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Industry & Trade
Russian Helicopters seeks to expand in Egypt
Russian Helicopters, a part of State Corporation Rostec, announced plans to expand its operations in the Egyptian…
BP: U.S. overtakes Russia and Saudi Arabia as Biggest Oil Producer
Shale producers pushed the United States past Saudi Arabia and Russia to become 2014’s largest oil producer,…
Centamin Egypt pumps US$607 million in Sukari Gold Mine
Gold miner Centamin Egypt has injected US$607 million worth of expansions into Egypt’s Sukari gold mine, general…
Sawiris Family Plans To Invest In Ethiopia: Official
Ethiopia received a request from the Sawiris family to invest in the country’s hotels sector, according to the…
Sisi: Egypt hosts Africa’s Trade and Investment Forum next Oct
Egypt will be hosting Africa’s investment and trade forum next October, President Abdel Fattah al-Sisi announced…
African nations ink Initial Agreement to unify Main Trade Blocs
Representatives from 25 African nations signed Wednesday an initial agreement to create a free-trade zone linking…
Egypt seeks launching $655mln-Fund to finance Infrastructure Projects
Egyptian Cabinet is studying creating governmental fund with capital worth EGP 5 billion (US$ 654.9 million) to…
Egypt’s Oriental Weavers eyes US$721mln-exports end 2015
Egypt’s leading carpet manufacturer Oriental Weavers Group eyes achieving exports volume of EGP5.5 billion (US$ 721…
Sisi opens Sharm El-Sheikh Tripartite Summit of EAC, SADC, COMESA
Egyptian President Abdel Fattah al-Sisi has inaugurated Wednesday the Tripartite Summit of the East Africa…
Egypt’s ECHEM boosts its Production Units’ Capacity by 25%
The Egyptian Petrochemicals Holding Company (ECHEM) has implemented a project to develop its production units so as…