Browsing Category
Industry & Trade
Egypt to open developed textile factories with latest technologies by 2022, minister
Egypt is set to inaugurate several spinning and weaving factories after being upgraded and supplied with the latest…
Oriental Weavers subsidiary agrees with 9 local, Arab firms to invest in SCZone
Oriental Industrial Development, a subsidiary of Oriental Weavers Group, said that it has signed agreements with…
Sawiris-backed Endeavour Mining in merger talks with West Africa Teranga Gold
Canada’s Endeavour Mining, 24.12 percent owned by the Sawiris family, is in talks over a merger with West…
Ibnsina Pharma has acquired a 75% stake in 3elagi platform
Ibnsina Pharma has signed an agreement to acquire a 75% stake in 3elagi healthcare aggregator platform, which owns…
Egypt’s headline inflation rises 2.3% in October – CAPMAS
Egypt’s consumer price index (CPI) registered 109.9 points in October, rising by 2.3 percent from September,…
Egypt’s food exports rise by 2 percent to $2.6bn in 9M
Egypt’s food exports increased by 2 percent year-on-year (YoY) to $2.6 billion during the first nine months of…
Egypt-COMESA trade exchange increases to $3.9bn in 2019
Trade exchange between Egypt and the members of the Common Market for Eastern and Southern Africa (COMESA) grew by…
China’s October exports surge, imports rise amid global recovery
China exports grew at the fastest pace in 19 months in October, while imports also rose, official data picked by…
Cabinet denies reports of EgyptAir’s privatisation
The Egyptian Cabinet that the rumors alleging the government’s plans to privatise EgyptAir for the benefit of…
Egypt’s textile exports post $561m in 9M
Egypt’s exports of textiles amounted to $561 million during the first nine months of 2020 as the sector recovered…