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Industry & Trade
Egypt directs EGP2.05bln investments into Fayoum during FY19/20
Egypt allocated total investments of 2.05 billion Egyptian pounds to Fayoum during FY19/20 for 173 developmental…
Nike temporarily shuts down European headquarters over coronavirus concerns
Nike’s European headquarters (EHQ) in the Netherlands will remain shut down for Monday and Tuesday as an employee…
Greek company to inject $US200 million investments in New Valley
Greek company Orange Wave is set to establish an agricultural, commercial, industrial logistic area in New Valley…
Egypt’s Qalaa Holdings eyes tapping Ethiopia gold mining
Egypt’s Qalaa Holdings, one of the country’s largest investment companies, intends to invest in gold mining in…
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…