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Industry & Trade
$6.2bln Volume Of Egyptian-Chinese Trade In 6 Months
The volume of Egyptian-Chinese trade exchange reached dlrs 6.2 billion in the first half of 2015, the deputy head…
Egypt’s Edita Q2 net profit steady at 66.96 mln Egyptian pounds
Aug 13 Egypt's Edita Food Industries reported a second-quarter net profit of 66.96 million Egyptian pounds ($8.56…
Egypt’s Startups Starting to Grow Up
Four years ago Egypt’s January 25 revolution lit a bonfire under the nation’s political imagination and heralded…
Supply Ministry pumps $67mn to upgrade FIHC Affiliates
Ministry of Supply and Domestic Trade is to pump EGP525million (US$67 million) in fiscal year 2015-16 to upgrade…
Oriental Weavers’ H1 net profits hit 276 million Egyptian pounds
Egypt’s largest carpet-maker Oriental Weavers (ORWE.CA) reported first half net profit of 276,8 million…
Orascom Construction unit wins $245mn Texas housing project
Orascom Construction said Thursday The Weitz Company, a wholly-owned subsidiary, had been selected to design and…
India, Egypt Interested in Purchasing Russia-Made Underwater Equipment
India and Egypt have expressed interest in the purchase of underwater equipment and diving systems made…
Egypt, Norwegian BW Group Sign FSRU Deal
Egypt has signed a five year agreement to lease its second Floating Storage & Regasification Unit (FSRU),…
Local Steel Factories can meet Needs of Egypt’s New Capital Project
The capacities of local steel factories can meet the needs of the New Administrative Capital project and other…
GE to sell Healthcare Finance Business to Capital One
General Electric Co (GE.N) said it would sell its U.S. healthcare finance unit to credit card lender Capital One…