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Industry & Trade
Egypt’s GASC buys 59k tonnes of soyoil in local tender – traders
Egypt’s state buyer GASC bought 59,000 tonnes of soyoil at its latest local buying tender, Cairo-based traders said…
PepsiCo shuts its factory in Beijing after reporting 8 coronavirus cases
PepsiCo has shut down its factory in Beijing after reporting eight cases of coronavirus, a company spokesperson…
Egypt to invest $2.1 bln in agriculture sector in FY2021 – minister
Egypt plans to allocate 34.5 billion Egyptian pounds ($2.1 billion) for investments in its agriculture sector…
Procter& Gamble to invest more than $50 million in Egypt by 2021
Procter and Gamble Company targets to pump more than $50 million in the Egyptian market during 2020 and 2021,…
Saudi Arabia to launch $4 billion tourism development fund
Saudi Arabia plans to start a tourism development fund with an initial capital investment of $4 billion, the…
Egypt signs 12 oil, gas exploration agreements with $1bn investments
Egypt signed 12 agreements with major international companies for oil and gas exploration in the eastern and…
Egypt-US trade exchange nearly falls by 25% during Q1
The volume of trade exchange between Egypt and the US hits $1.415 billion during first quarter of 2020, against…
Egypt House passes FY2020-2021 budget with bigger allocations for health, education
The House of Representatives approved in a plenary session the state’s budget for FY2020-2021 increasing the total…
China pumps investments of $35 million into Egypt during Q1
The Chinese direct investment in Egypt reached $35 million during the first quarter of 2020, while the total…
Dettol Egypt holds a virtual medical conference discussing R&D endeavors in Egypt
Academy of Scientific Research & Technology (ASRT) together with Dettol Egypt held a virtual medical conference…