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Industry & Trade
Egyptian business tycoon, carpet king Mohamed Farid Khamis dies at 80
The Egyptian business tycoon Mohamed Farid Khamis died on Saturday at the age of 80 who was the founder of the…
EGP6 bn investments pumped into renewable energy projects in Egypt
Egypt’s renewable energy projects sees 6 billion Egyptian pounds total investments including governmental and…
Egypt sees $120m exports to Brazil in 8 months
Egypt's exports to Brazil recorded around $120 million in the first eight months of 2020, The Head of the…
Egypt’s non-oil exports record $14.26 bln so far
Egypt’s non-oil exports amounted to roughly $16 billion during the first eight months of 2020, compared to $16.752…
Egypt to establish its first multiple unit train factory – ministry
Egypt will establish its first factory in the North African country to produce multiple unit trains that use…
IKEA to inaugurate permanent branch in Egypt next March
IKEA, the Swedish home furniture and accessories brand, announced on Wednesday it will inaugurate a permanent…
EU wants 30% of its massive stimulus plan to be raised via green bonds
EU will be tapping the markets at an unprecedented scale next year and 30 percent of the funds should be raised…
Egypt pumps EGP 100bn investments in educational sector in 6 years
Egypt has pumped 100 billion Egyptian pounds investments into the educational sector during the last six years,…
Kenya backtracks from slapping 25% tariffs on Egyptian exports
Kenya has made U-turn on its decision to impose 25 percent tariffs on Egyptian exports. Kenya has proposed to…
Egypt’s commodities exchange plans to add iron, gold, cotton to its spot-trading platform
Egypt’s commodities exchange is planning to add some non-agricultural produces such as iron, gold, and cotton to…