je.st

Home › egypt

Tag: egypt

Egypt apparel sector underperforming but ambitious

2016-03-08 17:04:00| Daily apparel & textile news and comment - from just-style.com

With advantages that include the best cotton in the world, thousands of textile and garment factories, low labour costs and duty-free access to key markets in the US, European Union (EU), the Middle-East and Africa, Egypt should have formidable potential. But at the same time it's facing a mountain of problems, including low labour productivity, lack of investments in ginning, spinning and weaving, difficult access to finance, and poor infrastructure.

Tags: apparel sector egypt ambitious

Egypt sets terms for dollar payments to foreign airlines

2016-03-06 18:53:53| Airlines - Topix.net

Egypt's civil aviation ministry has announced a new agreement for foreign currency payments to international airlines, who have been unable to repatriate earnings due to banking restrictions, Reuters reports. Last week Air France-KLM publicly announced that operations were becoming 'unsustainable' due to the delays in releasing dollars from Egypt to cover essential costs such as salaries, aircraft leasing and jet fuel, which all must be paid in dollars.

Tags: terms foreign sets dollar

Marubeni and El Sewedy to do feasibility study of Egypt coal power plant

2016-03-04 01:00:00| Power Technology

Japan-based Marubeni and Egypt's El Sewedy Electric have inked a memorandum of understanding (MoU) with Egyptian Electricity Holding Company (EEHC) to perform a feasibility study for construction of a coal-fired power plant in the North African count

Tags: power study plant egypt