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Industry & Trade
Egypt’s unemployment rate falls 7.5% in Q2 – CAPMAS
Unemployment rate in Egypt fell 7.5 percent during the second quarter of the year from 8.1 percent during the same…
Egyptian dairy company Domty announces Q2 business results
Arabian Food Industries Co (Domty), Egypt’s largest cheese manufacturer by market share, announced on Wednesday its…
Egypt’s state-run Eastern Co. rises cigarette prices
Egypt's state-owned top cigarette maker Eastern Company reported on Thursday an increase between 4.5 percent and 6…
Egypt hopes 50,000 vehicles to be gas-run annually – minister
Egypt is looking to expand the use of gas as vehicle fuel and encourage citizens to turn their cars into bi-fuel…
Egypt’s Zohr gas field output triples to 11.3 bcm in H1 – Rosneft
Natural gas production at Egypt’s Zohr, the largest gas field in the Mediterranean Sea, has more than tripled in…
Egypt’s dairy maker Domty first-half profits fall 32%
Egyptian dairy maker Arabian Food Industries Company ( Domty) reported on Wednesday a 32 percent year-on-year drop…
German economy slightly diminishes amid trade concerns, auto woes
The German economy shrank by 0.1 percent in the second quarter from the previous quarter as global trade conflicts…
New wind farm in Egypt to be financed with $206 mln
An agreement to provide financing worth $206 million (£171 million) in the development of a wind farm in Egypt has…
US Trump postpones some tariffs on Chinese imports
The US is delaying imposing tariffs on some imports from China until 15 December because of "health, safety,…
Egypt eyes crude oil output up to 690,000 barrels year-end
Egypt targets increasing daily production of crude oil to hit 690,000 barrels by the end of the current year, …