amwalalghad :: Industry & Trade

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        National Development Bank   6.72        Six of October Development & I   15.03        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Investment - Industry & Trade

Amwal Al Ghad English - 2017-01-22 16:55:21
China's Guangzhou Goodsense Decorative Building Materials Co. Ltd. plans to establish a new factory in Ataqa in Suez with an Egyptian-Saudi-Chinese capital of $100 million to manufacture aluminium composite panels, Egyptian trade minister announced Sunday. Egyptian government will allocate a 16,000 square-metre area in the industrial zone of Ataqa in Suez Governorate, Minister Tarek Qabil said according to an official press statement by the ministry on Sunday. The factory will start actual operation within 9 months after its establishment, Qabil added. The Egyptian partner for the project is WellBond, which is an Egyptian-Saudi company manufacturing aluminium composite panel, currently produces 600,000 metres per year covering 8-9 percent of Egyptian market's needs, he stated. The Chinese company aims to "benefit from the available major competitive advantages represented in the [Egyptian] market that exceeds 90 million consumers, and also benefit from several free trade agreements signed between Egypt and several countries and main economic clusters worldwide, which allows for a production of goods at economical prices for more than 1.6 billion consumers," the statement reads. More»
Hisham Ibrahim - 2017-01-22 14:10:31
The total investments of Swiss food and drink company Nestlé in the Egyptian market reached around one billion Egyptian pounds (aroundUS$53 million) during the last five years. Nestlé Egypt CEO and Chairman, Yasser Abdul Malak stated Sunday that these investments were injected into manufacturing and distribution fields. Nestlé owns two factories in Egypt with total labour estimated at around 8,000 workers, the official noted. Abdul Malak added that the company plans to increase its exports to a number of markets notably the European and African ones as well as the USA. About company's deal with Caravan Marketing Company SAE (CMC) -the owner of instant coffee Bonjorno brand-, the chairman pointed out that this deal reflects Nestlé's keenness on investing and expanding in the Egyptian market. More»
Mahmoud Shaaban - 2017-01-22 13:40:23
Egyptian Mineral Resources Authority (EMRA) plans to raise production rates of mineral resources sector within financial year 2016/17. An official source at EMRA told Amwal Al Ghad on Wednesday, 18 January, that the authority adopts a strategy to increase total phosphate production to around 1.9 million tonnes by the end of June 2017. He added that the targeted amounts would be provided for a number of sector's firms notably Al Wadi Al Gadid For Mineral Resources and Oilshale- Wadico, Egyptian Company for Mineral Resources, and Misr Phosphate S.A.E. More»
Sanaa Allam - 2017-01-22 10:21:08
Egyptian Engineering Export Council is set to participate in the international automotive aftermarket trade show in the Middle East, Automechanika Dubai from 7 - 9 May, 2017. Council's Head Amr AbouFreikha stated on Wednesday January,18 that around 15 Egyptian firms are expected to take part in Automechanika Dubai. Automechanika Dubai would showcase products like all six sections of the show; parts and components, electronics and systems, repair and maintenance, tyres and batteries, service station and car wash and accessories and tuning in the auto, automotive, manufacturing, fabrication, repair & maintenance industries. The Egyptian pavilion would be established on an area ranging between 150 metres to 250 metres, the official said, adding that Automechanika Dubai is the second important event in automotive parts world following Automechanika Frankfurt. Moreover, AbouFreikha asserted that the Egyptian participation targets expanding in Arab, African and European markets. More»
Sanaa Allam - 2017-01-21 14:46:14
The second round of the biggest gathering of pharmacists- Pharmacy Expo 2017 is scheduled to kick off on March 4-6, 2017 with participation of 10,000 pharmacists. Pharmacy Expo aims at following up and displaying the impressive development in the pharmaceutical, cosmetology and pharmaceutical supplies on local, regional and international basis. Mohamed Mostafa -CEO of Pharmacy Expo organiser Master Business Group - clarified that the event works on regaining the status of the Egyptian products in the Arabian and African markets. Pharmacy Expo creates direct interaction between the three market aspects (producer – distributer – pharmacist) in order to enhance the value of investment and enrich the scientific and technical side of the pharmacists and stuff in the pharmaceutical and cosmetics field, the official pointed out. Pharmacy Expo 2017 aims at communicating with the institutions, companies, individuals and the centers of scientific research in Egypt and across the globe hoping to be the most widely recognized event in the pharmaceutical filed. More»
Islam Salah - 2017-01-21 13:24:26
Turkish industrial conglomerate Koç Holding, the founder of domestic appliance and consumer electronics brand Beko, is keen to boost its investments in Egypt in the coming period. Egyptian Minister of Investment Dalia Khorshed has met Friday with officials in Koç Holding on the sidelines of World Economic Forum in Davos, Switzerland. Khorshed said the Turkish conglomerate comprises 100,000 employees, operating in European and Asian markets, in the financial, banking, durable goods, food, energy, tourism, construction, international trade, information technologies, automotive, and defence sectors. The Egyptian minister has also held a number of meetings in Davos with officials in UAE Al-Futtaim Group, Citibank, Credit Suisse, and Lazard Group, who all expressed interest in taking part in Egypt’s promotional campaigns to attract new investments. More»
Enas Shaaban, Sanaa Allam - 2017-01-21 13:02:45
Egyptian dairy maker Arabian Food Industries Company-Domty is scheduled to finish its investment plan within the second quarter of 2017, Head of Investors Relations Ahmed El-Homosany stated Thursday. The company started executing the plan at the beginning of 2016. Speaking to Amwal Al Ghad, the official added that the total investments of Domty's plan are estimated at around 100 million Egyptian pounds ( around US$5 million). "Large part of these investments would be allocated for purchasing new cars for distribution," El-Homosany stated, adding that the number of cars is expected to reach 300. Meanwhile, the other part of the investments would be dedicated for adding new machines. Domty seizes around 40 percent of cheese market and 7 percent of juice market in Egypt, the official said, clarifying that the company exports to a number of states including Jordan, Lebanon, Italy, Russia, and East Africa. More»
Sanaa Allam - 2017-01-21 12:03:26
Egyptian exports to the Emirati market jumped 178.9 percent in January-October 2016 to 18.3 billion Egyptian pounds (US$971 million) opposed to US$6.5 billion pounds a year earlier. According to the monthly bulletin released by Egyptian statistics body CAPMAS, Egypt's exports to the UAE reached 1.9 billion pounds in October 2016 opposed to 682.7 million pounds in October 2015, making a 184.5 percent increase. Gemstones and pearls seized 59 percent of Egypt's total exports to the Emirati market during the first ten months of 2016 since their exports recorded 10.8 billion pounds versus 358 million pounds at the same period of 2015, marking a 2913 percent increase. In January-October 2016, Egyptian exports of fruits to UAE rose by 17.3 percent to 508 million pounds versus 433 million pounds, the bulletin stated. On the other hand, Egyptian exports of machines, electric sets and their parts to the Emirati market declined by 24 percent during the first ten months of 2016 to 1.9 billion pounds compared to 2.5 billion pounds at the same period of 2015. More»
Hisham Ibrahim - 2017-01-21 10:24:26
Italian heating systems producer Ariston Thermo plans to inject new investments in Egypt to manufacture home and electric appliances, Egyptian Trade and Industry Minister Tarek Qabil stated Friday. During his meeting with company's Executive Chairman Paolo Merloni, Qabil noted that the new investments would be dedicated for covering needs of the Egyptian market in addition to exporting. The total volume of Ariston's sales are estimate at €1.43 billion annually since its products are distributed in 150 states. On the other side, Minister Qabil held a series of meetings with a number of large international firms on the sidelines of the World Economic Forum held in Davos that ended on Friday. Qabil also met with the Chairman of K-cap company that works in fields of mining a well as petrochemicals and petroleum products. During the meeting, the company expressed its keenness on investing in Egyptian fertilizers sector. Moreover, the minister asserted on the privileges provided by the Egyptian government to attract foreign investments through the economic reform programme. More»
Amwal Al Ghad English - 2017-01-19 15:00:39
Egypt's biggest car assembler GB Auto (AUTO.CA) denied media reports on Thursday about the group’s plans to pump investments in South Sudan. The Egyptian company further said in a bourse filling that news related to such plans are totally untrue. More»