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Industry & Trade
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…
32 Russian companies keen to invest in Russia’s industrial zone in Egypt
Around 32 Russian companies are keen to invest in Egypt’s anticipated Russian industrial zone in the new Suez Canal…
GB Auto official distributor of US Goodyear Tires in Egypt
EGX-listed GB Auto has been given the distribution rights for Goodyear tires in Egypt as the American tire…
Egypt’s wheat imports falls to 12.7 mln tonnes in 2019/20 – report
Egypt’s wheat imports fell to 12.685 million tonnes during the financial year 2019/2020 from 13.3 million tonnes…