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Industry & Trade
Egypt posts trade exchange $5.3B with the world in 11 months
Egypt posts a total trade exchange with the countries of the world during the first eleven months of 2019 hit…
Sharm El Sheikh receives 2 UK flights in 4 years
Sharm El Sheikh International Airport received two TUI flights coming from the UK, for the first time after…
Egypt eyes increasing financial allocations for health, education in FY 2020/21
Finance Minister Mohamed Maait has said that the government is aimed at increasing financial allocations during the…
Eastern Company revenues see 7.5% increase in 1H 2019/20
Eastern Company (EAST) revenues rose 7.5 percent Y-o-Y, recording EGP 7.69 billion in the first half of FY…
Toyota says to resume output at three plants in China next week
Toyota Motor Corp announced on Saturday it is planning to resume output at three of its four main auto plants in…
Egypt’s economy achieves highest growth rate in 11 years: Cabinet
Egypt's cabinet said that Egypt has achieved the highest economic growth rate in 11 years.
Egypt did not import any liquefied natural gas in 2019
Egypt did not import any liquefied natural gas (LNG) in 2019, compared to $1.1 billion in LNG imports in…
Egypt reaches preliminary oil, gas deals in Mediterranean with five energy firms
Egypt has reached initial agreements with five major energy companies to explore for oil and gas in deep waters in…
TUI eyes boosting German arrivals to Egypt by 25%
Germany’s leading travel and tourism Company TUI has announced on Friday plans to increase arrivals to Egypt in…
Egypt’s first commodities exchange operational by 2021
Egypt is planning to commence the operation of its first commodities exchange by January 2021.