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Industry & Trade
Egypt, Greece sign maritime demarcation agreement
Egypt signed a maritime demarcation agreement with Greece to set up an exclusive economic zone.
Egypt’s GASC gets offers in wheat bids for Sept. shipment – traders
Egypt's General Authority for Supply Commodities (GASC) on Wednesday received offers for wheat in an international…
Egypt may lose out on tourism revenues worth more than 2% of its GDP during 2020: IMF
Egypt could lose out on tourism revenues worth more than 2 percent of its GDP this year due to global travel…
Egypt’s food exports increase 2.2% to record $1.8bn in H1-20
Egypt’s food exports increased by 2.2% year-on-year (YoY) to $1.8 billion during the first half (H1) of 2020.
B Investments in talks to sell 20% of stake in Total Egypt
B Investments Holdings, a top-tier private equity firm, has started initial negotiations to sell 20 percent of its…
Centamin earnings jump on strong gold prices, higher Egypt mine output
Gold miner Centamin Plc reported higher first-half pretax profit, buoyed by increased output from its Sukari mine…
Leather products sales in Egypt see 25% increase during Eid al-Adha
The Egyptian leather market has seen a sales growth between 20 percent and 25 percent during Eid al-Adha holiday in…
Lekela is directing “most” of its investments into Egypt renewable energy sector
Actis-backed Lekela Power is planning to direct “most” of its investments in the coming period to Egypt, Lekela…
Egypt attracts 32% of total FDIs in the Arab region with in 5 years
Egypt was the top destination for FDI in the Arab world during the past 5 years, getting $124.5 billion worth of…
Egypt’s arrears to foreign oil firms drop to $850mn end-June: minister
Egypt’s arrears to foreign oil companies decreased to $850 million at the end of June from $900 million last year,…