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Industry & Trade
Egypt’s cable maker El Sewedy Electric H1 profits fall 19%
Egypt's cable maker El Sewedy Electric recorded a 19 percent fall in first half profits, recording 1.95 billion…
Egyptian ministers issue joint decree regulating cotton trading
Egypt's ministers of trade and agriculture issued a joint decree on Monday stating that cotton trading in the…
Egypt’s trade with France 36.2% up in 5 months – report
Trade exchange between Egypt and France rose 36.2 percent to €1.212 billion during the first five months this year…
UAE’s LuLu to invest EGP2bln to establish 20 hypermarkets in Egypt
LuLu Group International seeks to invest 2 billion Egyptian pounds to establish 20 hypermarkets and outlets within…
Egypt to lay foundation stone for $1.2bn high-speed electrified train in April 2020
Egypt will lay the foundation stone for the construction of a $1.2 billion high-speed electrified train link…
96 Egyptian companies to take part in largest food fair in Berlin
96 giant Egyptian companies will participate in Anuga, the World's leading food fair for the retail trade and the…
Proposals for VAT law amendment would be final in September
The Federation of Egyptian Industries (FEI) is set to finalise its proposals for the new amendments to the Value…
China wants to negotiate and we will be ‘getting back to the table’: Trump
President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two…
Telecom Egypt saves 20% on financing costs after rate cuts
Telecom Egypt will save 20% on financing costs after the Central Bank of Egypt cut interest rates, a company…
Egypt’s exports to G7 states surge 8.8% in Jan-June 2019: CAPMAS
Egypt’s exports to the G7 countries increased 8.8 percent year-on-year in the first half of 2019 to $3.8 billion,…