Egypt4Business Topics

CAIRO, Nov 11 (Reuters) - Egypt's supplies minister has begun holding meetings with<br> international commodities trading companies with whom he wants the government to partner in an ambitious plan to transform the country into a global trading hub.

Minister of Trade and Industry Mounir Fakhri Abdel-Nour said Egypt will soon carry out a number of huge projects including the Suez Canal Axis, the Golden Triangle and other projects.

CAIRO, Aug 22 (Reuters) - Egypt's policy decisions last November to float the pound and subsequently raise interest rates have improved conditions for the banking sector but have slowed investment and dampened consumer loan demand, BLOM Bank Egypt's CEO told Reuters.

The trading floor of Egypt&rsquo;s bourse erupted into cheers when the government suspended plans to charge a capital-gains tax.

The benchmark EGX 30 Index climbed 6.5 percent, the most since July 2013, to 8,798.17 at the close in Cairo. It's the world's best performer among 93 gauges tracked by Bloomberg. Commercial International Bank Egypt SAE, the country's biggest listed lender, advanced the most since December 2013.

Blurb: Egypt is in the midst of a huge construction boom—the center of which is a New Administrative Capital intended to modernize the seat of government for the country of 103 million people in a new city 28 miles east of Cairo.

Suez Cement Group of Companies, a subsidiary of the Italcementi Group - the world's fifth biggest cement producer, is one of the largest and oldest cement producers in Egypt. Its industrial network comprises five production facilities

The Egyptian cement market is considered to be one of the largest in the world, with 21 cement producers that own and operate 24 plants and 43 kilns. Providing work for over 50 000 people and indirectly supporting an additional 200 000, the cement industry is one of Egypt's most important economic drivers.

Blurb: Egypt is in the midst of a huge construction boom—the center of which is a New Administrative Capital intended to modernize the seat of government for the country of 103 million people in a new city 28 miles east of Cairo.

In the blistering summer of 2014, Egyptians were facing spontaneous electricity blackouts for up to six hours a day, waiting hours in gas station lines often long enough to stretch across entire neighborhoods, and enduring hundreds of terrorist attacks targeting infrastructure.

Weaving through the packed parking lot toward the Mall of Egypt, a new $700 million retail palace complete with a Dubai-style indoor ski slope, it's easy to think that the country's economy is well and truly on the mend after years of crisis.

Recent studies indicate that more women in company leadership can increase company performance and that boards with high female representation experience a 53% higher return on equity than those with the least female representation

CAIRO (Reuters) - Egypt's Carbon Holdings aims to finalize funding and start building its massive Tahrir petrochemicals project by June, producing raw materials desperately needed to boost the country’s industrial sector, its chief executive told Reuters.

Apache Corp. and Royal Dutch Shell Plc plan to start producing unconventional gas from their joint venture in Egypt's Western Desert by the end of June even as Apache is cutting investment in the nation because of falling oil prices.

CAIRO (Reuters) - Britain's BP Plc (BP.L) aims to double natural gas production in Egypt in the next four years despite weak oil prices as Egypt's burgeoning energy market offers hope for its battered economy.

In 2008, after decades of international recognition, world-renowned Egyptian-British heart surgeon Sir Magdi Yacoub decided to redirect his efforts to his country of birth. Coronary heart disease is the leading cause of death in Egypt, responsible for one-fifth of deaths each year.

The tech competition could easily have taken place in Silicon Valley. The winning team designed a 3D printer with the basic tools and materials available. The runners-up developed a smartphone application to help users find the nearest pharmacy and a game that teaches kids about electronic circuits.

Egypt's Carbon Holdings plans to begin the construction of a $7 billion petrochemical complex in the second half of 2015, Chairman and Chief Executive Officer Basil El-Baz said.

In 2005, Egypt, Israel, and the United States developed Qualified Industrial Zones (QIZs) in Egypt in which products using Israeli components would be produced and shipped to the U.S. market duty-free and quota-free. Today, these QIZs are an important part of the future for Egypt, but they also provide significant opportunities for those in the apparel industry looking to grow in the region.

In January, I picked up my camera, put on my go-to black dress (which was probably made in China, although it bears a recognizable designer name) and ran to a luncheon, which promised to be monumental in the long history of conflict between Israeli and Arab record.

The Egyptian garment sector has an important role and accounts a big part in its economy. At an event in Manhattan, New York

It would be wonderful if I could embrace what I had been taught about my beloved Egypt. The Bible taught us that Egypt was the land to which the Israelites would find refuge during the famine and the home to the most notable Biblical figures; from Jesus to Moses.

Take a sneak peek at the collection of the new Grand Egyptian Museum, opening in early 2018

Two of the stolen Egyptian antiquities recovered by U.S. authorities: a set of three nesting Egyptian wooden coffins, circa 664-111 B.C., and an ancient Egyptian wood gessoed and polychrome-painted anthropoid sarcophagus, Third Intermediate Period, 21st-22nd Dynasty, circa 1070-712 B.C.