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Industry & Trade
Egypt fuel demand falls 5% a month after price hike
Fuel consumption rates in Egypt fell 5 percent in July, one month after cutting fuel subsidies under an IMF-backed…
350 megawatts added to Egypt’s planned giant solar park in July
The operation capacity of the solar power plants built in Egypt’s planned giant solar park has reached 350…
Raya Foods, 30 Egyptian firms to export 400k tonnes of strawberries
Raya Foods, a subsidiary of Raya Holding, has signed a deal with 30 companies to produce and export 40,000 tonnes…
Arabian Cement, Egyptian Refining sign petcoke to reduce production costs
Arabian Cement Co., the Egyptian Refining Company (ERC) signed an agreement on annual supply of petroleum coke…
Airbus Q2 profits grow, beating analyst forecasts
Airbus on Wednesday reported stronger-than-expected core second-quarter profits buoyed by the switch to efficient…
General Electric beats low earnings expectations in Q2 as cash flow stablises
General Electric reported second-quarter earnings on Wednesday that were slightly better than expected by Wall…
U.S., China wraps up Shanghai talks, promises more talks in Sept
China and the U.S. plan to meet again in September to extend trade talks, as the latest round of negotiations in…
Egypt’s food provider Edita first-half profits rise 63%
Egypt's largest snack food producer Edita reported a 63.4 percent increase year-on-year in its profits to 167.8…
Egypt’s Sokhna port undergoing largest ever expansion process – Mamish
Egypt's Sokhna port is undergoing its largest ever expansion process at a cost worth10 billion Egyptian pounds…
Egypt non-oil exports rise 5% in June: GOEIC
Egypt's non-oil exports rose five percent to $1.905 billion in June from $1.81 last year, the General Organization…