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Industry & Trade
BMW, Tencent to open Chinese computing centre for self-driving cars
German automaker BMW and Chinese online gaming giant Tencent Holdings are teaming up to launch a computing center…
Egypt’s iron exports 13% up in May – report
Egypt’s iron exports surged 13 percent year-on-year last May, according to a report released by the Export Council…
Egypt’s trade with UAE rises 14% in 2018
The volume of trade exchange between Egypt and the United Arab Emirates rose 14 percent year-on-year to $5.48…
Dry port in China-Egypt TEDA zone operational next January – official
Egypt TEDA Investment hopes a dry port project in China-Egypt Suez Economic and Trade Cooperation Zone in Ain…
Egypt’s trade with COMESA records $2.3 bln in 2018
The volume of trade exchange between Egypt and the Common Market for Eastern and Southern Africa (COMESA) reached…
Ford to lay off around 200 employees at Canadian plant
Ford Motor Co will lay off about approximately 200 employees in September at a Canadian manufacturing plant in…
Egypt’s PM, UNIDO’s representative in talks over developing industry
Representative and Director of the United Nations Industrial Development Organization's (UNIDO) regional office in…
Volvo Cars to cut costs as trade war dents profits
Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming the…
Russian economic growth rises 0.7% in June
Gross domestic product growth in Russia accelerated to 0.7% in June in year-on-year terms after expanding by 0.1%…
Egypt’s Trade Minister partakes COMESA summit in Nairobi
Egypt's Minister of Trade and Industry Amr Nassar, on behalf of President Abdel Fattah al-Sisi, led Egypt's…