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Industry & Trade
UAE to complete 25 silos in Egypt March 2016
UAE is to finish establishing 25 silos worth US$300 million in March 2016, chairman of the Egyptian Holding Company…
Egypt’s QIZ exports to United States hit $421.5mn in 7 months
Egypt’s ready-made garments exports to the United States, upon the Qualifying Industrial Zone Protocol (QIZ),…
Giant gas find off Egypt could help settlement of Cyprus problem – President
The recent 30 trillion cubic feet gas discovery off the coast of Egypt may offer Turkey an additional incentive to…
Egypt’s ‘supergiant’ gas field production to start in 3 years – Minister
Gas production at the newly-historic-discovered gas field of the Egyptian coast will start in 30 to 36 months, oil…
Egypt’s historic gas find re-writes Israel’s happy ending
Egypt's historic gas discovery threatens to sink Israel's fledgling gas export bonanza, which was counting on deals…
El Sewedy Electric records Q2 net profit of $68.63mn
Egyptian cable maker El Sewedy Electric lifted second-quarter net profit to 537.38 million Egyptian pounds…
Massive gas find promises to ease Egypt’s fuel crisis
The discovery of a huge gas field off Egypt's coast promises to ease a long-running fuel crisis and boost the…
Orascom licenced to build Aswan’s $100mn solar plant
Egypt-based O Capital for Energy, a fully owned by Orascom Telecom, Media & Technology, has obtained a licence…
Investment in Eni mega gas field in Egypt to reach $7bn
Total investment in a large gas field discovered by Eni off Egypt's coast is expected to reach $7 billion, Egypt's…
Chinese investments in Egypt record US$480mn
The total volume of Chinese investments in Egypt is estimated at US$480 million, Trade and Industry minister Monir…