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Industry & Trade
Siemens launches SICEMENT Electrification system to enhance Egypt’s cement sector
German industrial giant Siemens is set to launch SICEMENT Electrification system on August 18 to enhance cement…
GE’s $250 million Doosan deal will boost revenue
General Electric Co's (GE.N) recent purchase of part of Doosan Engineering & Construction Co Ltd (011160.KS) of…
Food subsidy card system to be managed by Egyptian military production ministry
Egypt's smart-card system for selling subsidised food will soon fall under the authority of the military…
Jewelry maker L’azurde to invest $5.6mn in Egypt by 2016
Largest jewelry designer, manufacturer, and distributor in the Middle East L'azurde plans investing 50 million…
Egypt’s Amer Group profits down 60% in Q1, reports $802mn
Egypt leading real estate developer Amer Group Holding (AMER.CA) posted a decline of 60% in net profits for the…
Egypt’s El Barbary Investment Group profits up 32% in Q2 2016
Egypt-based El Barbary Investment Group SAE -BIG (BIGP.CA) reported an increase in the second quarter’s profits and…
Textiles exports to rise by 20 percent; Egypt’s trade minister says
Exports of Egyptian textiles sector are planned to be increased by 20 percent, trade minister Tarek Qabil announced…
Korea upgrades 4 vocational training centres in Egypt with cost of $4.5mn
Egyptian industry ministry developed four vocational training centres in automotive field in cooperation with Korea…
On space of 33mln m2, Egypt studies building industrial zone in Faiyum
Egyptian industry ministry is currently studying the technical studies necessary for establishing inclusive…
Trade ministry approves new rules of Egypt’s export support programme
Egyptian Export Support Development Fund approved seven axes of state's export support programme that were…