Egypt has successfully implemented a package of structural reforms, the question that arises now is what is the next step for the country?
According to Head of Deutsche Bank's representative office in Cairo Ahmed Shehab, a higher economic growth (...)
“Britain is not independent to conclude a free trade agreement alone with Egypt or any other country now. We are in a transitional period in which we seek to provide guarantees to the countries cooperating with us, not to affect the bilateral trade (...)
The car loans' growth rate in banks has declined significantly since the beginning of this fiscal year (FY), in light of the high interest rates, which have exceeded 20% in some banks, in addition to the major increase in the prices of cars, which (...)
El-Raey Sweetness Halva Company has submitted a request to get a 1,000 square metre plot of land in Badr City, allocated to establish a factory with a production capacity of 900 tonnes of "Halawa" (a sweet, sesame-based treat) per month at (...)
Alnada Company for Food Industries plans to inject investments of $2m to import two packaging lines from Tetra Pak, with the aim of increasing the company's daily production capacity to 18 tonnes of juice.
The company also seeks to install two glass (...)
Halwani Bros Company plans to raise its exports to EGP 240m in 2017, up from EGP 120m—an increase of 100%.
Chief financial officer at the company Fathy Mohamed said that exports increased by 35% in 2016, with plans to boost them even further to (...)
The costs of packaging materials have continued to increase since the pound flotation decision.
The recent hike ranged between 14-60% after the price increase of locally manufactured materials, which increases production costs of food (...)
Bayer Foods Company plans to inject investments of EGP 400m to establish a pasta-production factory with a capacity of 70,000 tonnes per year, and another one for biscuits with a capacity of 10,000 tonnes, and a flour mill with a capacity amounting (...)
EZ Food Egypt aims to double its exports in 2017 to benefit from the exchange rate value and maintain the company's capital following the negative effects of the flotation of the Egyptian pound
The company's chairperson, Mahmoud Khairy, said that (...)
Abd El Wahab Sons – Fresh Fruits & Vegetables aims to boost its exports to reach 45,000 tonnes this year, up from 25,000 tonnes last year—an increase of 80%
The chairperson of the company, Khalid Abdelwahab, said that the company will sign more (...)
AgroTrade targets to import and export 23,000 tonnes of agricultural products worth EGP 200m in 2017.
Omar El Mahdy, the CEO of AgroTrade, said that the company has increased its exported products of peas, onions, and potatoes.
He added that the (...)
Olivee Co. for Production & Agricultural Manufacture S.A.E aims to achieve exports worth $23m by the end of 2017, compared to $19.5m during 2016.
Ahmed Ismail, the export manager at Olivee, said the company is considering the establishment of new (...)
The Ministry of Supply and the cabinet are considering substantial modifications to the ration system after the completion of the ration cards filtration by the end of January.
The ministry raised the price of oil to EGP 12 instead of EGP 10, sugar (...)
Governor of the Central Bank of Egypt (CBE) Tarek Amer cancelled a meeting scheduled on Tuesday with representatives of nine investor associations, an investor involved in the meeting told Daily News Egypt on condition of anonymity. The meeting was (...)
Americana Group for Food Industries targets to develop production lines of bean and olive factories with investments of EGP 17m during the coming period.
Ahmed Nabil, the export director at Americana Group, said that the company allocated EGP 10m to (...)