Trade
50% increase in Egypt-Saudi trade volume in 2012
Business
April 28, 2012
50% increase in Egypt-Saudi trade volume in 2012
The amount of trade between Egypt and Saudi Arabia increased during the first quarter of 2012 by 50 percent, compared…
Egypt signs new shipping agreement with Turkey
Egypt
April 25, 2012
Egypt signs new shipping agreement with Turkey
Egypt has signed a shipping protocol with Turkey that the transportation minister has called a large step in increasing maritime…
34% decrease in volume of trade between Egypt, US in January 2012
Business
April 20, 2012
34% decrease in volume of trade between Egypt, US in January 2012
Ezz Eddin Ashraf, Egyptian envoy to the United States, said that the volume of trade between Egypt and the US…
10,000 tons of wheat arrive in Alexandria from Ukraine
Business
April 10, 2012
10,000 tons of wheat arrive in Alexandria from Ukraine
Around 10,000 tons of wheat arrived in Alexandria Tuesday from Ukraine aboard a Tanzanian ship. Major General Al-Sayed Hamed Hedaya,…
Industry minister meets with EU ambassador over economic ties
Business
April 4, 2012
Industry minister meets with EU ambassador over economic ties
The ndustry and foreign trade minister on Wednesday highlighted the necessity of turning European Union-proposed initiatives into projects that positively…
Giant Danish ship crosses Suez Canal, along with 46 other vessels
Egypt
March 20, 2012
Giant Danish ship crosses Suez Canal, along with 46 other vessels
Forty-seven vessels carrying a total of nearly 2.4 million tons crossed the Suez Canal on Tuesday, the Suez Canal Authority…
Egypt’s rice export ban only benefits smugglers
Business
March 19, 2012
Egypt’s rice export ban only benefits smugglers
Smugglers in the Middle East are enjoying an unlikely moneyspinner — illegal medium grain rice. Shoppers across the Gulf,…
Eurozone instability threatens Egypt
Business
March 11, 2012
Eurozone instability threatens Egypt
As the country struggles to get back on its economic feet, Egypt’s neighbors across the Mediterranean may be on the…
Government gets US$1.2 bn commodity loan from Islamic bank
Business
March 8, 2012
Government gets US$1.2 bn commodity loan from Islamic bank
The Egyptian government has received a US$1.2 billion credit facility from the International Islamic Trade Finance Corporation (ITFC) to help…
Egypt projects trade increase with Saudi Arabia after causeway
Business
March 6, 2012
Egypt projects trade increase with Saudi Arabia after causeway
Transport Minister Gamal Mostafa Mohamed al-Sayed said on Tuesday that a causeway between Egypt and Saudi Arabia would increase bilateral trade to an…