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Industry & Trade
Egypt Targets $15 Bln FDI In FY 2017/2018: Investment Minister
Egypt is targeting $15 billionn in foreign direct investment (FDI) during the fiscal year (FY) 2017/2018, Minister…
Egypt Will Host African Economic Blocs To Create Free Trade Zone: Minister
Egypt will host a conference in December to create a free trade zone between the largest economic blocs in East and…
Egypt Nears Agreement with Italy’s Eni over Revised Gas Prices
Egypt is approaching an agreement with Italian oil major Eni to offer the company a more competitive price for the…
India-Egypt Joint Commercial Committee Kicks off in New Delhi
The 2nd session of the Joint Commercial Indian-Egyptian Committee has kicked off this morning in New Delhi. The…
Domty Aims to Increase Sales to EGP2.5bn in 2018
Arabian Food Industries Co. (Domty), one of Egypt’s top diaries, is targeting sales up to 2.5 billion Egyptian…
Shell Will Not Proceed With Deep Water Research, Exploration In Egypt
Shell Egypt Chairman Jeroen Regtien stated on Friday that “Shell will not apply to any tenders for research and…
Kuwaiti Investors Threaten Egypt With Lawsuit Over Land
Kuwaiti investors who own 26,000 acres of land in Ayat, Giza, intend to prosecute Egypt in international courts. In…
Egypt’s Sisi to Meet US Major Business Delegation Tomorrow
A US business delegation of 66 companies will meet with Egyptian President Abdel Fattah al-Sisi on Monday,…
Slovenia to Cooperate in Egypt’s Global Logistics Centre Project
Slovenia has offered to form an alliance with Egypt with the aim of investing in the latter’s global logistics…
Nassef Sawiris: Egypt Economy Needs EGP200bn Annual Investments
Egypt needs to allure investments worth 200 billion Egyptian pounds (around $28 billion) per year to revive its…