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Industry & Trade
Oman invests EGP77.5mln in 92 projects in Egypt
Omani investments in Egypt reached around 77.5 million until September 2019, distributed over 92 projects,…
Suez Canal marks 150th anniversary
Egypt marked 150 years since the opening of the Suez Canal, hailed as a key waterway to cut shipping times for…
Saudi Aramco will not market IPO in the United States
Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources…
Egypt, U.S. PRL clinch train engines contracts worth $466.3 mln
The Egyptian Railway Authority (ERA) has signed with U.S. PRL (Progress Rail Automotives) some contracts worth…
Egypt to lower subsidised staple food prices in Dec.- minister
Egypt will reduce prices of subsidised food staples from December, the state news agency MENA quoted Supply…
Shell names Citi for $1 billion sale of Egypt’s assets – sources
Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets…
Egypt’s textiles salvage scheme reveals backing for state sector
Behind an unassuming, scruffy perimeter wall, Egypt's largest textiles factory has languished for decades, losing…
Egypt’s unemployment rate 7.8% up in Q3 – CAPMAS
Egypt's unemployment rate rose 7.8 percent during the third quarter of the year from 7.5 percent during the second…
GE showcases how data, AI can shape future of healthcare industry
General Electric Co's healthcare unit has showcased its digital solutions and highlighted the digital transition…
UAE, Egypt launch $20 billion joint investment fund
Egypt and the United Arab Emirates have launched a $20 billion joint strategic investment platform, Egyptian…