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Industry & Trade
Egypt’s trade balance deficit falls 28.7% in Sept. – CAPMAS
Egypt's trade balance deficit dropped 28.7 percent in September, recording $3.49 billion from $4.90 billion in the…
Egyptian economy to become stronger in 2020 – EFG Hermes
Egypt’s EFG Hermes expected that the Egyptian economy will become stronger and will be based on solid grounds in…
Denmark’s Danfoss eyes 30% growth in Egypt turnovers next year
Danish industrial group Danfoss seeks to boost its turnovers in Egypt by 20-30 percent within 2020, its regional…
Hilton to add 8 hotels to its management portfolio in Egypt, reaching 24 hotels by 2024
Hilton will add eight new hotels to its management portfolio to reach 24 hotels in Egypt by 2024, up from only 16…
UAE enhances economic partnership with Saudi Arabia, Egypt
The United Arab Emirates is strengthening economic partnership with Saudi Arabia and Egypt, the region’s largest…
Egypt offers 147 industrial units in Benha
The Egyptian Ministry of Investment and International Cooperation announced launching fully-finished 147 industrial…
A coffee-cola drink from PepsiCo to debut next year
It looks like PepsiCo could beat rival Coca-Cola to market with a coffee-cola beverage.
U.S.-China agree on Phase I of trade deal, US cuts tariffs for farm products
The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that reduces some…
Israel to start exporting natural gas to Egypt in Jan.
Egypt will start working off a debt to Israel by importing natural gas within the next month (January 2020)
Egypt’s oil consumption falls to 31 mln tonnes in FY2019 – minister
Egypt's domestic petroleum consumption fell to 31 million tonnes during the financial year 2018/2019 from 39…