Egypt’s SCZONE signs $8m Chinese deal for new garments factory
China’s Shuan Feng has signed a contract to establish a ready-made garments factory in Egypt’s West Qantara…
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Egypt pushes to boost flax cultivation, local processing
Egypt's Industry and Transport Minister Kamel El Wazir met with Public Business Sector Minister Mohamed Shimi,…
Egypt’s SCZONE signs $7m deal with Germany’s SUN GARDEN
Egypt’s General Authority for the Suez Canal Economic Zone (SCZONE) signed a $7 million (approximately EGP 340…
German economy faces 3rd year of recession in ’25 – DIHK
Germany is set to face its third consecutive year of recession in 2025, according to the latest economic survey by…
S. Africa’s manufacturing contracts again in Dec ’24
South Africa's seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell to 46.2 points in December 2024, a…
Egypt’s Treegas, Czech HPC ink €10m fibreglass LPG cylinder deal
Egypt's Treegas signed two significant agreements to boost its production and export of fibreglass LPG cylinders, a…
Egypt embarks on new era of private sector-led growth
Egypt is poised to enter a new phase of economic stability and growth, fuelled by the private sector.
Egypt prioritises private sector growth, fiscal stability – FinMin
Egypt's Minister of Finance Ahmed Kouchouk emphasised the importance of increasing the private sector's role in the…
French manufacturing contracts sharply in August ’24
France's manufacturing sector faced a significant downturn in August, according to the latest HCOB PMI data.
China condemns US export controls
China's Ministry of Commerce on Sunday strongly criticised the United States for including multiple Chinese…