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Industry & Trade
FEDCOC Calls Launch of Egypt-Sudan Integrated Economic Council
The chairman of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed El-Wakil called for forming economic…
NBE OKs EGP70 mln Finance for Tanmia Petroleum Co
Tarek El-Barkatawy, Chairman & MD at Tanmia Petroleum Company said his company obtained an initial approval…
Oriental Weavers Plans Stock Split to Spur Liquidity
Egypt's leading carpet manufacturer Oriental Weavers (ORWE.CA) is currently studying conducting a stock split which…
Caracal Energy to Acquire TransGlobe to Add Assets in Egypt
Caracal Energy Inc. (CCAXF), a Canadian oil producer operating in Chad, agreed to buy TransGlobe Energy…
RWE Dea’s Gas Operations in Egypt’s North West Khilala Prove Successful
RWE Dea Egypt – a subsidiary of German energy company RWE AG - reported another positive appraisal of the North…
Egypt Says Food Subsidy Bill To Be $4.31 Billion – Report
Egypt's food subsidy bill will be 30 billion Egyptian pounds ($4.31 billion) this year, an amount that is expected…
Egyptian-Saudi Businessmen Association Pumps EGP 1 Bln Into Agriculture
The Egyptian- Saudi Businessmen Association aims to invest EGP 1 bln to cultivate 100,000 agricultural acres during…
Kia Motors Aims to Boost Sales 20% in Egypt This Year
Kia Motors Corp., an affiliate of South Korea's top carmaker Hyundai Motor Co., aims to raise sales in Egypt’s…
Mercedes Benz Eyes 10% Boosting Sales in Egyptian Market this Year
German luxury car manufacturer – Mercedes Benz is aiming to boost its sales with 10% in the Egyptian market within…
Gulf Investors ‘Genuinely’ Keen on Egypt Market Yet Need Guarantees – Official
Gulf investors are genuinely interested in making more businesses in Egypt but need some guarantees, said Mohamed…