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Industry & Trade
Egypt names the world’s third biggest exporter of dried onions in 2019 – UN data
Egypt has become the world’s third biggest exporter of dried onions, according to data released by the UN's…
Alliance led by Canadian Stantec wins a bid for a €456.5 mln sanitation project in…
An alliance led by Canadia's Stantec has won a bid for developing the infrastructure of the sanitation project…
German economic stimulus plan could be worth €75-80 billion
Germany is working on a stimulus package worth 75 billion-80 billion euros ($83 billion-$89 billion) to support…
Egypt to start production of 30-million fabric-made face masks monthly
The Egyptian government is working on making 30 million fabric-made face masks available in the local market…
Egypt’s trade deficit falls 35% in four months – minister
Egypt’s balance of trade deficit declined by $5.570 billion or 35 percent year-on-year during the first four months…
US GDP falls 5.0% during Q1, vs 4.8% drop expected
US first-quarter GDP falls 5.0 percent, however the second reading of second-quarter U.S. gross domestic product…
Egypt’s non-oil imports decrease 24% in 4 months
Egypt’s non-oil imports slumped by 24 percent during January – April 2020, with their value falling to $18.8…
Russia’s Rosatom declares first coronavirus case among staff at Egyptian branch
Russia’s state nuclear energy company Rosatom announced on Wednesday a positive coronavirus case among staff at the…
Marriott says Coronavirus pandemic’s financial impact on its business is worse than…
Marriott International said on Wednesday that the coronavirus pandemic is "having a more severe and sustained…
Mercedes-Benz to allow employees to work remotely through 2020
Mercedes-Benz confirmed on Wednesday it is allowing employees at its U.S. headquarters near Atlanta to work…