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Industry & Trade
Mariout Hills to build Silicon Valley in Egypt’s New Alamein
Mariout Hills, a Swiss Egyptian specialist in sustainable cities, plans to establish a Silicon Valley in Egypt to…
Egypt’s exports of jewelry, precious stones increase 12.8% 10 months
Egypt's exports of jewelry and precious stones increased by 12.8 percent to record $1.605 billion in the first 10…
Egypt to launch 12 investments zones to attract EGP 78bn
Egypt is planning to build 12 new investments zones that are expected to create 500,000 jobs and attract 78 billion…
Egypt’s iron exports fell 34.8 % in 10 months
Egypt’s iron exports fell 34.8 percent during the first 10 months of 2019 registering $580 million compared to $890…
OPEC, allies agree to deepen oil output cuts
Oil producers led by Saudi Arabia and Russia agreed on Thursday to cut output by an extra 500,000 barrels a day in…
Egypt’s Samih Sawiris acquires Thomas Cook franchise in Germany
Egyptian billionaire Samih Sawiris, through his Raiffeisen Touristik Group, has acquired the Thomas Cook franchise…
Egypt’s industrial sector to contribute 30% to GDP by 2020-end
The industrial sector will contribute 30 percent to the gross domestic product by the end of 2020 after the central…
UAE private sector growth falls to 10-year low in November
Growth in the United Arab Emirates’ non-oil private sector slowed to a 10-year low in November and firms…
Progress seen in U.S.-EU trade talks with new EU commission: Merkel
The prospects of the European Union and the United States bridging differences on trade have improved after German…
Egypt, China discuss electric vehicle production
Egypt's Public Business Sector Minister Hesham Tawfik discussed on Wednesday with a delegation of China's Dongfeng…