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Industry & Trade
U.S.-Egypt trade exchange falls 21.6% in H1
Trade exchange between Egypt and the United States fell 21.6 percent year-on-year to around 18 billion Egyptian…
Egypt buys 240,000 tonnes of Russian wheat after amending terms
Egypt's state grain buyer General Authority for Supply Commodities (GASC) bought 240,000 tonnes of Russian wheat on…
Eni upgrades potential of Egypt’s gas field Baltim South West
Italian oil and gas giant Eni has upgraded the field potential of Baltim South West to 1 trillion cubic feet (Tcf)…
Cairo-Moscow talks to ease trade tensions showing ‘positive signs’: minister
Egyptian Minister of Trade Tarek Qabil said ongoing talks with Russian government officials to ease a recent ban…
Egypt’s GASC announces new wheat tender as zero ergot policy reversed
Egypt’s state grain importer GASC set a tender on Wednesday to buy an unspecified amount of wheat, few hours after…
Rolls-Royce selects Daily Mail’s Daintith as CFO
Rolls-Royce Holdings PLC (RR.LN) announced Thursday that it has appointed Daily Mail & General Trust PLC's…
Lufthansa says made new pay offer to pilots
Deutsche Lufthansa AG (LHA.XE) announced Wednesday that it has made a new offer to pilots in a bid to resolve a…
Maersk says to split into 2 units: energy and transport
Danish conglomerate A.P. Moeller-Maersk A/S announced on Thursday that it is splitting into two separate units to…
Egypt cancels zero ergot wheat policy following mounting pressure
Egypt has reversed its controversial zero-tolerance policy on the common grains fungus ergot, the government…
Egypt’s exports to COMESA, excluding Nile Basin states, hit $8.4 mln
Egypt’s exports to the Common Market for Eastern and Southern Africa (COMESA), excluding Nile Basin countries, rose…