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Industry & Trade
Oil sector implements $20mn-VRU project to cover Egypt’s butane, naphtha needs
Egyptian petroleum sector is currently executing a project for building new Vapor Recovery Unit (VRU) with total…
26,000 tonnes of gold assayed in 7 months- Egypt’s Assay Administration
Egyptian Assay and Weights Administration (AWD) -affiliated to supply ministry- assayed 26,000 tonnes of gold…
Investors Associations urges Egypt govt. to exclude free zones from VAT law
Egyptian Union for Investors Associations urged the government to amend the tax price in Value Added Tax (VAT) law…
Plastics exports record $481mn in 6 months- Egypt’s CEC
Exports of Egyptian plastics sector fell during the first six months of 2016 by 1 percent to 4.27 billion Egyptian…
VW says talks to end supplier dispute will resume on Monday
Volkswagen (VOWG_p.DE) is seeking a negotiated settlement with suppliers in a dispute over contracts that is…
Egypt’s Industry grants expansion licences worth $202mn in July 2016
Egyptian industry ministry gave licences to around 42 investors to expand their industrial projects with…
Natural gas production in Egypt to reach 6mn cubic feet by 2029
Egypt's oil ministry is currently executing 13 projects to develop natural gas fields with investments estimated at…
Red Sea Ports attains revenues of 1.2bn Egyptian pounds in FY2015-16
Egyptian Red Sea Ports Authority (RSPA) attained revenues estimated at 1.2 billion Egyptian pounds (US$135.1…
144 industrial projects got approvals in July 2016: Egypt’s minister
Egypt's Industrial Development Authority (IDA) granted 144 final approvals to establish new projects inside and…
Toyota restarts production in Venezuela after six months
Toyota (7203.T) said on Friday it had restarted its Venezuelan factory after six months without producing vehicles…