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Egypt Considering IMF Deal Rejected in June
Egypt >> 10/5/2011 - Egypt is considering International Monetary Fund financing it previously turned down and is still in talks with Gulf Arab states for funds of close to $7 billion, Finance Minister Hazem el-Beblawi sai...
An Increase in Trade Volume between Egypt and Algeria
Egypt >> 10/5/2011 - Bilateral foreign trade volume between Egypt and Algeria during the first half 2011 has increased by 23.6 % to $ 492.2 million above its level during the same period of 2010 put then at $ 397.1 millio...
Qatar Gave Egypt a Grant of $500 Million
Egypt >> 10/9/2011 - Egypt's finance minister, who has been negotiating with Gulf Arab states for financial assistance, said that Qatar had given a grant of $500 million to support the budget, which has ballooned as a res...
Egyptian Exports to Nigeria are Limited to $100 Million
Egypt >> 10/9/2011 - Egyptian annual exports to Nigeria, population of 160 million, are limited to $ 100 million. This was announced by the Egyptian Ambassador to Abuja, Mr. Yousef Shawki, indicating that Egypt Air operat...
Egypt & Turkey Sign Deal to Boost SMES
Egypt >> 10/9/2011 - Minister of Industry and Foreign Trade Mahmoud Eissa said a protocol of cooperation was signed by the Egyptian and Turkish industry ministries to boost competitiveness of small- and medium-sized enter...
Agreements between Egypt, Turkey and Indonesia
Egypt >> 10/9/2011 - Dr. Mahmoud Eisa, Minister of Industry and Foreign Trade, who heads the Egyptian delegation in the meetings of the Group of Eight Islamic Developing Turkey - that the meetings of Ministers of the coun...
Egyptian Exports During July 2011 Increasing by 21%
Egypt >> 10/14/2011 - Egyptian exports during July 2011 have increased by 21 % to reach $2.67 billion (about L.E. 15.9 million) from $ 2.2 billion during the same month of 2010. This was announced by Gen Abu Bakr Al Gindi,...
Mutual Interests Guarantee Egyptian-Turkish Strategic Relations
Egypt >> 10/16/2011 - Egyptian Minister of Industry and Foreign Trade Mahmoud Eissa has said that common interests between Egypt and Turkey are a guarantee of establishing strong, strategic relations between the two countr...
Egypt Draw up Strategy for Future Ties with Washington
Egypt >> 10/17/2011 - Industry and Foreign Trade Minister Mahmoud Issa has stressed the need to draw-up a new strategy for the future of trade and economic ties between Egypt and the US. The strategy should focus on achiev...
Central Bank: Foreign Investments in Egypt Declined
Egypt >> 10/17/2011 - Egypt’s Central bank issued a report about direct foreign investment in Egypt declining to its lowest level in seven years at the end of the financial year of 2010-2011. Reports estimate the decline a...
Qatar to Invest USD 543.8 mln in Egypt Economics
Egypt >> 10/23/2011 - Qatar's Diar Real Estate Investment Co. has signed a USD 543.8 million contract with Consolidated Contractors Co. to develop two projects in Egypt. The contract allocates USD 464.3 million to "Nile Co...
Agreement on Facilities for Egyptian Exports
Egypt >> 10/24/2011 - Egypt's Industry and Foreign Trade Minister Mahmoud Eissa has met with a number of heads of banks and major international companies on the sidelines of the World Economic Forum which is currently bein...
Egypt, Pakistan Sign Cooperation Agreement
Egypt >> 10/29/2011 - Egyptian Minister of International Cooperation Fayza Aboul Naga will meet with Pakistani Ambassador to Egypt Seema Naqvi to sign an agreement on economic and technical cooperation between the two coun...
US Apache, Coca Cola CO. to Pump Investments in Egypt
Egypt >> 10/30/2011 - US Apache oil and gas exploration and production company, and Coca Cola plan to pump investments in Egypt worth about $1.7 billion as of the new year, announced Osama Saleh, the head of the General Au...
Egypt Aluminum Co. Announcing $500 Reduction in Aluminum Prices
Egypt >> 11/1/2011 - Egypt Aluminum Co. announced $500 reduction of aluminum prices for both local sales and exports. This was reported in the media quoting Mr. Sayyed Abdel Wahab, Chairman of the company, indicating that...
EU Presents 22m Euros to Support Agriculture in Egypt
Egypt >> 11/9/2011 - The European commission, the executive branch of the EU, promised to present an aid of 22 million Euros (U.S. $30.36 million) to support Egyptian farmers and another 23.5 Euros (U.S. $32.42 million) t...
LE 233 Billion Investments to Spur Egypt’s Economy in 2012
Egypt >> 11/9/2011 - Minister of Planning & International Cooperation Fayza Abul-Naga said the fiscal year 2011/2012 plan targets the increase in the gross domestic product (GDP) to hit LE 1.570 billion against LE 1.373 b...
Egypt’s Trade Deficit Widens 22% in August
Egypt >> 11/13/2011 - Egypt’s trade deficit widened 22 percent in August from a year earlier to 18.2 billion Egyptian pounds ($3.05 billion), the official Middle East News Agency reported, citing the country’s statistics o...
Egypt, Japan Discuss Bilateral Economic Relations
Egypt >> 11/13/2011 - Egyptian Minister of Industry and Trade Mahmud Eissa discussed bilateral cooperation and trade in the coming period with the Japanese ambassador to Cairo, Norihiro Okuda. Increasing bilateral economic...
OPIC Invest $150 Million Credits in Egypt
Egypt >> 11/13/2011 - OPIC - Overseas Private Investment Corporation, an independent agency of the US Government, has extended $150 million credits to be invested in Egypt via Citibank Egypt, including $125 million loan to...

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