amwalalghad :: Industry & Trade

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        National Development Bank   6.72        Six of October Development & I   15.03        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        


Investment - Industry & Trade

Marwa Himdan - 2015-07-06 13:55:26
The Egyptian government seeks to double the volume of private sector's investments in agricultural sector to 11.5 billion Egyptian pounds (US$ 1.4billion) in fiscal year 2015-16. More»
Sanaa Allam - 2015-07-06 11:47:54
Middle East Pharmaceuticals intends to launch new factory with investment cost of EGP 800 million (US$ 102.2million) at the end of 2015, Owner and General Manager Mohamed Ghoneim said Monday. More»
Hesham Ibrahim & Sanaa Allam - 2015-07-06 10:11:42
The Cabinet is to review in its Monday’s meeting the implementation of the Golden Triangle, the second largest developmental project run by the government, minister of industry said Sunday. Mounir Fakhry Abdel Nour, Minister of Industry and Trade, said the Golden Triangle project is among several schemes to take advantage of the country's under-tapped mineral resources and develop Upper Egypt region. The Golden Triangle project aims to create new industrial and mining projects in 6,000 square kilometres extending from the Red Sea cities of Safaga and Al-Qusayr to Eastern Qena in Upper Egypt. The proposed projects for the Golden Triangle developmental project include mining projects, such as using phosphate ore and constructing fertiliser factories. Other projects will utilise raw materials to manufacture cement from clay and limestone and produce gasoline from oil-based clay. The project also entails tapping into agricultural lands in Qena governorate and constructing a number of touristic resorts in Dendara, Laqeta, and Qena Valley. It will also develop resorts and tourist villages between the Safaga and Al-Quseir areas. More»
Amwal Al Ghad English - 2015-07-06 08:40:47
The total value was generated in the last six-month period, whereby the revenues are a result of stamping approximately 26 tonnes of gold artefacts, Minister of Supply Khaled Hanafy said in the statement. Hanafy added that within the last six months, 35kg of gold and 45kg of silver that were unstamped were caught due to inspections made by representatives from the authority, which is currently part of the Ministry of Supply and Internal Trade. Hanafy announced that the issuance of a presidential decree transferring the jewellery stamping and scales authority to a public economic entity is currently in the works. The same declaration, however, was made by Hanafy last December. The decision aims at introducing new regulatory tools to avoid any means of forgery and cheating in the goldsmith and precious metals industry. One of the tools includes the use of a barcode system for gold and other precious metals. Transferring the authority into a public economic entity will allow greater flexibility in making decisions, and in modifying the regulations to be followed by the authority, according to authority president Mohamed Fathy. More»
Mahmoud Shaaban - 2015-07-05 12:41:33
The Petroleum Projects & Technical Consultations Co- Petrojet is planning to boost its revenues to 6 billion Egyptian pounds (US$777 million) in 2015, Chairman Mohamed Shemy said Sunday. More»
Amwal Al Ghad English - 2015-07-05 12:25:58
Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country, an official with state-owned gas company EGAS said on Sunday. More»
Amwal Al Ghad English - 2015-07-05 11:23:05
Egypt debts to foreign oil companies recorded US$ 3.5 billion at the end of June making 6.1% increase from March, an official at state-owned Egyptian General Petroleum Corporation (EGPC) said on Sunday. More»
Enas Shaaban - 2015-07-04 15:03:20
Ahmed El-Wakeel will serve a second term as President of the Federation of Egyptian Chambers of Commerce (FEDCOC) as the result of the federation board election held Saturday. In addition, the elections have also resulted in naming Ibrahim Mahmoud Al Araby- Chairman of the Cairo Chamber of Commerce – as the First Vice President of the Federation of Egyptian Chambers of Commerce. Fathy Morsi, who serves as the Chairman of Beheira Chamber of Commerce, has been elected as the Second Vice President of the Federation of Egyptian Chambers of Commerce. Following the board elections, FEDCOC’s new board is to hold its first meetings Saturday with Mounir Fakhry Abdel Nour - Minister of Industry and Trade.FEDCOC was established in 1933 to coordinate efforts of all regional Egyptian Chambers of Commerce and promote their common interest. As an official representative of all Egyptian business organisations it supports the achievement of economic and social development in Egypt. The Federation contributes to the development of internal trade and export, raises awareness of the competitiveness of Egyptian SME’s, and lobbies for government support of the Egyptian business community via involvement in the government’s legal, economic and trade policies. More»
Amwal Al Ghad English - 2015-07-02 13:55:37
The international homecare and beauty firm, Henkel, plans a LE300 million ($38.8 million) investment in its factories in Egypt this year, according to a Wednesday statement from the Ministry of Industry and International Trade. More»
Hesham Ibrahim & Sanaa Allam - 2015-07-02 11:08:34
Egypt hopes to bring its preferential Free Trade Agreement (FTA) with the South American Common Market (Mercosur) into effect before the end of this year, minister of industry said Thursday. Therefore, Mounir Fakhry Abdel Nour - Minister of Industry and Trade – revealed that the government had started negotiations with Brazil, seeking the latter’s endorsement on Mercosur Free Trade Agreement. The Mercosur is composed of four member countries Argentina, Brazil, Paraguay and Uruguay, who have signed the free trade agreement with Egypt during the Mercosur Summit in Argentina on August 3, 2010. It is considered one of the most significant economic blocs in the world and also the most successful bloc in South America. It ranks fourth in terms of economic importance after the EU, the North American Free Trade Agreement (NAFTA), and the Association of Southeast Asian Nations (ASEAN). The Mercosur agreement allows preferential privileges for the Egyptian exports to enter the Latin American markets, and to reduce the cost of Egyptian imports from Latin American countries such as sugar, meat and soy oil. The FTA aims at cutting tariffs by more than 90% between Egypt and the Mercosur countries and cancelling customs duties on agricultural goods, along with finding solutions to the issues of the rules of origin and the preferential guarantees and promoting cooperation in the fields of investment, services and others. Egypt is considered the first Arab and African country to sign the agreement with Latin America countries, which will open up new markets for the Egyptian exports. At the same time, it will strengthen Egypt's exports competitiveness, especially in the markets of Argentina and Brazil, which are considered major rising economic powers in the world. This FTA ensures that Egypt will have its needs of food commodities at the best prices on the long run. It will also work to increase the confidence of Latin America investors in Egypt, and will, therefore, lead to the increase of joint ventures. It contains guarantees that will prevent damage to the Egyptian industry, and it embodies the idea of ​​deepening economic cooperation between the countries of the South. It will also open up new prospects for economic cooperation between the two continents of Africa and Latin America. The Egyptian government aims through this agreement at promoting foreign trade and diversifying export markets. The agreement is expected to double the volume of trade between Egypt and the Mercosur countries. Elsewhere, Minister Abdel Nour also said his ministry intends to complete a number of trade agreements in the coming period, notably the free trade zone with the Eurasian Economic Union (EEU), comprising Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan. More»