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Industry & Trade
Germany’s economy grew 0.6% in 2019, meeting expectations
The German economy grew at 0.6 percent in 2019, according to Destatis, the country’s federal statistics office.
Eni to start gas production of Zohr’s 14th well next week
Italian Eni will start commercial production of the 14th well in the Mediterranean’s Zohr gas field next week,…
Egypt launches an online platform to sell its products in Africa
Egypt will launch an online platform for selling Egyptian products in Africa, offering Egyptian products in an…
Endeavour Mining abandons bid to buy Centamin on insufficient information
Endeavour Mining abandoned its 1.47 billion pound ($1.9 billion) pursuit of Centamin, saying it receive…
East Port Said to receive 2.5mln sqm in Suez Canal Axis by June
East Port Said Development company is set to receive 2.5 million metre square from the Suez Canal Economic Zone…
Egypt signs a deal with 3 UAE companies to set up pipe plant
State-run Egyptian National Organization for Military Production (NOMP) and the Holding Company for Water and…
Egypt-China trade exchange to rise by 24% in 2020
The volume of trade exchange between Egypt and China is expected to rise by more than 24 percent in 2020, President…
Mankai agrees with 80 firms to invest in China-Egypt textile park
Chinese firm ManKai Investment has signed agreements with 80 Chinese and international firms to participate in the…
Egypt executes 20 desalination plants with EGP 11.13bn investments
Egypt is building 20 desalination plants with a total capacity of 553,000 cubic metres per day with total…
Al Delta, Gemco sign EGP 300m contract for foundry project
Al Delta Steel Company, an Egyptian public business sector firm, has signed a contract with Gemco Cast Metal…