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Industry & Trade
Carrefour sales drop as weak currencies, gas weigh
French retailer Carrefour SA announced Friday that first-quarter sales fell, hit by lower revenue from fuel and…
Eni focused on starting up its Egypt gas field Zohr by 2017-end: CEO
Italy oil giant, Eni is focused on starting production at its giant offshore Zohr gas field in Egypt by end-2017,…
U.S. General Electric investments in Egypt hit $340mn
The investments of the U.S.-based conglomerate corporation General Electric in Egypt is currently estimated at…
Sisi, Hollande to inaugurate business forum next Monday
Egypt’s President, Abdelfattah al-Sisi, and his counterpart the French president François Hollande will inaugurate…
France-Egypt trade exchange retreats 1.14%
The volume of trade exchange between Egypt and France declined by 1.14 percent in 2015 to €2.583 billion versus…
AmCham-Egypt to knock U.S. doors on April 17
The American Chamber of Commerce in Egypt (AmCham) will send its Annual Doorknock Mission to the United States from…
Engineering council seeks boosting Egypt’s exports to $2.7bn in 2016
Engineering Export Council of Egypt (EEC) eyes increasing sector's exports by 15 percent in 2016 to hit US$2.750…
Egypt to send promotional campaign, hold plastic exhibition in Portugal end-2016
Egyptian Chemical and Fertilizers Export Council (CEC) plans sending promotional campaign and organising exhibition…
Egypt allocates industrial lands to investors for free
Pieces of land in some of Egypt’s industrial zones can now be allocated gratis to investors according to a new…
Egyptian polyethylene producer Sidpec exports 90K tonnes, sales hit $338mn
The total sales of Sidi Kerir Petrochemicals Company-Sidpec in 2015 recorded around 3 billion Egyptian pounds…