Latest in Tag: local market Highlight
Latest in Tag: local market

Banks in local market move to support irregular employment
Banks make donations as follows, EGP 80m from NBE, EGP 40m from Banque du Caire, and EGP 20m from EBE

Government to extend rice export ban to secure local market needs
The government rice mills pay EGP 3,000 per tonne of rice while private mills pay EGP 4,500 per tonne, so the farmer chooses the highest price

Mercedes to visit Egypt to explore investment opportunities in local market
The economic reform programme spreads confidence among international companies and increases the chances of them investing in Egypt, says Kabil

Dollar shortage created an inflationary recession in the local market: investors
Manufacturers rely on the informal market for US dollars, and securing 25% of industrial sector needs would stabilise US dollar exchange rates

GALINA targets $60m in exports next year: CEO
25% increase in exports value after dollar price hike against EGP
Dumping duties of 54%-77% to be applied on Chinese blankets: Abdel Nour
Market dumping phenomenon was confirmed, China informed complaints were accepted, says Al-Seginy

Ambitious Banque du Caire strategy targets 30% loan product growth: Bank President
Car loans from Banque du Caire is considered the fastest growing bank product in the Egyptian market, Zahid said

HTC counts on smartphones to increase its market share in Egypt: HTC official
Increase in smartphones locally from 500,000 in 2011 to 6.5m in 2014; “illegal” phones and fluctuating dollar exchange rate are challenges in 2015