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Industry & Trade
Import duties on iron billets weigh on top Egyptian steel manufacturer
Egyptian steel manufacturer, El Garhy Group, incurred losses of 40 million Egyptian pounds($2.417mln)in three…
Egypt’s agricultural exports hit $2.154 bln in 10 months
Egypt's exports of agricultural crops slightly rose by 1.3 percent year-on-year during the period from September…
Japan, U.S. eye broad bilateral trade deal by September
Japan and the United States have agreed to target a broad deal on bilateral trade by September, seeking to bridge…
Egypt’s trade with China hits $13.8 billion in 2018
The volume of trade exchange between Egypt and China reached $13.8 billion during 2018, economic and commercial…
China’s TV maker Konka eyes $100 mln investments in Egypt by 2020-end
China's leading TV manufacturer Konka Group seeks to increase the volume of its investments in Egypt to $100…
Saudi Arabia backs $550 mln investment in UK health start-up Babylon
British health technology start-up Babylon has managed to raise $550 million in an investment round backed by Saudi…
Amazon says to invest in U.S., Ireland renewable energy projects
Tech giant Amazon said it plans to invest in two new renewable energy projects in the U.S. and Ireland.
Trump’s new tariffs are biting air cargo industry
Tariffs announced by the U.S. President Donald Trump along with ongoing trade tensions are biting the air cargo…
El-Araby Group to open its first components plant by mid 2020
Egypt’s electronics and home appliances maker, El-Araby Group, seeks to inaugurate first plant for components in…
Egyptian national electricity grid production exceeds 50,000 megawatt
Egypt has achieved a 25 percent surplus of the capacity of electricity while the production exceeded 50,000…