FINANCE & ECONOMY

23 Oct 2017

QIZ a terrific opportunity for Egypt, we hope to see more activity over coming years: minister counsellor of US embassy

The minister counsellor of the US embassy, James Boughner, highlighted in an interview with Daily News Egypt the opportunities of cooperation between Egypt and USA during the upcoming period.

Has the embassy received"...

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23 Oct 2017

Meeting international standards would enhance Egyptian exports, facilitate trade: agricultural counsellor of US embassy

Linking farmers to processors and creating business opportunities in the agro-industrial value chain will encourage small and medium enterprises to invest in the agricultural sector

Egyptian extra-long and long"...

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23 Oct 2017

MENA power and utilities M&A transactions reach $845 m

According to the quarterly EY ‘Power transactions and trends’ report, an influx of European investors saw the region’s deal activity increase to six times that of the first quarter of 2017, reaching US$ 845 million in the second quarter of this year. As in previous quarters,"...

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23 Oct 2017

Home textiles exports up 3% in 9 months

Exports of the home textiles sector increased by three percent in the first nine months of 2017 to reach $375 million, compared with $365 million in the same period last year, the Egyptian Home Textile Export Council (HTEC) said Sunday.

The"...

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23 Oct 2017

Egypt posts record number of German tourists in revival

Chairman of Egypt's Tourism Promotion Authority Hisham al-Demeiry said Saturday that 800,000 German tourists had visited Egypt from January to September this year.

Speaking during a workshop in the resort"...

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23 Oct 2017

JTI certified Top Employer for the first time in Egypt

JTI (Japan Tobacco International) has been officially certified as a Top Employer in Egypt, demonstrating its status as a premier employer that puts people first. This recognition was confirmed during an awards ceremony"...

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23 Oct 2017

Egypt's trade deficit balance in 7 months reaches $21.3bln

The deficit in the trade balance during the first seven months of this year amounted to about $21.3bn, down from $28.7bn in the same period of 2016, a decline of $7.4bn, according to the Central Agency for"...

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23 Oct 2017

Moushira Khattab calls for ‘Egyptian UNSECO’ organization in Egypt

Egypt’s former candidate for Director-General of UNESCO, Moushira Khattab, has called for the establishment of an ‘Egyptian UNESCO’, based in Egypt, for the sake of restoring peace, freedom and humanitarian principles.

"...

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23 Oct 2017

Hydro-economics: Egypt, Ethiopia and the Nile

Water ministers from Egypt, Sudan and Ethiopia have gathered last week to discuss how Africa's largest hydroelectric dam will affect water distribution and access to the Nile.

The"...

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23 Oct 2017

Inspection battle threatens Egypt’s wheat supply

Wheat shipments to Egypt, the world’s largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin.
Those trips, funded by exporters, have been"...

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