Egypt’s PM visits Indian plant in Port Said October 30, 2014

Egypt’s Prime Minister Ibrahim Mehleb promised to resolve all issues faced by Indian investors in the country during a visit to the TCI Sanmar plant in Port Said, the largest Indian investment in Egypt.

The prime minister, who...

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Minister Al-Sabeeh in Egypt for Arab SDGs talks October 30, 2014

Kuwait's Minister of Social Affairs and Labour and Minister of Planning and Development Hend Al-Sabeeh arrived at Egypt's resort of Sharm El Sheikh on Wednesday to attend a ministerial conference on Arab agenda for the post-2015 development...

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ANALYSIS: Long way to go on reducing Egypt's wheat import dependency October 30, 2014

The Egyptian authorities' determination to curb wheat imports might be hampered by lower output and the failure to reduce consumption over the 2014-15 crop year (July-June), market sources say.

The fragile state of Egypt's economy has...

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EFG Hermes expects lower oil prices as positive news for Egypt October 30, 2014

EFG-Hermes expected lower oil prices as clearly positive news for oil-importing MENA. Egypt, Morocco, Jordan and Lebanon are likely to enjoy the biggest gains, Egypt's largest investment bank said in report on Wednesday. "Egypt will benefit,...

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