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Industry & Trade
Switzerland, Egypt eye boosting mutual cooperation
Egypt and Switzerland are in talks to boost mutual cooperation in several development projects. This comes…
Unstable oil market creates global economic hardship: OPEC
The oil market needs to be stable in order to prevent economic hardship, the oil producers' cartel OPEC said in its…
Budget deficit lowered 2.4% in Q1 of Egypt’s FY2016/17
Egypt's budget deficit in the first quarter of 2016/17 narrowed to 2.4 percent from 2.8 percent in the same period…
Egypt to enter global oil market, seek better prices to replace Saudi deliveries
Egypt will enter the international oil market and seek better prices to supplant suspended deliveries from Saudi…
Saudi oil shipments to Egypt halted indefinitely: officials
Saudi Arabia has informed Egypt that shipments of oil products expected under a $23 billion aid deal have been…
Petroleum product subsidies to hit $5bn in Egypt’s FY2016-17 budget
The total volume of Egyptian subsidy on petroleum products is set to be raised to around 64 billion Egyptian pounds…
Beef, cattle seven-month imports record $684mn- Egypt’s CAPMAS
Egyptian imports of beef and cattle rose by 2.4 percent during the first seven months of 2016 to 8.9 billion…
8th International Ceramic exhibition kicks off next Wednesday in Cairo
The 8th round of the International Ceramic and Sanitary Ware Exhibition (ICS) is set to kick off on Wednesday,…
Fertilizers exports leap 101% in nine months- Egypt’s council
Exports of Egyptian fertilizers sector leapt by 101 percent in January-August 2016 to US$383.23 million from…
Egypt denies oil minister’s Tehran visit plans, says he’s in ADIPEC now
Egypt’s Oil Minister Tarek el-Molla has not visited and is not planning to visit Tehran to sign oil deals with…