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16 Nov 2016

Egypt to finally hold tender

Mineral resources minister Tarek El Molla told a conference early this week the much delayed offer would happen by end of the year.

Last year, the head of the Egyptian Mineral Resources Authority Omer Taima said"...

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16 Nov 2016

British BP to invest $13b in Egypt before 2020

British oil company BP Global plans to invest US$13 billion in the Egyptian market before 2020, the UK embassy in Cairo said in a statement on Monday.

According to the embassy, Britain has been providing investments"...

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16 Nov 2016

Belarusian companies invited to participate in Russian industrial zone project in Egypt

Enterprises of the Belarusian Industry Ministry are invited to take part in the project to set up a Russian industrial zone in Egypt. The project was presented during the latest session of the joint board of the Belarusian Industry Ministry and the Russian Industry and Trade Ministry in Moscow. The invitation was extended by Russian Industry and Trade Minister...

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16 Nov 2016

Kuwait to supply Egypt with 2 million barrels of oil a month

Egypt's state news agency says Kuwait has agreed to supply Egypt with 2 million barrels of crude per month, starting in January.

Tuesday's announcement comes more than a month after Saudi"...

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16 Nov 2016

France, Egypt say Israeli settlement bill a risk to two-state solution

France said on Tuesday an Israeli bill supported by the Ministerial Committee for Legislation allowing settlers in the occupied West Bank to remain in homes built on private Palestinian land was of a matter of deep concern and jeopardized a two-state solution.

"...

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16 Nov 2016

CAPMAS: Egypt’s print media continues to decline

There has been a significant decline in the sales and circulation of Egypt’s print media publications, according to the latest figures from the state-owned Central Agency for Public Mobilization and Statistics (CAPMAS).

The"...

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16 Nov 2016

Egypt seizes 14% of mergers, acquisitions deals in Middle East

Egypt's share of total mergers and acquisitions deals made in the Middle East is estimated at 14 percent in 2015, state's Trade and Industry Minister Tarek Qabil announced Tuesday.

He added that the Egyptian markets"...

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16 Nov 2016

4 million tourists visited Egypt in 2016: minister

About four million tourists visited Egypt since the start of 2016, including 1.5 million from Arab countries, the Egyptian tourism minister informed a parliamentary meeting on Tuesday.

Tourism Minister Yehia Rashed noted that some 14.7 million tourists visited the most populous Arab country in 2010, before the political turmoil and related security issues...

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16 Nov 2016

Does a UAE-Turkish rapprochement worry Egypt?

Apparently, it’s Egypt’s turn to be in the middle of ever-shifting Middle East alliances. The recent decision of Saudi Arabia's national oil company, Saudi Aramco, to cut off petroleum"...

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16 Nov 2016

Egypt extends state of emergency in Sinai

Egypt’s House of Representatives has approved a decision by President Abdel Fattah Al-Sisi to extend the state of emergency in a number of northern areas in the Sinai Peninsula by another three months, state TV announced yesterday.

This"...

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