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Dana Gas posts $376 million 2020 net loss amid impairments on Egyptian assets
United Arab Emirates energy firm Dana Gas said it posted a 2020 net loss of $376 million compared to a net profit…
All land, maritime, air ports in Egypt will be linked through single window system
The national project for modernising and automating the customs administration system aims to link all land,…
Egyptian food industries exports to China record 21% increase in 2020
Egypt’s food industry exports to China have seen $36m during 2020 increasing by 21 percent, according to Tameem…
Elsewedy Electric’s subsidiary sign EGP 126m deal for a sewage treatment plant
Elsewedy Electric’s subsidiary Elsewedy Electric for Trading and Distribution and Alexandria Petroleum Maintenance…
UAE, UK are Egypt’s top foreign investors in FY2019/2020
The UAE and the UK were Egypt’s two biggest foreign investors during the 2019/2020 financial year, recent…
Egypt’s headline inflation slows down to 4.8% in January
Egypt's headline inflation rate fell by 0.4 percent month-on-month (MoM) to 110.2 points in January, according to…
Rameda withdraws offer to acquire GlaxoSmithKline Egypt stake
Egypt’s Rameda Pharmaceutical said in a bourse filling on Tuesday it had withdrawn its proposal to acquire…
Egypt to sign deal with foreign firm to manufacture tablets locally soon – minister
Egypt is expected to sign an agreement within the first quarter of the year with one of the foreign firms to…
Onsi Naguib Sawiris named chairman of Orascom Financial Holding
Orascom Financial Holding on Tuesday announced that Onsi Sawiris, the son of Egyptian business mogul Naguib…
Egypt sees 4.7% decrease in trade deficit during November 2020: CAPMAS
Egypt reported a 4.7 percent decrease in trade deficit during November 2020, the Central Agency for Public…