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Industry & Trade
650,000 homes to be gas-run in Egypt in two years – source
Egyptian Co. for Natural Gas Distribution in Cities - Town Gas plans to reach nearly 650,000 homes nationwide fully…
China backtracks on trade commitments, sparking Trump tariff hike: US
China reneged on substantial commitments it made during trade talks with the United States, prompting President…
Egypt spends $3.51bn on fuel subsidies in first nine months of FY19 – minister
Egypt has spent 60.1 billion Egyptian pounds ($3.51 billion) on fuel subsidies during the first nine months of…
World Bank’s president, Egypt’s Nasr meet 30 women of micro projects in Aswan
Egypt's Investment Minister Sahar Nasr and World Bank's new President David Malpass met with 30 women who…
Egypt’s ready-made garments exports rise 2% in Q1
Egypt's exports of ready-made garments rose two percent to $406 million during the first quarter of this year from…
U.S Trump increases pressure on China, threatens tariff hikes
President Donald Trump dramatically increased pressure on China on Sunday to reach a trade deal, saying he would…
Upper Egypt’s Benban solar field to operate at full capacity in 2019
Egypt said its Benban solar field in Aswan, which will be the largest in the world upon completion at 1.8 GW total…
Expansion in Egypt’s non-oil private-sector activity for first time in 8 months
Egypt’s non-oil private-sector activity expanded for the first time in eight months in April, and saw its highest…
Egypt’s giant solar part seen fully operational in 2019 – ministry
Egypt expects the 1.6 gigawatt solar park it is building in the south of the country in Aswan to be operating at…
Egypt’s Qalaa Holdings seen revenues surpassing $5.25 bln next year
Egyptian investment company Qalaa Holdings is expecting revenues to exceed 90 billion Egyptian pounds ($5.25…