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Industry & Trade
Egypt signs $452.3 mln oil and gas deals
Egyptian Oil Minister Tarek el-Molla has signed nine offshore oil and gas exploration and production deals worth a…
Egypt’s Sisi in London to participate in UK-Africa summit
Egyptian President Abdel Fatah al Sisi arrived in the English capital city of London on late Sunday to participate…
4 branches will be added to Jaz Hotel in Q1 2020 with EGP2.5bn investments
Travco subsidiary Jaz Hotel Group will add four hotels to its management portfolio in the first quarter (Q1) of…
Sisi, World Bank seek further cooperation
President Abdel-Fattah El-Sisi said he looks forward to further cooperation with the World Bank (WB) after it…
Engineering Export Council to organise two trade missions to enhance exports
Egypt’s Engineering Export Council (EEC) is organising two trade missions to Africa and Gulf countries during the…
Egypt’s tycoon Nassef Sawiris is Africa’s second richest person
Forbes released their Africa’s Billionaires list, and this year’s edition has three Egyptian nationals on the top…
China, U.S. sign initial trade pact but doubts and tariffs linger
China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling…
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…