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Industry & Trade
Industry ministry draws final plans to develop 6 industrial zones in Upper Egypt
Egyptian trade and industry ministry is currently finishing the final plans of developing and upgrading…
Egypt may return to gas exports after field discovery: Snam
Egypt may resume natural gas exports thanks to major discoveries off its shores, said Snam SpA, Europe’s biggest…
U.S. auto sales growth falls short of estimates
The pace of U.S. auto sales slowed in June compared to a year ago, as slumping sales of sedans offset strong demand…
Furniture Council plans raising Egypt’s exports by 66% in 4 years
Egyptian Furniture Export Council (EFEC) targets rising furniture exports by 66 percent to hit 5 billion Egyptian…
Egypt’s furniture exports record $146mn in five months
Egyptian furniture exports rose by 11 percent in January-May 2016 to 1.3 billion Egyptian pounds (US$146.3 million)…
40 U.S. firms to visit Egypt next October to showcase available investments
A delegation of 40 American firms is scheduled to visit Egypt on October 25, 2016 to showcase available investments…
Coca-Cola plans investing $500mn in Egyptian market
Soft drink producer Coca-Cola Egypt plans injecting new investments of US$500 million into Egyptian market within…
Japan’s May retail sales fall more than expected on gloomy recovery outlook
Japan's retail sales fell more than expected in May in a third straight month of annual declines, data showed on…
Toyota recalls 3.37 million cars over airbag, emissions control issues
Japan's Toyota Motor Corp (7203.T) has recalled 3.37 million cars worldwide over possible defects involving airbags…
Non-petroleum exports record $8.4bn in five months – Egypt’s minister
Egyptian non-petroleum exports rose to US$8.4 billion during the first five months of 2016, marking 3 percent…