Category Archives: Investors

#Egypt sees 22% year on year drop in April tourist numbers

Cairo – Egypt saw a 22 % drop in tourist numbers in April 2014 compared to the same month of last year, according to a recent report issued by the tourism ministry. A total of 859,889 foreign tourists came to Egypt … Continue reading

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#Egypt has limited scope for boosting purchases of local wheat

Cairo – Egypt aims to buy about half of its domestic wheat harvest this year at 4.4 million tonnes and is unlikely ever to get much more from farmers, who need to reserve the rest for seed and to feed their … Continue reading

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UAE to continue political, economic support to #Egypt after poll – report

CAIRO, May 24 (Reuters) – The United Arab Emirates will continue its political and economic support for Egypt after a presidential election next week that is expected to be won by former army chief Abdel Fattah al-Sisi, Egypt‘s state news agency reported on … Continue reading

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Agriculture Entrepreneurship Research Intern

At MC Egypt we believe that, given access to capital (human and financial), entrepreneurs will create profitable businesses providing solutions to social problems. As a for-profit subsidiary of Mercy Corps, MC Egypt encourages and grows businesses that have specific social … Continue reading

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Ministry of Housing invests in solar power to counterbalance electricity shortages

The government “will not be able to prevent electrical power cuts,” but promises to reduce energy consumption. Minister of Housing, Utilities and Urban Development Mostafa Madbouly announced plans Wednesday to build solar panels on some government buildings in an attempt … Continue reading

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Egypt’s mining exports to Canada hits EGP659m in Q1

Despite the fall, Canada is still capturing the lion’s share of Egyptian mining products. Egypt’s mining exports to Canada reached around EGP 659 million during the first quarter of 2014, a 15% decline year-on-year, according to the Foreign Trade Sector’s … Continue reading

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Beltone Financial granted #Egypt ‘s first ETF licence

The infrastructure and the regulations relating to the index funds are ready for work and within six weeks we can see trading of index funds papers. Egypt’s stock exchange has granted Beltone Financial (BTFH.CA) the country’s first licence for exchange … Continue reading

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