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Industry & Trade
National natural gas grid transports 210mn cubic feet daily- Egypt’s Gasco
Egyptian national natural gas grid transports around 210 million cubic feet of natural gas per day by the beginning…
Export councils eye building 12 logistics centres to enhance Egypt’s exports
Egyptian Export Council of Medical Industries is currently conducting financial and technical studies necessary for…
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 TEDA to implement two projects in Gulf of Suez with $410mln-investments
Egypt TEDA Investment Company signed two contracts to establish projects in the Northwest Special Economic Zone of…
Capital commodities imports rose 8.2% in 5 months- Egypt’s CAPMAS
Egyptian imports of capital commodities rose by 8.2 percent in January-May 2016 to around 32.9 billion Egyptian…
Egypt’s ElSewedy unit inks $21.3 mln power deal in Saudi Arabia
A subsidiary of Elsewedy Electric (SWDY.CA) has signed Tuesday a 80 million Saudi riyals ($21.3 million) contract…
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…