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Industry & Trade
Aramco may store Saudi oil in Egyptian SUMED warehouses – oil minister
Egyptian petroleum ministry is studying the possibility that Saudi oil company Aramco could use state-run Arab…
Chemical Council eyes increasing Egyptian exports to Saudi Arabia to $202mn
Egyptian Chemical and Fertilizers Export Council (CEC) eyes increasing its exports to Saudi Arabia by 20 percent to…
German business community keen to boost Egypt investments: minister
The German business community is keen to increase their investments in Egypt, notably in construction,…
Glass exports rise 11% in two months- Egypt’s Chemical Council
Egyptian exports of glass products rose by 11 percent in January-February 2016 to hit 171.4 million Egyptian pounds…
Saudi Arabia’s Savola: Egypt investments record $800 million
Saudi Arabia-based Savola Group’s total investments in Egypt currently exceed $800 million, its chief executive…
Saudi-UAE-Lebanese firms to build giant industrial city in Suez Canal
The ASEC-Capital alliance, which involves Egyptian, Saudi, UAE, and Lebanese firms, has signed Sunday a contract to…
Italy studies building three logistics zones in Egypt
Italy is studying setting up three logistics zones in Egypt for the storage of grains, vegetables, and fruits as…
Saudi Arabia is Egypt’s top Gulf investor: minister
Saudi Arabia is Egypt’s first biggest investor regionally and second globally, with volume of investments worth…
Saudi Al Rajhi Co. to pump $135mn in Egypt’s Toshka until 2020
Saudi-based Al Rajhi International for Investment company (RAII) targets injecting 1.2 billion Egyptian pounds…
ACWA Power bets strongly on Egypt in coming five years
Saudi developer ACWA Power is planning to invest between $10-12 billion in Egypt in the next five years, its…