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Industry & Trade
Disney unveils plans to reopen in mid-July
The Walt Disney Company announced on Wednesday plans to begin to reopen gradually some of its parks later in…
Boeing to lay off 7,000 employees this week as virus wrecks demand
Boeing will lay off this week 7,000 employees, just a portion of the layoffs the aircraft manufacturer targets as…
Egypt produces 7.2 bcf per day of natural gas – Cabinet
Egypt’s production of natural gas stands at an average of 7.2 billion cubic feet (bcf) per day, the cabinet said in…
India to scrutinize of new portfolio investors from China, Hong Kong
India has drafted rules proposing tighter scrutiny of new Foreign Portfolio Investors (FPIs) from China and Hong…
Egyptian govt.’s investments to develop South Sinai at $232 mln – minister
Egypt’s government plans to pump total investments worth around 3.68 billion Egyptian pounds ($232.1 million) to…
Egypt has strategic sufficient rice reserves until October – ministry
Egypt has sufficient rice reserves until October, sugar for six months, wheat for 5.3 months and vegetable oils for…
Eurozone economy downturn slows but output continues to plunge
Eurozone economy rapid decline has eased up slightly in May as countries lifted coronavirus restrictions, although…
Egypt won’t export face masks until it meets local needs – minister
Egypt will not export its locally manufactured face masks unless it covers the local market’s needs first, its…
Egypt to build the largest fibre optic cable plant in the Middle East
Egypt will build the largest fibre optic cable plant in the Middle East and North Africa, with investments worth…
Egypt’s wealth fund to invest in three sectors amid coronavirus
The Sovereign Fund of Egypt is adapting to the coronavirus crisis and will focus its work more on three main…