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Industry & Trade
U.S. unemployment rate rises 3.7% in June; wages inch up
The US Bureau of Labour Statistics (BLS) on Friday revealed that total payroll employment increased in June, while…
Global growth rate in tourism sectors at 3.9%: Egypt’s minister
Egypt’s Tourism Minister Rania al-Mashat said the global growth rate in tourism sectors reached 3.9 percent, while…
Egypt unveils new oil discovery in South Sinai – minister
Egypt's Petroleum Ministry announced on Thursday a new oil discovery in Abu Rudeis-Sidri area in South Sinai by…
Sisi issues decrees to earmark lands for projects in Alexandria, Aswan
Egyptian President Abdel Fattah al-Sisi issued on Thursday two decrees allocating a number of land plots to…
Revenues from Suez Canal transit fees 2.8% up in 9 months – c.bank
Revenues from toll fees imposed on vessels passing Egypt’s Suez Canal rose 2.8 percent year-on-year during the…
Egypt’s non-oil exports rise 1.7% in May – report
Egypt’s non-oil exports rose 1.7 percent year-on-year last May, the monthly report of the General Organization for…
Egypt’s Raya to launch assembly electric cars in H2-2020
Raya Auto, a subsidiary of Egyptian Raya Holding, is planning to offer locally-assembled electric cars in the North…
Egypt’s Kharafi National planning new $25mn power plant in Ghana
Egypt’s infrastructure contractor Kharafi National has submitted an offer to build a $25 million power plant in…
U.S. investments in Egyptian startups rise 4.5% in 2018 – CAPMAS
The U.S. investments in new companies in Egypt increased 4.5 percent to around $4.6 million in 2018 from $4.4…
Egypt to import 60,000 tonnes of wheat from Romania
Egypt's General Authority for Supply and Commodities (GASC) has signed contracts to import 60,000 tonnes of wheat…