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Industry & Trade
BP says posts replacement cost of $2.25 billion
The British energy giant BP PLC reported a second-quarter loss due to a multibillion-dollar charge relating to its…
Private car sales in Egypt mount to $1.3bn in first 5 months of 2016
The private cars market sold 58,600 units in the first five months of this year, amounting to sales of 12.2 billion…
1,306 new projects granted approvals in H1 2016: Egypt’s industry minister
Egyptian industry ministry granted licences for 1,306 new projects inside and outside industrial zones during the…
Industry minister opens $33mn-factories in Egypt’s 6th of October city
Egyptian industry minister Tarek Qabil inaugurated Monday three new factories in CBC Egypt for Industrial…
Executed investments in Egypt hit $10bn in Q3 of FY2015/16- planning ministry
The total volume of investments executed in Egyptian market during the third quarter of fiscal year 2015-16 rose by…
Australia Q2 inflation to make or break case for rate cut
Australian inflation likely braked to all-time lows in the second quarter, if analyst forecasts prove right,…
Japan June exports fall less than expected
Japan's exports fell less than expected in June in a tentative sign that overseas demand could be recovering from…
IDA grants approvals for 180 projects worth $338mn: Egypt’s industry minister
Egyptian Industrial Development Authority (IDA) granted approvals for 180 industrial projects inside and outside…
202,000 Asian tourists visited Egypt in H1 2016; says ETA head
Egypt received around 202,000 Asian tourists during the first six months of 2016 opposed to 197,000 tourists during…
G20 officials vow to tackle steel, industrial overcapacity
The world's top economies will work to tackle excess production capacity in steel and some other industries,…