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Industry & Trade
Egypt puts state-companies stake sales on ice due to “unfavourable” market: minister
Egypt has shelved its plan to sell stakes in state-owned companies due to the “unfavorable” market conditions…
Egypt unravels new goldmine in Eastern Desert with more than 1M ounces
Egypt discovered new goldmine in the Eastern Desert, with reserves estimated at more than one million ounces of…
Egypt’s steel, iron, cement exports decline 41.4% in 5 months
Egypt’s exports of iron, steel, and cement decreased 41.1 percent in the first five months 2020 to record $254…
Egypt’s chemical industries make up $60bn annually
The annual production of the Egyptian chemical industries recorded about $60bn, according to Khaled Abu Al-Makarem,…
Egypt’s trade balance deficit falls 45% in April – CAPMAS
Egypt’s trade balance deficit declined 45 percent to $2.36 billion in April from $4.28 billion last year, the…
BP to sell petrochem business to INEOS for $5bn
BP, the London-based international oil company, has approved selling its global petrochemicals business to INEOS,…
Saudi Grant Committee provides Egypt with $12.3mn to finance projects for SMEs
The Saudi Grant Management Committee’s board approved the financing of five projects in Egypt with a total fund of…
Egypt’s Eva Pharma to export 50% of its production in 3 years
Egyptian drugmaker Eva Pharma said that aims to increase the volume of its exports during the next 3 years to…
East Port Said Development to receive 1.5 sqm in Suez canal axis
East Port Said Development company is set to receive 1.5 million metre square from the Suez Canal Economic Zone…
Egypt develops power stations in SCZone at EGP4.4bln
The Suez Canal Economic Zone (SCZone) has completed a number of power stations in partner with industrial devlopers…