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Industry & Trade
UK Subsea 7 wins Egypt’s Pharaonic Petroleum EPCI Deal
The UK-based subsea engineering, construction and services company Subsea 7 announced Thursday it has been awarded…
Power minister submits report to Sisi on Dabaa nuclear plant talks
Minister of Electricity Mohamed Shaker submitted a detailed report to President Abdel Fattah Al-Sisi on the most…
Trade exchange with Kenya recorded $513m in 2015: Egypt’s Qabil
The trade exchange between Egypt and Kenya reached US$513 million in 2015, Egyptian Trade Minister Tarek Qabil…
$400 million worth of Singaporean investments in Egypt: minister
Singapore’s investments in Egypt have reached $400 million, Egyptian Investment Minister Dalia Khorshed said…
Supply ministry suspends two mega projects until re-conducting studies
Egyptian supply ministry is currently re-conducting feasibility studies of Damietta Logistics Centre and …
BHP expects signs of recovery in mining, says production steady
The world's third-largest iron ore miner BHP Billiton signaled budding signs of recovery in the long downtrodden…
Russia, Egypt study inking PTA by 2017 to hike intra-trade volume
Egypt studies signing a Preferential Trade Agreement (PTA) with Russia by the beginning of 2017 to boost volume of…
Chemicals exports hit $2bn in eight months- Egypt’s CEC
Egyptian total exports of chemicals products rose by 7 percent during the first eight months of 2016 to US$2.023…
Beverage maker Juhayna invests $45m to expand in Egyptian market
Egyptian beverage and yogurt maker Juhayna for Food Industries finished injecting 400 million Egyptian pounds…
CBE allocates $1.8b to secure strategic goods reserves for 6 months
Egypt's central bank has allocated $1.8 billion to ensure six months of reserves in all strategic goods, Supply…