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Industry & Trade
UNCTAD: Egypt remains Africa’s top destination for FDI despite pandemic
Egypt remains Africa’s top foreign direct investment (FDI) despite the 39 percent drop witnessed in 2020 due to…
Sisi: Egypt’s mega projects ‘great opportunity’ and ‘promising market’ for foreign…
Egyptian President Abdel Fattah al-Sisi said on Tuesday the size of the ongoing national mega projects is a "great…
Egypt’s GDP seen growing 5.4% in 2021: UN report
Egypt’s gross domestic product (GDP) growth rate is estimated at 0.2 percent in 2020 despite the challenges posed…
EgyptAir reduces its ticket prices by 50% to European countries
EgyptAir has announced a 50 percent discount on economy and business class tickets between Cairo and a number of…
Hikma mulls buying GlaxoSmithKline assets in Egypt and Tunisia
Hikma Pharmaceuticals announced on Tuesday plans to buy GlaxoSmithKline’s stake in some assets including the…
Trade Ministry, Industrial Development Bank discuss increasing support to Egypt’s…
Egyptian Minister of Trade and Industry Ministry and the Industrial Development Bank (IDB) held a meeting to…
UK’s Altus Strategies subsidiary awarded gold exploration licences in Egypt
The Egyptian Mineral Resource Authority (EMRA) is expected to award a number of gold exploration licences in the…
SCZone to launch incentives to attract new investments soon
Egypt’s General Authority for Suez Canal Economic Zone (SCZone) aims at launching a bunch of incentives to attract…
Public sector ministry plans EGP 13bn upgrade for Egypt Aluminum
The Egyptian Ministry of Public Business Sector is planning to upgrade Egypt Aluminum at an estimated cost of 13…
UK’s CDC to pump $1 billion investments for Africa, including Egypt
CDC Group is earmarking some 1 billion Egyptian pounds, $63 million, for infrastructure and finance investments in…