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Industry & Trade
Egyptian Iron and Steel widens losses 38 % in FY 2018/19
Egyptian Iron and Steel Company (IRON) recorded net losses of 1.24 billion Egyptian pounds during the fiscal…
Egypt’s GAFI, Japan’s MUFG bank deal to boost investments
Egypt's General Authority for Investment and Free Zones (GAFI) signed on Wednesday a memorandum of understanding…
UNIDO director-general Li Yong hails Egypt’s economic reforms
Egypt's ministers of investments and trade met with director-general of the United Nations Industrial Development…
Egypt’s net FDI rises 3.4% in Q3-FY2018/19: c.bank
Egypt’s net foreign direct investment (FDI) rose by 3.4 percent to around $1.8 billion in the third quarter of the…
Egypt’s Pharmaceuticals market grows 20% in 7 month
The Pharmaceuticals market in Egypt has witnessed a growth rate of 20 percent during January-July 2019, Deputy…
Egypt’s Zohr gas field output to exceed 3 bln cu feet/day before year-end – statement
Egypt hopes the production capacity of its giant Mediterranean Zohr gas field would exceed 3 billion cubic feet per…
Egypt’s Middle East Glass, IFC over $100mln loan
Egypt-based Middle East Glass Manufacturing is holding talks with the International Finance Corporation to obtain…
Japan’s move to lower South Korea trade status takes effect
Japan’s downgrading of South Korea’s trade status took effect Wednesday, a decision that has already set off a…
China insists it is unaware of calls to Trump showing willingness to talk again
China is still insisting no phone calls took place over the weekend that President Donald Trump claimed showed its…
Egypt’s first-half exports of chemicals and fertilisers fall 11% – CEC
Egypt's exports of chemicals and fertilisers fell 11 percent to $2.419 billion during the first half of the year…