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Industry & Trade
Annual urban consumer price inflation drops 14% in September: Egypt’s CAPMAS
Egypt's annual urban consumer price inflation eased to 14.1 percent in September from 15.5 percent in August, the…
Sugar reserves sufficient until next February: Egypt’s Supply Minister
Egypt's strategic reserves of sugar are safe and sufficient until February 2017, Supply Minister Mohamed Ali…
Cairo Chamber says state’s importing bill to drop by $8bn end-2016
Egypt's bill of importing commodities is expected to drop by US$8 billion by the end of 2016 due to the ongoing…
Maltese imports to Egypt record $529mn in six months
The indicators of Egyptian imports from Malta witnessed a 36.5 percent increase during the first half of 2016. The…
Eni to start drilling 6th well in Egypt’s Zohr field with $4bn
Italian energy giant Eni is set to start drilling the sixth and last gas well in Egypt's Zohr field in the…
China says EU duties on Chinese steel are unfair
China's Commerce Ministry has expressed concern and regret after the European Union set provisional import duties…
Resuming Egypt’s commodity stock relies on supply ministry’s direction: EFSA
Resuming the establishment of a commodity stock exchange depends on the direction of the recently-appointed Supply…
China’s yuan global push to facilitate Chinese investments in Egypt: experts
The Chinese yuan's recent inclusion in the International Monetary Fund (IMF)'s Special Drawing Rights (SDR) basket…
Shell lowers investments in Egypt’s Borollos, Rasheed concessions to $159m
Royal Dutch Shell reduced its investments for the current fiscal year (FY) in Borollos and Rasheed concessions to…
Oil ministry: 1M butane gas canisters injected daily to cover Egypt’s needs
Egyptian petroleum ministry pumps one million butane gas canisters every day to secure needs of local market,…