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Industry & Trade
GOEIC suspends 101 firms from exporting products to Egypt
Egypt's the General Organization for Export and Import Control (GOEIC) has suspended 16 more foreign companies…
Eni, Naturgy reach agreement with Egypt over Damietta LNG plant
Italy’s Eni and Spain’s Naturgy have reached an agreement with Egypt to resolve a series of disputes over the…
Natural gas accounts for 21% of Egypt 2019 GDP growth – minister
Natural gas sector accounted for around 21 percent of Egypt’s last year economic growth, the country’s petroleum…
Egypt’s Qalaa Holding to invest EGP10bln over 3 years
Egypt's Qalaa Holdings, one of the country's largest investment companies, to invest 10 billion Egyptian pounds…
World tourism would lose at least $22 bn on coronavirus
The deadly coronavirus epidemic will cost world tourism at least $22 billion owing to a drop in spending by Chinese…
Egypt’s industrial sector investments 22% up in FY2018/2019
Investments by Egypt's industrial sector surged 22 percent in the 2018/2019 fiscal year to record 99.5 billion…
DP World to build a sprawling industrial zone in Egypt’s Ain al-Sokhna
Dubai port operator DP World plans to build a 10 million square metre industrial zone in the Egyptian Red Sea port…
EGAS intends to sign 7 deals with $690m investments in FY20/21
The Egyptian Natural Gas Holding Company (EGAS) seeks to ink seven new agreements with total investments of $690…
Egypt’s Suez Canal post revenues to $5.8 billion in 2018/19
Egypt's Suez Canal Authority, has announced that the revenues from the Suez Canal rose to $5.8 billion in 2018/19…
Mankai halts China-Egypt textile park roadshow plans on coronavirus outbreak
The outbreak of the coronavirus is driving Mankai Investment to halt its roadshow to promote an anticipated…