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Industry & Trade
Qatar Airways reports $1.92 billion loss amid coronavirus crisis
Qatar Airways reported a loss of 7 billion riyals ($1.92 billion) on Sunday for the year ending March 31, as the…
Europe is facing a double-dip recession as coronavirus second wave arrives
Europe is now grappling with a second wave of coronavirus infections that could once again wreak significant damage…
Egypt’s industries federation expects Africa free trade Agreement to see light early…
The African Continental Free Trade Area will come into effect early next year as 30 countries in the continent have…
Euro zone recovery slows in September as coronavirus infections rise
Euro zone business activity has taken a hit in the month of September as countries face a second wave of…
US represents 17% of Egyptian glass exports in 7M
The US has accounted for 17 percent of the total Egyptian exports of glass and its products in the first seven…
Egypt’s GASC purchases 405k tonnes of Russian wheat in global tender
The Egyptian General Authority for Supply Commodities (GASC) purchased 405,000 tonnes of Russian wheat in an…
Egypt assigns EGP 13bn for low-income under consumer spending initiative
Egypt's finance ministry revealed that an amount of 13 billion Egyptian pounds has been allocated to ration card…
Egypt’s manufacturing index falls 6.5% in July – CAPMAS
Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, fell by 6.5%…
La Mancha, Centamin, Barrick Gold bid for Egypt’s gold mining tender
Canadian mining firm Barrick Gold, Naguib Sawiris’ La Mancha, and Egypt-focused Centamin are among the companies…
East Mediterranean Gas Forum officially turns into an Egypt-based organisation
Six states signed a charter for an Egypt-based energy forum on Tuesday, giving formal status to a group that seeks…