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Industry & Trade
Dues of Egyptian electricity ministry to petroleum sector exceed $5.6bn
The dues of Egyptian electricity ministry to petroleum sector is currently exceeding 50 billion Egyptian pounds…
Siemens wins contract to modernise Egypt’s railway network
German industrial conglomerate Siemens has won a contract by state-run Egyptian National Railways (ENR) to…
Moroccan business mission to visit Egypt on April 25
A Moroccan delegation encompassing large firms is set to visit Egypt on April 25, 2016 for a three-day visit to…
Agadir agreement states trade exchange with Egypt hit $500mn
The total volume of Egyptian trade exchange with sates of Agadir agreement is estimated at around US$500 million…
Oriental Weavers to issue dividend of 0.5 Egyptian pounds/share
Egypt's Oriental Weavers, the world's biggest machine-woven carpet maker, will pay a dividend of 0.5 Egyptian…
Paper products seize 14.4% of Egypt’s chemical exports in 2 months
Egypt's paper products exports have rose 11 percent during January-February 2016 to record 530.6 million Egyptian…
Saudi retailer Panda wins bid to launch commercial chain in Egypt’s Qalyubia
Saudi-based Panda Retail Company won the bid to establish large commercial chain in Egypt's Qalyubia governorate on…
Egypt mulls setting up shipping line to boost exports to Russia
Egypt is studying the creation of a shipping line linking the country with Russian ports, helping to double its…
Saudi Aramco to supply Egypt with petroleum products for 5 years
Egypt has sealed a deal with Aramco stipulating that the Saudi company would supply Egypt with petroleum…
Tesla, buoyed by strong Model 3 orders, may need more cash
An initial flurry of orders has put Tesla Motors' new Model 3 sedan off to a fast start, but the company may need…