Egypt’s GAFI seeks to strengthen investment ties with Vietnam
Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), has met with Vietnamese…
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home appliances
Egypt opens Bosch’s 1st factory in Africa
Egypt's Prime Minister Moustafa Madbouly inaugurated the first manufacturing facility in Egypt and Africa for BSH,…
Egypt PM: Local component at BSH plant hits 50%
Egypt’s Prime Minister Moustafa Madbouly inaugurated the first BSH factory in the state and Africa with a 50 per…
URGENT: Egypt’s annual inflation up to 13.1% in March ’25
Egypt’s annual inflation rate accelerated to 13.1 per cent in March 2025, up from 12.5 per cent in February, driven…
US online sales surge on Black Friday
US Black Friday retail spending showed mixed results, with brick-and-mortar stores seeing only a 0.7 per cent…
Egypt accepts yuan for Chinese firms incorporation
Chinese companies are now invited to apply for new investment land allocations in New Alamein and New Minya cities…
Germany’s BSH-Siemens to pump €80 mln investments in Egypt
Germany's BSH-Siemens seeks to inject investments of €800 million ($988.7 million) in Egypt to produce home…
Home appliances maker El-Araby 2016 sales hit 10 bln Egyptian pounds
Egypt’s electronics and home appliances maker, El-Araby Group reported Monday around 10 billion Egyptian pounds…
LG Electronics reduces prices of products in Egypt by 9%
South Korea's LG Electronics Inc said Sunday it would lower the prices of its products in Egypt following the…
LG Electronics’ investments in Egypt jump to $200 mln
LG Electronics’ investments in Egypt grew to $200 million, Tae Hun Ryu, head of home appliance sales and marketing…