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Industry & Trade
Egypt’s manufacturing index rises 1.6% in September
Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, grew by 1.6…
China official manufacturing PMI for November beats expectations
China said on Monday that manufacturing activity expanded for the ninth straight month in November as the world’s…
Revenues from tax represent over 80 percent of Egypt’s state budget – official
The Egyptian Tax Authority’s (ETA) revenues accounted for more than 80 percent of the state’s general budget, said…
Exports of chemical industries seen $4.153 bln in 10 months
The chemical and fertilizers sector's exports hit $4.153 billion during the period from January to October 2020,…
Egypt’s El Sewedy Electric 9-month net profit falls 30.5% amid coronavirus
Egypt’s El Sewedy Electric reported on Sunday a 30.5 percent decline in net profit for the first nine months of the…
NBE expects to acquire minority stakes in Aman for by December-end, reports
The National Bank of Egypt (NBE) is expected complete its acquisition of a minority stake in the Aman Holding for…
Philip Morris Misr says committed to delivering a smoke-free future
Philip Morris International has taken a series of initiatives to ensure the safety and well-being of its people and…
Amoun Pharma may be Saudi, Abu Dhabi Wealth Funds’ next target
Amoun Pharma could be the target of a joint acquisition bid by the Emirati and Saudi sovereign wealth funds, who…
Egypt’s has exported 4.8 mln tonnes of agriculture products in 11 months –…
Egypt's agricultural exports have reached around 4.8 million tonnes from 1 January to 25 November 2020, the…
Egypt invests EGP 105m to develop power grids in 5 governorates
Egyptian Ministry of Electricity and Renewable Energy said that it has invested around 105 million Egyptian pounds…