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Industry & Trade
Egypt’s Crude Oil Reserves Hit 4 billion Barrels – Minister
Egypt’s current proven reserves reached 4 billion barrels of crude oil and around 67 trillion cubic feet of natural…
ITDA to Offer 300 Feddans in 5 Egyptian Governorates with EGP12bn Investments
The Internal Trade Development Authority is planning to offer around 300 feddans in 5 governorates by next December…
100 Greek Companies Target IT and Energy Investments in Egypt
100 Greek companies are planning for new investments in Egyptian market, in fields of waste conversion, energy, IT,…
IDA Plans Egypt’s ‘Golden Triangle’ Project Completion within 3 Years
The Egyptian Industrial Development Authority (IDA) intends to carry out the ‘Golden Triangle’ project within three…
Power Plant In Ain Sokhna Starts Producing 650 MW
An Egyptian power plant, run by natural gas and mazut, will start the production of 650 MegaWatts of electricity on…
IDA Eyes EGP13bn Investments for Egypt’s White Sand Projects
Egypt’s Industrial Development Authority (IDA) plans to allure investments worth 13 billion Egyptian pounds (US$1.8…
USAID Tamped down Internal Criticism over Egypt Work: Report
Auditors and employees at the U.S. Agency for International Development say critical assessments of the agency's…
Egypt Buys 1.7 Million Tons of Wheat in 100 Days
Egypt, the world’s top wheat importer, has bought 1.7 million tonnes of wheat on the international market in…
Edita Food Industries Plans EGP1bn New Investments in 3 Years
Egypt’s snack food provider, Edita Food Industries is planning fresh investments worth one billion Egyptian pounds…
Dana Gas Receives $47 million in Debt Payment from Egypt
UAE's Dana Gas said on Thursday it received $47 million from Egypt, $36 million of which is in local Egyptian…