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Industry & Trade
Egypt petrol subsidy bill drops 29% in FY2015-2016
Egypt's spending on petroleum subsidies fell by 28.7 percent in the 2015-16 financial year to compared to one year…
Cairo Cotton Group earmarks $100 million for new investments in Egypt
Cairo Cotton Group, an exporter to Levi Strauss, Calvin Klein, and other international brands, is planning to pump…
Egypt’s Al Ezz Dekheila reports more losses in Q2 and H1
Egypt's Al Ezz Dekheila Steel – Alexandria (IRAX.CA), a unit of Ezz Steel, announced on Tuesday it recorded deeper…
China’s CFLD determined to pump $20 bln into Egypt new capital city
Beijing-based Industrial city operator China Fortune Land Development Co., Ltd. (CFLD) is determined to carry out a…
Egypt, UAE, and Kuwait markets full of PPP potential
The UAE, Egypt, and Kuwait have been identified as three of the main markets that are likely to offer more…
Egypt selects Glencore, Trafigura and B.B. Energy for LNG tender
Egypt has chosen Glencore, Trafigura and B.B. Energy to supply three liquefied natural gas (LNG) shipments…
Finland trade minister heads trade mission to Egypt on Sept 26
Finland’s Minister for Foreign Trade and Development Kai Mykkänen will be heading a trade delegation to Egypt on…
General Company for Silos: Q4-FY2015/16 profit hits $5.1 million
Egypt’s General Company for Silos and Storage (GSSC.CA) reported higher profits for the fourth quarter of financial…
KIMA denies receiving Egypt Chemical Industries Holding’s loan
Egyptian Chemical Industries -KIMA (EGCH.CA) said it had not received a new loan worth of 300 million Egyptian…
Egypt signs $595 mln oil, gas agreements with BP, Eni’s unit
Egypt has signed Saturday three agreements for oil and natural gas explorations that are expected to bring in new…