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Investment
Egypt’s tobacco manufacturer, Eastern Co mulls producing e-cigarettes
Eastern Co. is currently considering the possibility of producing electronic cigarettes as studies suggest that…
Egypt’s engineering exports record growth rate of 9.8% in 11 months
Egypt’s engineering exports increased by 9.8 percent to record $1.8 billion in the first eight months (8M) of…
AstraZeneca raises 2021 Egypt sales forecast to 20%
British drugmaker AstraZeneca raised its growth target for its 2021 sales in Egypt to 20 percent, up from 16…
Egypt’s strategic staple reserves sufficient for 4-6 months, wheat until June-end
Egypt’s strategic reserves of staple commodities are enough to cover the country’s needs for up 4 or 6 months, the…
Egypt’s food exports to Kenya seen a leap in growth by 111% in 7 years
Egypt’s food industry exports to Kenya recorded a significant growth of 111 percent between 2014 and 2020,…
Egypt signs MoU with France’s Thales to develop apps, build capacity in AI
Egypt's Ministry of Communications and Information Technology (MCIT) has signed a MoU with Thales, a global…
Intra-trade between African countries to jump 40% after AfCTFA deal, official
The volume of the intra-trade between the African counties will reach 30-40 percent after the mammoth African…
Coca-Cola plans to invest EGP 1 billion in Egypt this year
Coca-Cola plans to invest around 1 billion Egyptian pounds ($63.6 million) in Egypt this year, its country general…
Egypt is launching an EGP 250m cotton seed oil extraction company
Egypt will be seeing the establishment of a joint venture (JV) for cotton seed oil extraction, after an agreement…
Egypt agrees with a Russian firm to supply low-enriched nuclear fuel components during…
Egyptian Atomic Energy Authority (EAEA) has signed an agreement with Novosibirsk Chemical Concentrates Plant…