Egypt’s Oriental Weavers profits drop in 9 months
Egypt’s Oriental Weavers for carpets, rugs, and related raw material products reported a drop in its profits for…
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industry and trade news
Islamic Development Bank unit, Egypt to sign export boost plan next Sept
Egyptian Minister of Trade Tarek Qabil will sign an action plan next September with the International Islamic Trade…
Egypt’s Industry Confers With Banks Over Funding Suspended Plants: Minister
Mounir Fakhry Abdel Nour, Egyptian Minister of Industry and Foreign Trade, has revealed that the ministry started…
EU Imports EGP20.7 Bln Egyptian Products During H1 Of 2013
The Egyptian exports to the European Union (EU) recorded EGP 20.7 billion during the first half of 2013, rose by…
Egyptian Moroccan Chamber Eyes Establishing Joint Holding Company By 2014
Ibrahim Abu Emira, Chairman of the Egyptian-Moroccan Chamber of Commerce, has revealed that the chamber aims to…
In Egypt Turmoil, Start-Up Firms Find Ways To Flourish
Egypt's revolutions have been kind to Ahmed El-Kerdany. The young entrepreneur has raised millions of dollars of…
Egypt Adds EGP164 Mln To Its Exports Of Agricultural Crops
The exports of the Agriculture Export Council (AEC) in Egypt last June achieved EGP 1.558 million, compared to…
Turkish Market Received EGP4.7 Bln Egyptian Exports During H1 Of 2013
The Egyptian exports to the Turkish market during the first-half of 2013 achieved high growth rates recording EGP…
Turkey Halts Navigational Lines With Egypt To Shows Solidarity With MB
In an attempt to show solidarity with Muslim Brotherhood in Egypt, Turkey has taken a decision to prevent its…
Turkish Council Discusses Joint Relations With Egypt
The Egyptian-Turkish Business Council will convene an urgent meeting today at the headquarters of Egyptian…
Ethiopia Received EGP48 Mln Egyptian Exports Last June
Egyptian exports to the Ethiopian market reached EGP 48 million during June 2013, compared to EGP 18 million at the…
EU Ratifies 3 Developmental Ventures in Alexandria, Fund Reaches EGP234 Mln
Ahmed Al Wakeel, Deputy Chairman of (ASCAME), Association of the Mediterranean Chambers of Commerce and Industry,…
Egypt’s Exports Of Potato Hit EGP284 Mln Last May
Egypt's exports of potato crop recorded as to EGP 284 million throughout the period January-May 2013 rose by EGP 60…
Traders, Makers Announce Their Participation in “Support Egypt Fund”
Federation of Egyptian Chambers of Commerce and Federation of Egyptian Industries (FEI) decided to take part in…
Badr City Shuts 80% of Plants, Lose $95 Mln In A Week
Alaa Al Sakty, Head of Badr Investors Association, and Leader of Egyptian Investors Team in Ethiopia, has revealed…
Plants Shut On Egypt’s 2nd Revolution, Investors’ Fears Mount
Mohamed Fathy, Head of Abu Rawash Investors Association, said the conditions in the industrial zone are getting…
KSA Halts $8 Bln Investments in Egypt’s market As Protests Imminent
Egypt-Saudi Business Council suspends the Saudi investments inside the Egyptian until the June 30th demonstrations,…
Helmy Helal Invests EGP100 mln In Solar Energy New Valley
Egyptian businessman Mohamed Helmy Helal, who invests in the field of energy, has gotten a plot of land in New…
Egypt’s Manpower To Ink Thursday Cooperation Protocol With Turkey’s TIKA
Egyptian Ministry of Manpower and Immigration will sign a protocol of cooperation with the Turkish International…
Russia Monthly Grain Exports Seen Lower on Egypt Economy
Monthly wheat shipments from Russia, the world’s fifth-biggest wheat exporter, will be lower than in the last two…
Egypt’s Exports To Italy Climbed To EGP4 Bln Last May
Egyptian exports to the Italian markets notably rose by 22% throughout January-May 2012, recording EGP 4 billion,…
British Co. Halts £1 bln Investments In Egypt Over 30-June Protests
Tarek Saad El Din, CEO of Tourism Development Authority (TDA), said the venture of constructing a city for car…
Moroccan Chamber Prepares for Egyptian Delegation’s Visit to Casablanca Over Joint…
The Egyptian-Moroccan Chamber of Commerce will hold a meeting today to prepare for the delegation of Egyptian…
Egypt, Istanbul Sign MoU On Developing Transport In Cairo
Ragab Moussa, Assistant Minister of Transport, has asserted that a memorandum of understanding between Istanbul’s…
Egypt’s Industrial Growth Hits 3% In 10 Months- Hatem Saleh
Egyptian Minister of Industry Hatem Saleh asserted that the industrial growth rates remarkably climbed to 3%…
Egypt Sees 20% Deficit in Commodities During Holy Month – Official
The Federation of Egyptian Chambers of Commerce has estimated the rate of deficit of the food commodities, which…
Germany’s Terms Of Trade With Egypt Worth €4 Bln
Dr. Rainer Herret- CEO, German-Arab Chamber of Industry and Commerce, stated that the terms of trade (TOT) between…
German Ambassador To Cairo Opens 2nd HQ Of NEP
German ambassador to Egypt, Mr. Michael Bock, inaugurated this morning the second branch of "National…
Bypassing Dam Crisis, Egypt’s Exports To Ethiopia Hit EGP46 mln In May
In spite of the crisis of the Grand Ethiopian Renaissance Dam aroused last month, the Egyptian exports to the…
Egypt’s Railways Lost EGP25 Mln In 5 Months
Egyptian National Railways authority, according to its last statistics, announced that the volume of losses…
Industry Act Amendment To Encourage Investing In Upper Egypt, Sinai: Minister
Egypt's Shura Council, Upper House, has accepted to amend the industry law that allows the Egyptian Ministry of…
Bassem Auda: 66700 Newborn Babies Listed On Ration Cards
Dr Bassem Auda, Egyptian Minister of Supply and Internal Trade, said that as to 66700 newborn babies, from 2006 to…
Italy’s Aqua Group Injects EGP10 Mln Investments In Egypt
The initiative, which concerns transferring the Italian investments to Egypt and launched by the International…
37 Algerian Companies Look For New Investment Opportunities in Egypt
Shafiq Boumarav, Vice Chairman of Algerian Economic Club, has stressed the necessity of strengthening the Egyptian…
IBIA: Volume Of Egyptian Investments In Algeria Is $5 Bln
Egypt's IBIA, International Business and Investment Association, has signed a cooperation protocol with the…
CEBC’s Head: Canadian Investments In Egypt To Reach $9.5 Bln
The volume of the Canadian investments operate in the Egyptian market would…
Egyptian Union In KSA Discuss Possibility of Contributing To Suez Canal Project
Dr. Waleed Abdel Ghaffar, Head of Technical Committee for Suez Canal Corridor, stated that a delegation takes in…
Current Fuel Crisis Is Unjustifiable And Petroleum Ministry Injects Extra Quantities
Ahmed Abdel Ghaffar, Member of Petroleum Products Division, at the Federation of Egyptian Industries (FEI), said…
30 June Protests Not To Impact Egypt’s Economy, FJP’s Official Says
Mohamed Gouda, Head of the Economic Committee at the Freedom and Justice Party (FJP), said that the 30 June…
IBIA To Receive Egyptian Algeria Business Forum On Sunday
The International Business & Investment Association (IBIA) in Egypt will receive next Sunday a delegation of…