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Industry & Trade
Raya Auto invests EGP 200 mln in local EV assembly over 3 years
Raya Holding’s automotive arm, Raya Auto, is investing 200 million Egyptian pounds ($12.7 million) in the local…
World Bank mulls $640 mn loan to fund Egypt’s railway upgrades
The World Bank is studying $641.2 million loan to fund a project to improve safety provisions on the railway line…
Egypt launches second export support initiative
The Egyptian Ministry of Finance announced the launch of the second initiative for supporting small exporters under…
Egypt’s exports of chemical industries would reach $5bln by 2020 end
Egypt's chemical industries exports would reach $5 billion by the end of this year 2020, Chairman of The Chemical…
Raya’s E-payment arm, Aman, will offer stakes in EGX next year
Raya Holding's electronic payment arm, Aman for E-payment Services will finish formulating a plan for an initial…
Egypt announces end to Kenya’s tariff crisis
he Egyptian Minister of Trade and Industry, Nevine Gamea, announced an end of a crisis that affected exports to…
Egypt targets 40% increase in engineering exports to Africa by 2021-end
The Engineering Export Council of Egypt announced that it is looking to increase its exports to the African market…
Egypt’s Eva Pharma to export 1st batch of coronavirus treatment Favipiravir
Egyptian drug-maker, Eva Pharma, is ready to start exporting “Favipiravir” an anti-viral compound that has proven…
Egypt’s onion exports surge 20% in two months
Egypt's exports of onion rose 20 percent in two months, said head of he Central Administration for Agricultural…
Sovereign fund to acquire ministries’ headquarters after government move to New…
The Egyptian cabinet affirmed that the headquarters of the ministries will be acquired by the Sovereign Wealth Fund…