After seven years of negotiation, the signing of the Tripartite Free Trade Agreement (TFTA) in June 2015 at Sharm El Sheikh is being heralded as a turning point in regional integration, and a significant boost for Egypt’s efforts to increase its exports to the fast-growing markets of sub-Saharan Africa. According to news reports following the...
Edita Food Industries (Edita) is one of the leaders in the growing Egyptian packaged snack food market and in the Middle East, with an overall packaged snack food market share of 12% in 2014. Edita, a holding company that owns three subsidiaries, offers a wide range of high quality affordable snack food products that cater to various tastes...
El Sewedy Electric is a fully integrated energy solutions provider, manufacturing and selling integrated energy products and services in seven energy segments. The company has 30 production facilities in 15 countries and caters to energy/infrastructure, industrial, commercial, and residential markets. El Sewedy Electric consolidates itself...
On August 11, 2015 the Chinese government unexpectedly devalued the renminbi by 2%. Despite the modest change in the value of the currency, the move negatively impacted stock exchanges around the world. The move also resulted in a depreciation of emerging market currencies, with declines ranging from 20% to 50% since June 2014. The devaluation...
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