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Industry & Trade
Egypt pays EGP 6bn overdue subsidies in FY19/20 as part of export support programme
Egypt disbursed 6 billion Egyptian pounds worth of overdue export subsidies to 1,667 companies during fiscal year…
Ibnsina Pharma to establish new healthcare investment firm, considers several investment…
Ibnsina Pharma (ISPH) is set to establish a new company for investment in different unnamed pharma manufacturing…
Egypt’s wheat storage capacity exceeds 4 mln tonnes – official
Egypt’s wheat storage capacity has increased to more than 4 million tonnes, up from a capacity of 3.6 million…
Danone first to work under French “PACTE” law to resonate with its moto “One Planet. One…
Danone was declared during its annual general meeting as the first ‘Entreprise à Mission’ under the French “PACTE”…
Amer group signs with Sarwa, Misr Capital to get into corporate Sukuk activity
Amer Group have signed with Sarwa Capital and Misr Capital Investments, Banque Misr’s investment arm, as advisors…
Egypt setting up e-commerce online platforms in African market – minister
Egypt is working on setting up online platforms for e-commerce to boost trade exchange with countries that have…
Egypt registers lowest new coronavirus cases of 703, 68 deaths
Egypt registered a record low of 703 new coronavirus cases on Friday, upping the total number of confirmed cases to…
Carlyle, Cairn Energy-backed firm among bidders for Shell’s Egyptian assets
Buyout firm Carlyle and a consortium backed by Cairn Energy are among the bidders for Royal Dutch Shell’s onshore…
German retailers set for worst downturn since WWII
German non-food retailers will see sales drop by around 22 percent this year if there is no second wave of…
Eva Pharma doubles antibiotics, blood clotting drugs production to help in treating…
Egypt-based Eva Pharma, manufacturing and sale of remdesivir, said that the company has doubled the production…