Six firms negotiate to carry out projects in new capital
Egypt’s state-owned Administrative Capital for Urban Development (ACUD) is currently studying 6-5 offers from…
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New Capital’s Business District will be financed by Chinese loan of $3.2 bln
Egypt's state-owned Administrative Capital for Urban Development (ACUD) said that the Business District implemented…
Egypt negotiating with French firm to mange electricity grid in New Capital
Egypt's state-owned Administrative Capital for Urban Development (ACUD) is currently negotiating with the French…
Avena to start its new plant production next April
Port Said Co. for Electrical Industries – Avena Group announced that its new plant in the Port Said industrial zone…
5 states seize 27.6% of Egypt’s exports in first 11 months of 2018
Five countries captured 27.6 percent of Egypt’s total exports to register $7.325 billion during the…
Egypt’s cement production to reach 23mln tons surplus by end-2019
Egypt's cement production surplus will reach 23 million tonnes by the end of the current year, Noha Bakr Executive…
Suez Canal Economic Zone’s FY202017/18 profits rise 26%
Egypt’s Suez Canal Economic Zone (SCZone) posted a 26 percent surge in its profits to 1.631 billion Egyptian pounds…
Egypt’s IDA seeks to finish preparing its regulating law this week
Egypt’s Industrial Development Authority (IDA) seeks to complete preparing the operating regulation of the law that…
Egypt’s non-oil exports rise 10% in 2018
Egypt’s non-petroleum exports increased 10 percent to $24.826 billion during 2018 from $22.626 billion during 2017.
21,058 new firms launched in Egypt in 2018
The number of firms established in Egypt during 2018 increased 12.7 percent to 21,058 from 18,378 during 2017, said…