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Industry & Trade
Tourism would be back in Luxor starting September
Egypt announced that tourists would be back in Luxor tstarting from the beginning of September.
Egypt’s economic growth to surge 2% in 2020 amid coronavirus – AMF
All Arab countries economies are expected to shrink, except for Egypt's economic growth that is set to increase two…
Egypt’s planned manufacturing investments at EGP 80.6bn during 2020/2021
Egypt's estimated investments planned for the manufacturing industry during the fiscal year (FY) 2020/2021 amounted…
Company managing Egyptian Commodity Exchange will be announced next week
Egypt to announce the establishment of new company to manage commodities exchange in a press conference next week…
MSMEDA pumps EGP 1.1bn into 55k projects in Qena
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has granted 1.1 billion Egyptian pounds to…
Egypt brings online new crude pipeline at El Hamra oil port
Egypt brought an online new crude oil pipeline at El Hamra oil pipeline port project in New Alamein City and set…
U.S, China to hold trade talks in the coming days, official says
Washington and Beijing will be get back to the negotiating table for trade talks in the coming days, according to…
Egypt’s arrears to foreign oil companies drop to $850 million end-June – minister
Egypt’s arrears to foreign oil companies fell to $850 million by the end of June from $900 million the same period…
FinMin seeks to pass a new bill to cancel tax exemptions on returns from treasury bonds
The state treasury expects to net as much as 34 billion Egyptian pounds in additional income from a bill approved…
Marks & Spencer to cut around 7,000 jobs amid coronavirus sales slump
British retail giant Marks & Spencer to cut around 7,000 jobs as part of a further shake-up of its stores and…