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Industry & Trade
Egypt’s GASC targets wheat for July shipment
Egypt’s General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of…
Egypt’s trade with Ghana hits $108.3 million in 2018 – report
Trade exchange between Egypt and Ghana recorded $108.3 million last year, according to a report by the Egyptian…
Egypt’s IDA to launch 2 industrial complexes in Red Sea, Margham next July
Egyptian Industrial Development Authority (IDA) plans to launch two industrial complexes in Red Sea governorate and…
China exports grow despite U.S. tariffs, but import fell most in nearly three years
China’s exports unexpectedly returned to growth in May despite higher U.S. tariffs, but imports fell the most in…
Egypt’s annual inflation rises 14.1% in May – CAPMAS
Egypt’s annual urban consumer price inflation rose to 14.1 percent in May from 13 percent in April, the state-owned…
Egypt to open three metro stations on third line – minister
Egypt’s Minister of Transport Kamel al-Wazir announced that the Egyptian Company for Metro Management and Operation…
Egypt’s sovereign wealth fund joins IFSWF
Egypt's newly-founded Sovereign Wealth Fund (SWF) has joined the International Forum of Sovereign Wealth Funds…
EGAS to increase natural gas output by 11.3 bcf/d in 2022
The Egyptian Natural Gas Holding Company (EGAS)plans to increase Egypt’s natural gas production to 4.8bn cubic feet…
U.S. jobless rate remains at lowest level in 49Yrs in May
The U.S. Bureau of Labour Statistics (BLS) said on Friday the total payroll employment grew in May, while the…
Suez Canal’s revenues rise 40.4% to 104.2bn Egyptian pounds in FY19
Suez Canal’s transfers to Egypt’s public budget has reached its highest level ever. The canal’s transfer recorded…