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Industry & Trade
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…
EU imposes tariffs on Chinese producers of glass fibre fabric in China and Egypt
The European Union (EU) on Monday imposed tariffs on Chinese producers of glass fibre fabric in China and Egypt.
German economy to contract more sharply in Q2: ministry
Germany’s economic output will fall further in the second quarter than in the first, the economy ministry said on…
China sees less than expected rise in factory output, retail sales continues to contract…
China’s industrial output rose for a second straight month in May but the gain was smaller than expected,…
Egypt allocates EGP 10bn in FY19/20 budget to cushion COVID-19 impact
Egypt has made an additional allocation of 10 billion Egyptian pounds ($618,410 million) in its budget for fiscal…
Egypt among best 18 business service centre locations in EMEA – report
Egypt has been ranked among the best 18 business service centre locations in Europe, the Middle East and Africa…