inaugurate Egypt Petroleum Show "EGYPS 2019" on behalf of President Abdel Fattah El Sisi at Cairo International Convention & Exhibition Center, Petroleum Ministe...
Egypt, US Discuss Prospects of Cooperation in Gas, Petroleum Fields
EG >> 2/8/2019 - Minister of Petroleum and Mineral Resources Tareq el Molla discussed with US Charge d’Affaires in Cairo Thomas H. Goldberger prospects of bilateral cooperation in the coming stage in line with Egypt’s...
German Investments in Egypt Worth $7.1 Billion
German Investments in Egypt Worth $7.1 Billion EG >> 2/5/2019 - Investment and International Cooperation Minister Sahar Nasr said that German investments in Egypt currently stand at $7.1 billion in different fields with some 1215 German companies operating Egypt....
11 Egyptian Firms Participate in Arabplast 2019 – EDA
EG >> 1/7/2019 - CEO of the Export Development Authority (EDA) Sherine el Shorbagy stressed that the ArabPlast 2019 is of great importance for being the third exhibition worldwide and the first in the Middle East and ...
‘UAE-Kazakh Business Forum’ Holds Discussions on Trade, Investment Partnerships
AE >> 12/25/2018 - Participants in the UAE-Kazakh Business Forum highlighted the importance of reinforcing trade and investment ties between the two countries.

The forum, held recently at the Dubai Chamber of ...
Egypt Minister of Trade and Industry Meets China’s Shandong Delegation for Cooperation Talks
EG >> 12/22/2018 - Minister of Trade and Industry Amr Nassar met with a business delegation from the Chinese Shandong Province, led by Vice Governor Ren Airong, where they discussed means of strengthening mutual economi...
Al Mansouri Highlights UAE Economy Achievements in 2018
AE >> 12/12/2018 - Sultan bin Saeed Al Mansouri, Minister of Economy, revealed that the UAE economy had achieved several developmental milestones in 2018, which have contributed to stimulating its growth, enhancing its ...
Egypt's Planning Ministry Adopts Law Establishing Country's Sovereign Wealth Fund
EG >> 12/11/2018 - Egypt's Minister of Planning Hala El-Said said that the law on establishing the country's sovereign wealth fund is being put into effect.

In July, Egypt’s House of Representatives passed a la...
PM Attends Signing an Agreement to Fund Tahrir Petrochemical Complex
EG >> 12/10/2018 - Prime Minister Mostafa Madbouli attended the signing ceremony of a 1.25-billion-dollar agreement between Egypt's Carbon Holdings Co. and the Africa Finance Corporation to fund the Tahrir Petrochemica...
First ‘Emirati-Lebanese Forum’ Discusses Private Sector Partnership Opportunities.
AE >> 12/6/2018 -  The first "Emirati-Lebanese Investment Forum" began in Abu Dhabi. The forum was jointly organised by the Ministry of Economy and the Abu Dhabi Chamber of Commerce and Industry, ADCCI, in cooperation...
Mamish Signs 3 Investment Contracts on East Port Said Region
EG >> 11/21/2018 - Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish has signed three investment contracts with investors of the northern zone, affiliated to the Suez Canal Econ...
Thailand's Indorama Buys 74 Pct of Egypt's Medco Plast
EG >> 11/14/2018 - Indorama Ventures Public Company (IVL), a Thai petrochemicals producer, has acquired 74 percent of Egypt’s packing and packaging Medco Plast for 843 million Egyptian pounds ($47.15 million), Egypt’s H...
Regionaly & Internationaly.. Egyptian-Chinese Relations Witness Great Leap
EG >> 11/5/2018 - Egyptian Prime Minister Moustafa Madbouli stressed that Egyptian-Chinese relations have witnessed a great leap over the past period both at regional and international levels that were further develope...
US Trade And Development Agency Official Meets With Ministers in Egypt
EG >> 10/26/2018 - Acting Director of the US Trade and Development Agency Thomas Hardy has met several Egyptian ministers, including Petroleum Minister Tarek El-Molla, to discuss the agency’s support for US commercial e...
Saudi Rebounds From Khashoggi Slide As Institutions Buy
SA >> 10/15/2018 - Saudi Arabia’s stock market rebounded sharply from losses suffered in the wake of the disappearance of dissident journalist Jamal Khashoggi, as local institutions bought shares actively.

The...
Egypt Signs Agreement with CI Capital Alliance to Offer 24% of ENPPI Stakes in Stock Exchange
EG >> 10/5/2018 - Egypt's Ministry of Petroleum announced the signing of an agreement with investment alliance bank CI Capital, Jefferies Bank and Emirates NBD to offer and promote 24 percent of the Egyptian Engineerin...
Egypt between Two Economic Crises
EG >> 9/29/2018 - It has been 10 years since the world financial crisis, the gravest financial downturn the world has seen since the Great Depression of the 1930s.

On 15 September 2008 the global economy witne...
UAE, Algeria Discuss Ways of Reinforcing Bilateral Ties
AE >> 9/19/2018 - Sultan bin Saeed Al Mansouri, Minister of Economy, said that the bilateral and economic relations between the UAE and Algeria are based on strong foundations of brotherhood and mutual respect, support...
Egypt to Offer Shares In Five State-owned Companies during Three Months:
EG >> 9/17/2018 - Egypt will offer additional shares in five state-owned companies on the Egyptian Exchange (EGX) during three months at a price that increases or decreases 10 per.

"The offered price of the st...
Egypt's Parliament Approves Law Creating Sovereign Wealth Fund
EG >> 7/16/2018 - Egypt’s House of Representatives passed a law presented by the government to set up a sovereign wealth fund to manage state companies.

According to the new law, the EGP 200 billion fund is na...
Uae-S. Africa Non-Oil Foreign Trade Saw 23% Increase Last Year
AE >> 7/14/2018 - Since formal diplomatic ties were first established in 1994, the UAE and South Africa maintain vibrant economic and trade relations with the African country becoming the key trading partner to the UAE...

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