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Industry & Trade
Russia, Egypt study inking PTA by 2017 to hike intra-trade volume
Egypt studies signing a Preferential Trade Agreement (PTA) with Russia by the beginning of 2017 to boost volume of…
Chemicals exports hit $2bn in eight months- Egypt’s CEC
Egyptian total exports of chemicals products rose by 7 percent during the first eight months of 2016 to US$2.023…
Beverage maker Juhayna invests $45m to expand in Egyptian market
Egyptian beverage and yogurt maker Juhayna for Food Industries finished injecting 400 million Egyptian pounds…
CBE allocates $1.8b to secure strategic goods reserves for 6 months
Egypt's central bank has allocated $1.8 billion to ensure six months of reserves in all strategic goods, Supply…
Israel, Egypt reportedly discussing large-scale economic projects
Amid a faltering economy, Egypt is looking to Israel for economic assistance, with the two countries…
Sisi orders formation of Supreme Investment Council
Egyptian President Abdel Fattah al-Sisi issued a decree to establish a Supreme Investment Council aimed at…
Egypt to send new investment law to Cabinet in November: minister
A draft of a new investment law is set to be sent to the Egyptian Cabinet next month, Investment Minister Dalia…
Capitals of South Korean firms operating in Egypt hit $64.3 million: GAFI
The number of South Korean firms operating in Egypt has reached 107, with capitalisations worth $64.3 million, head…
New Saudi-Egyptian firm formed to build $1bn-steel complex in Suez Canal region
Egyptian Suez Canal Authority (SCA) signed Tuesday a partnership agreement with a Saudi organisation on forming a…
Egypt’s bill of imported non-durable consumer goods hit $6bn in 6 months
The total volume of Egyptian imports of non-durable consumer commodities decreased by 2.4 percent during the first…