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Industry & Trade
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…
Egypt awaits a clarification after Kenya imposes 25% tariffs on Egyptian exports
The Kenyan government has imposed 25-percent tariff on Egyptian exports in violation of the COMESA free trade…
Egypt collects EGP 2.7bn customs, taxes from Dekheila, Sokhna ports during August
The Egyptian Customs Authority collected 2.736 billion Egyptian pounds in taxes, customs duties, and other charges…
Libya’s UN-recognized government, Turkey in fresh talks over oil and gas exploration
Libya’s Tripoli-based government is in fresh talks with Turkish officials on exploring nearby oil and gas blocks,…
Egypt to pump EGP 60.6bn investments into oil, natural gas sectors during FY20/21
Egypt seeks to pump 60.6 billion Egyptian pounds investments into the development of the petroleum, natural gas,…
EFG Hermes, CI Capital, Beltone have 9.9% of Egypt’s commodities exchange
The Egyptian Financial Group Hermes Holding (EFG Hermes), CI Capital Holding For Financial Investments, and Beltone…