Egyptians' businesses in Ethiopia are deeply safe and warmly welcomed by the Ethiopian authorities, said the Chairman of the Ethiopian Egyptian Business Council to Amwal Al Ghad on Monday.
Mr. Alaa Al Sakty – the Chairman of the Ethiopian Egyptian (...)
Mounir Fakhry Abdel Nour, Egyptian Minister of Industry and Foreign Trade, has revealed that the ministry started deliberations with banks to establish risk guarantee company at a capital of EGP 1 billion; aiming to finance the suspended factories (...)
Ahmed Al Wakeel, Deputy Chairman of (ASCAME), Association of the Mediterranean Chambers of Commerce and Industry, has announced that the European Union approved three new ventures in Alexandria in addition to the five ventures that had been approved (...)
Egyptian Minister of Industry Hatem Saleh asserted that the industrial growth rates remarkably climbed to 3% throughout the last ten months, a 1% increase than the general growth rate.
During the last period, the ministry of industry aimed to (...)
Egypt's Shura Council, Upper House, has accepted to amend the industry law that allows the Egyptian Ministry of Industry, represented in the Industrial Development Authority (IDA), to set a new system for allocating the plots of land.
Saleh stated (...)
The initiative, which concerns transferring the Italian investments to Egypt and launched by the International Business & Investment Association (IBIA) brought about injecting EGP 10 million by Aqua Group in order to construct Aqua Egypt Company (...)
Mr. Ahmed Eissa, Egyptian Minister of Antiquities, received yesterday the Polish Ambassador to Cairo, Piotr Puchta, to look into the cooperation between the two countries and how to exchange the experiences with the countries across the world, in (...)
Shafiq Boumarav, Vice Chairman of Algerian Economic Club, has stressed the necessity of strengthening the Egyptian Algerian relations amid
He expected that the Algeria n government's decision of exempting 407 Egyptian commodities from the customs (...)
Egypt's IBIA, International Business and Investment Association, has signed a cooperation protocol with the Algerian Economic Club in order to support and deepen the ties between the two countries via holding more bilateral meeting between the (...)
Some new 9 European factories claim to transfer their activities to Egypt after the tour made by the Egyptian Minister of Industry, Eng. Hatem Saleh, to European countries such as Italy, Spain and France.
On his social networking page "Facebook", (...)
The volume of the Canadian investments operate in the Egyptian market would be $ 9.5 billion by the end of 2013, said Moataz Raslan, Chairman of Canada Egypt Business Council (CEBC); referring that there is a willingness to boost the Canadian (...)
Egyptian Minister of Industry, Hatem Saleh, held a wide meeting with a delegation from Kraft Foods Egypt, led by Bassil Abulata, Managing Director. Kraft Foods Egypt is one of the global food industry companies that operate in Egypt.
Saleh said the (...)
The Egyptian Minister of Industry, Hatem Saleh, opened Thursday morning the factory "BET", which is specialized in the packaging. This project is implemented by joint Egyptian Saudi investments estimated at EGP 110 million for the first phase, (...)
Depending on the recommendations of the Oppenheimer Group, a company for research & investing information, the US-based Apache Corporation tends to freeze its investments in Egypt, which a close source to Apache CEO, Steven Farris, estimated at USD (...)
Galal El Zorba, President of the Federation of Egyptian Industries (FEI), has officially announced taking retirement, elaborating that he wouldn't run for the new term 2013. He also asserted that the Egyptian businessmen Hassan Malek, Safwan Sabet (...)
Phosphate Misr Company, jointly with Abu Qir Fertilizers Company, is seeking to construct a chemical industrial complex to produce Phosphate fertilizers at $ 1.7 billion total investments.
Eng. Khaled Al-Ghazaly, Chairman of Phosphate Misr, has (...)
Citadel Capital's subsidiary Mashreq Petroleum announced today the signing of a concession agreement entailing a period of 25 years with the Port Said Port Authority in addition to another conditional 5 years for achieving 90% of the agreed upon (...)
Prof. Pakinam El Sharkawy, Assistant to the Egyptian President for Political Affairs, had pinpointed four principal pivots that President Morsi to Brazil can achieve; the paramount import pivot is the agricultural development.
On her "Facebook" (...)
The US Ambassador to Cairo, Anne Patterson, has revealed that the $ 40 million US aids to Egypt, which were supposed to support democracy and develop the civil society, suspended after pursuing a number of NGOs and arresting some of their (...)
The Egyptian Business Development Association (EBDA) has received an official approval from the former Malaysian president, Mahathir Mohamad, to attend Egypt Asia Economic Summit, which EBDA will hold next September in Cairo.
Prior to his visit to (...)
Eng. Hatem Saleh, Egypt's Industry Minister, said that the Egyptian government is seeking to overcome this stage through the joint cooperation with the Nile Basin countries and having real partnerships with them during the coming period. Moreover, (...)
The Chairman of IBDA, Egyptian Business Development Association, Hassan Malek, has decided to file a lawsuit against Eng. Moheeb Abdel Satar, Head of Internal Trade Development Authority (ITDA), who has resigned lately, due to involving the (...)
Some Syrian businessmen, who live in Egypt since the Syrian revolution has erupted, unveiled that they were threatened by the Syrian investigations in case of continuing their new investments in Egypt. This matter let to exiting EGP 3 billion (...)
The Nissan Motor Global Company has selected Egypt branch to be the regional headquarters in the Middle East, said Hatem Saleh, Egyptian Minister of Industry and Foreign Trade. He emphasized that this decision will restore the trust of the foreign (...)
Egypt's Ministry of Industry decided to list the factories of the food industries that use mazut (heating oil) in their production in the decision of increasing the price of ton of mazut to EGP 1000; the sugar companies top the list.
Reliable (...)