Browsing: Egypt

Haier Smart Home, a subsidiary of Chinese consumer goods giant Haier Group, announced on Thursday the official inauguration of Egypt Ecological Park, its first production plant in the Arab country.

Kuwait has invested nearly $15 billion in industrial projects and other sectors in Egypt and the assets are expected to surge in the next years following the Kuwaiti Emir’s visit to Cairo, an Egyptian newspaper said on Thursday.

The Egyptian government has submitted a request to the International Islamic Trade Finance Corporation (ITFC), a subsidiary of the Islamic Development Bank (IsDB), to increase its annually-obtained credit limit for purchasing wheat by roughly 150% to $500 million, a government official told Asharq Business.

Cabinet’s Spokesperson Mohamed El-Homosany stated Taxes levied on capital gains arising from the sale of securities listed on the Egyptian…

The floating storage and regasification unit will be leased “to secure additional needs for domestic consumption during the summer,” the ministry said

The MoU also involves the exchange of information between both countries to decide upon the best candidates for the funding

Trade exchange between Egypt and Kuwait fell by 11.8% year on year (YoY) in 2023 to $3 billion, compared to $3.4 billion, according to data by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The Palestinian Embassy in Egypt is seeking temporary residency permits for tens of thousands of people who have arrived from…

Joining ATIDI would boost African trade opportunities by providing flexible solutions to alleviate political and trade risks

The Egyptian president, Abdel Fattah El-Sisi, and his US counterpart, Joe Biden, on Tuesday discussed the efforts being made by…