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Industry & Trade
Egypt’s Plastics, rubber exports to hit $1.8bn by end 2015
Exports of plastics and rubber sector are expected to reach EGP14 billion (US$1.78 billion) by the end of 2015,…
U.S. permits Shell to drill for oil in Arctic off Alaska
The U.S. government gave Monday Royal Dutch Shell a final green light to drill for oil and natural gas in the…
91 Approved Projects With Investments Of LE1.857bln: Minister
Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour said that the Industrial Development Authority…
Kellogg buys greater stake in the Egyptian biscuit maker – sources
The US Kellogg’s grip on Egypt-based biscuit maker Bisco Misr has become firmer after buying Misr Insurance…
Industrial Development grants approvals for 61 projects to expand
Industrial Development Authority (IDA) has granted approvals for 61 projects to expand inside and outside the…
Toshiba likely to post Net Loss for last Fiscal Year: Nikkei
Toshiba Corp is expected to report a net loss for the last fiscal year and also revise down its fiscal 2011/12…
South Valley Cement installs coal mill worth 200mn Egyptian pounds
South Valley Cement Company (SVCE) plans to complete installation of a coal mill by mid-2016, general manager Ahmed…
Egypt To Import Wheat From Russia, Ukraine
The General Authority for Supply of Commodities (GASC) will buy 175,000 tons of wheat from Russia and Ukraine to…
$6.2bln Volume Of Egyptian-Chinese Trade In 6 Months
The volume of Egyptian-Chinese trade exchange reached dlrs 6.2 billion in the first half of 2015, the deputy head…
Egypt’s Edita Q2 net profit steady at 66.96 mln Egyptian pounds
Aug 13 Egypt's Edita Food Industries reported a second-quarter net profit of 66.96 million Egyptian pounds ($8.56…