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Industry & Trade
3996 firms investing in Suez Canal cities: GAFI
There are around 3,996 companies working in Suez Canal’s three cities, with total investments standing at 59…
U.S. retail sales, industrial output data suggest strong Q2 GDP growth
U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods,…
TOBB business group tells Turkey PM it will visit Egypt
A delegation of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) will be visiting Egypt, the business…
Serious concerns haunting Egyptian automotive market following Brexit
The Egyptian automotive market received the news of Brexit vote to leave the European Union (EU) with serious…
Boeing aims for supersonics and Mars at outset of second century
The Boeing Co marked its centennial on Friday with plans to sharpen its focus on innovation, including ambitious…
General Motors escapes some claims from 2014 recalls
A U.S. judge on Friday dismissed some claims brought against General Motors by customers seeking compensation for a…
Trade ministry plans boosting Egypt leather exports to US$1bn annually
Exports of Egyptian leather sector are expected to reach US$1 billion per years after completing Al Robeky zone for…
Ten states seize 56.6pct of Egypt’s chemical exports in five months
Around 10 states seized 56.6 percent of Egypt's total exports of chemical and fertilizers products during…
GlaxoSmithKline says to pump 60 mln Egyptian pounds into Egypt in 2016
Drugmaker GlaxoSmithKline said Thursday it plans to inject investments worth of 60 Egyptian pounds ($6.7 million)…
95% of Al-Robeky leather zone phase I finished with cost of $135mn
Around 95 percent of phase one of Al Robeky zone for leather tanneries have been finished with total cost of 1.2…