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Industry & Trade
Telecom Egypt’s revenues goes up yet net profits slides during Q1
Telecom Egypt reported 7 billion Egyptian pounds in revenues in the January-March period, increasing 15 percent…
Egypt, South Korea clinch $2.9mn deal to improve patent office – minister
Egypt’s Minister of International Cooperation said exchanged letters have been signed with South Korea to extend a…
Egypt’s annual headline inflation rose by a slight margin in May, despite…
Egypt's annual headline inflation rose by 0.1 percent to 107.7 points in May from 107.5 points a month earlier,…
Egypt allocates $525.1 mln for new SMEs industrial complexes – minister
8.5 billion Egyptian pounds ($525.1 million) has been allocated for the establishment of new industrial complexes…
Gilead’s Remdesivir study on monkeys shows drug reduced lung damage linked to coronavirus
Gilead Sciences’ antiviral drug remdesivir has helped to prevent macaques infected with the coronavirus from…
U.S. awards AstraZeneca $23 million to help develop treatment for coronavirus antibody
The U.S. federal government announced on Tuesday it is awarding drug giant AstraZeneca $23.6 million to help the…
Rumors behind hike in cigarettes prices are baseless, ‘greedy merchants’ behind shortage:…
Rumors of expected rise in cigarettes’ prices were baseless according to Ibrahim al-Imbabi, the head of the General…
Alexandria Customs collects EGP2.52bn customs, taxes in May
Alexandria Customs collected 2.519 billion Egyptian pounds ($155.6 million) in customs duties, taxes, and other…
Egypt fixes factories electricity prices for 5 years
Egypt electricity ministry has decided to fix the prices of medium- and high-voltage electricity consumption for…
Egypt increases household electricity prices by 19.1%
The Egyptian Ministry of Electricity announced the new electricity prices for households rising prices for…