British trade delegation in two decades concludes visit to Egypt
A British delegation including representatives of 50 companies concluded its five-day visit to Egypt on Thursday…
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industry and trade
Growth rate in Egypt increases to 5.3% during Q2: Minister
The growth rate of the second quarter (Q2) of fiscal year 2017/2018 increased to 5.3 percent, compared to 5.2…
Egyptian Iron and Steel losses hit 231 mln pounds in first 7 months of 2017
State-owned Egyptian Iron and Steel Company incurred losses stood at 231 million Egyptian pounds (13 million)…
State-owned Egypt Gas’s pre-tax profits surge 9.66% in 2017
State-run Egypt Gas Company’s profits before taxes rose by 9.66 percent, registering 28.73 million Egyptian pounds…
Egypt’s Memphis Pharmaceuticals losses hit 19.8 mln pounds in H1-FY2017/18
Egypt’s Memphis Pharmaceuticals and Chemical Industries (MPCI) unveiled Tuesday that its losses stood at 19.8…
BP CEO says to invest $1 billion in Egypt this year, not owed money
BP is looking to invest over $1 billion (721.66 million Egyptian pounds) in Egypt this year, making the country…
Egypt steps up efforts to attract investments in Gulf of Suez
Egyptian oil minister Tarek El Molla on Monday announced an agreement with an international company to conduct a…
Eni to produce 2.9 bcf per day from Egypt’s Zohr field by mid-2019
Production from Egypt’s huge offshore Zohr field in the Mediterranean will reach 2.9 billion cubic feet per day…
UAE, France ink cooperation deal on space exploration
The United Arab Emirates and France signed in Dubai Sunday a deal on cooperation in space exploration. Sheikh…
Egypt’s state-run Sidi Kerir Petrochemicals 2017 profits fall 21%
Egyptian state-owned Sidi Kerir Petrochemicals Company’s (Sidpec) profits dropped by 21 percent, registering 1.13…