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Industry & Trade
Egypt eyes 4% economic growth, records lowest GDP loss globally – minister
Egypt’s economic growth is expected to reach four percent in 2020 with a GDP loss estimated at 105 billion pounds…
EU to making it harder for Chinese state-backed firms to buy stakes in European companies
EU proposes new rules to tackle takeovers from state-backed firms like those in China as concerns grow over unfair…
Egypt puts in $1.6B to increase internet speed
Egypt has spent $1.6 billion to increase the speed of the internet among the government's plan to develop the…
Egypt ranks first in MENA for innovation, entrepreneur deals – minister
Egypt ranks first in the Middle East and North Africa in terms of the number of deals regarding innovation and…
Egypt-China Q1 Trade falls 23% due to coronavirus – CAPMAS
Trade between Egypt and China fell by 22.8 percent year-on-year in the first quarter due to the coronavirus…
EU not questioning investment conditions in Egypt’s SCZONE – official
European Union (EU) is not questioning the legality of overall investment conditions in Egypt’s Suez Canal Economic…
Egypt’s airports see losses of EGP 696 million due to coronavirus
Egypt’s airports have seen massive losses worth around 696 million Egyptian pounds ($43 million) during the past…
Egypt’s foreign trade declines 25% during Q1 due to coronavirus
Egypt’s foreign trade slumps 25 percent reaching $23.848 billion during the first quarter of 2020, down from…
Egypt’s FY20 budget at $166.5mn in savings used to boost investments -minister
The savings of the financial year 2019/2020 budget recorded 2.7 billion Egyptian pounds ($166.5 million) that were…
Egypt, Poland to resume economic cooperation after 27-year hiatus
Egypt and Poland have agreed on fast tracking the signing of a bilateral economic cooperation deal in light of…