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Industry & Trade
Egyptian textile sector eyes investments of $13bn until 2025- Supreme Council
Egyptian Supreme Council for Textile Industries eyes attracting new investments estimated at US$13 billion until…
Chinese investments in Egypt hit $5billion
Chinese investments in the Egyptian market reached more than US$5 billion in 2015 as there are more than 30 Chinese…
Industrial zone to be built in Egypt’s South Sinai: minister
Egypt’s Minister of Trade and Industry said Saturday that he approved a plan to establish an 820 million Egyptian…
Lufthansa suspends Caracas flights as Venezuelan economy struggles
German airline Deutsche Lufthansa AG (LHAG.DE) said on Saturday it will temporarily suspend flights to Venezuela as…
Actis studies expanding in more Egyptian renewable energy sector
Private equity firm Actis is willing to expand its investments in the Egyptian renewable energy sector, Egypt’s…
Egypt, Lebanon to launch offshore firm for Egyptian exports in Africa next June
Egyptian trade ministry is set to finish launching the Egyptian-Lebanese company for enhancing Egyptian exports to…
Total executed investments in Egypt reach $19bn in H1 2016
The volume of total executed investments in Egypt hit around 172 billion Egyptian pounds (US$19 billion) during the…
GE to upgrade Egypt’s Damietta, Asyut power plants capacities to 2.25GW
U.S.-based conglomerate corporation General Electric (GE) is set to upgrade Egypt's Damietta and Asyut power…
Egypt plans boosting exports to $40bn in 5 years
Exporters division at Federation of Egyptian Chambers of Commerce (FEDCOC) plans boosting Egyptian exports to US$40…
Italy’s Bertazzoni to build €55mn-coockers factory in Egypt
Italian kitchen products manufacturer Bertazzoni-Italia is to pump investments of €55 million to establish cookers…