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Industry & Trade
India’s Wipro eyes constructing $66mln-Cosmetics Factory in Egypt
Indian Wipro Ltd is currently studying establishing a cosmetics factory in Egypt, with investments worth 500…
French Development Agency signs €70mn Egypt Loan for Home Gas Delivery
Egypt and the French Development Agency (AFD) have signed a €70 million loan agreement for a project aimed to…
Sainsbury’s boss Mike Coupe acquitted in Egypt Legal Case
Mike Coupe, chief executive of British supermarket Sainsbury's, was acquitted on Thursday by an Egyptian court of…
Russian Helicopters seeks to expand in Egypt
Russian Helicopters, a part of State Corporation Rostec, announced plans to expand its operations in the Egyptian…
BP: U.S. overtakes Russia and Saudi Arabia as Biggest Oil Producer
Shale producers pushed the United States past Saudi Arabia and Russia to become 2014’s largest oil producer,…
Centamin Egypt pumps US$607 million in Sukari Gold Mine
Gold miner Centamin Egypt has injected US$607 million worth of expansions into Egypt’s Sukari gold mine, general…
Sawiris Family Plans To Invest In Ethiopia: Official
Ethiopia received a request from the Sawiris family to invest in the country’s hotels sector, according to the…
Sisi: Egypt hosts Africa’s Trade and Investment Forum next Oct
Egypt will be hosting Africa’s investment and trade forum next October, President Abdel Fattah al-Sisi announced…
African nations ink Initial Agreement to unify Main Trade Blocs
Representatives from 25 African nations signed Wednesday an initial agreement to create a free-trade zone linking…
Egypt seeks launching $655mln-Fund to finance Infrastructure Projects
Egyptian Cabinet is studying creating governmental fund with capital worth EGP 5 billion (US$ 654.9 million) to…