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Industry & Trade
Majid Al-Futtaim opens first Carrefour mall in Ismailia worth EGP200mln investments
Majid Al-Futtaim Retail inaugurated in cooperation with the National Service Projects Organization the first…
Egypt’s IDA to launch 13 industrial complexes until April 2020
Egyptian Industrial Development Authority (IDA) announced on Wednesday that it is planning to launch around 13 new…
U.S. needs to correct wrong actions to continue trade talks: China
The United States needs to correct its wrong actions if it wants to continue negotiations with China to end a…
Egypt, Cyprus, Greece sign electricity interconnection deal
Egyptian Electricity Transmission Company on Wednesday signed a deal with Cyprus’ Euro Africa Interconnector to…
Africa’s historic free trade deal takes off by month-end: minister
A landmark free trade deal, which aims to bring together all African Union states altogether, will come into force…
Egypt proposes including Canada in QIZ protocol with U.S., Israel
Egypt is looking to include Canada in the Qualified Industrial Zones (QIZ) protocol signed with the United States…
Dana Gas starts offshore drilling in Egypt
Dana Gas started drilling operations on 20 May at its Merak-1 well, offshore Egypt. The location is in 755 m of…
Egypt unveils new increase in electricity prices starting July
Egypt's Ministry of Electricity announced on Tuesday the new electricity prices, to be applied from 1 July and to…
US-China trade war may ‘get worse before it gets better’: expert
There’s more pain ahead for the U.S. and China as their bilateral trade dispute drags on, an expert forecast on…
UK’s 2nd largest steel producer on brink of collapse with 25,000 jobs at risk
British Steel, the country’s second largest steel producer, is on the brink of collapse unless the government…