66 stalled factories re-entered operations in Egypt: Minister
Around 135 stalled factories have resumed operations in Egypt, the country's Minister of Industry Tarek Qabil said…
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industry & trade
President Sisi inaugurates Shoubra-Benha Road Monday
The Egyptian president Abdel Fattah Al Sisi has inugurated on Monday the 40 km Shoubra-Benha Road as a part of the…
UAE-Egypt trade exchange hits $1.5 bln in 2017
Trade relations between Egypt and the United Arab Emirates (UAE) is developing significantly in the current…
7 industrial complexes to be launched in Upper Egypt: Minister
The Ministry of Industry is currently finishing procedures of 7 new licensed industrial complexes in Upper Egypt…
Egypt’s Export Development Authority to build logistics centre in Russia
Egypt's Export Development Authority is coordinating with the Egyptian Commercial Service Office and the Egyptian…
Egypt suspends customs deductions on EU-imported cars in 2018
Egypt suspends the application of the annual cuts on tariffs of vehicles imported from the European Union in…
Egypt’s GASC offers tender to buy wheat from global suppliers
Egyptian state buyer General Authority for Supply Commodities (GASC) offered a tender to buy unlimited quantities…
Egypt’s engineering and electronics exports increase 11 % in 11 months
The Egyptian exports of engineering and electronic products have increased by 11 percent in the first 11 months of…
Al Robeky Leather City 2nd phase will be finished April 2018: Minister
The second phase of Al Robeky Leather City will be completely utilized by the beginning of April 2018,…
Egypt’s trade with Mercosur states records $3.3 bln annually
The trade exchange volume between Egypt and the Mercosur bloc countries registers $3.3 billion annually ,…
Egypt–Brazil Business Council to held 1st meeting in Cairo in Q1 2018
The first meeting of the Egypt–Brazil Business Council will be held in Cairo during the first quarter of…
Egypt negotiates with Saudi Arabia for $1.56 bln electricity interconnection project
Egypt is in talks with Saudi Arabia for an electricity interconnection project at a total investment cost of $1.56…
Egypt hopes to increase trade with Romania by $100 mln this year
Egypt-Romania Business Council seeks to increase the trade exchange volume between the two countries by $100…
Switzerland, Egypt sign joint declaration worth 1.5 bln Pounds
Egypt and Switzerland signed a joint declaration worth 1.5 billion Egyptian pounds CHF 86 million, including…
Egytrans net profits increased by 277%, reporting continued high performance
Egytrans, a leading provider of logistics and transportation solutions in Egypt, announced today its consolidated…
2nd phase of lands in Damietta Furniture City to be launched December 18
Damietta Furniture City company is set to launch the second phase of the industrial land plots allocated to…
IDA to launch 60 million sqm of land plots for industry by 2022
Industrial Development Authority is set to launch 60 million square metre of industrial land plots by 2022,…
Egypt-Ukraine trade exchange hit $1.2 bln in H1 2017
The volume of trade exchange between Egypt and Ukraine registered $1.255 billion during the first half of 2017,…
Chinese investments in Egypt hit $6 bln
The total Chinese investments in Egypt recorded $six billion, including direct and indirect investments,…
Egypt’s Qabil participates in a meeting on facilitating investment at WTO
Egypt’s Trade and Industry Minister TareK Qabil participated in a meeting organized by his Chinese counterpart…
Volume of Canada investments in Egypt is $3 bln
The volume of the Canadian investments in Egypt registered $3 billion according to Consul of Egypt Economic and…
Egypt capable of achieving biggest foreign investments in its history: Omran
Chairman of the Egyptian Financial Supervisory Authority Mohammad Omran said Egypt is qualified to achieve the…
Trade exchange between Egypt, Spain surge 16.9% in first 8 months of 2017
The volume of Trade exchange between Egypt and Spain has increased 16.9 in the first 8 months of 2017, reaching…
SMEDA launches a 100mln pounds initiative to convert cars to natural gas
Small and Medium Enterprises Development Authority (SMEDA) signed two contracts worth 15 million Egyptian pounds…
China’s Nari, Spain’s TSK compete to establish solar power plant in Kom Ombo
China’s Nari Solar Energy Technology and Spain’s TSK Group are competing on the tender launched by the New and…
Egypt grants 1500 licenses since approving industrial licensing law
Egypt’s General Authority for Industrial Development has granted a total number of 1500 Licenses and…
Egypt achieves industrial growth rate of 7 % during Q1 FY2017/18
Egypt’s industrial growth rate has reached 7 percent by the end of the first quarter of the current financial year…
Schneider Electric launches EcoStruxure in Egypt : Electricity Ministry
Schneider Electric , France-based leading company specialized in energy management and automation solutions, has…
Schneider Electric launches EcoStruxure in Egypt : Electricity Ministry
Schneider Electric , France-based leading company specialized in energy management and automation solutions, has…
Schneider Electric launches EcoStruxure in Egypt : Electricity Ministry
Schneider Electric , France-based leading company specialized in energy management and automation solutions, has…
Egypt exports of furniture register $270 million in 10 months
Egypt's furniture exports have retreated less during the first ten months of 2017, registering $270 million.…
New Chinese Star sells first Russia Oil from $9 Billion Rosneft Deal
A Chinese firm that’s grown from a small local trader to a global deal-making juggernaut sold its first cargo of…
Egypt’s exports register $1.1 billion to 6 Arab countries in 8 months
The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that Egypt’s total exports to six Arab…
Aramco, GE to launch Saudi Arabia’s first wind turbine next month
Saudi Aramco plans to commission its wind turbine pilot project, the first in the kingdom, next month, the state…
Volkswagen brand to return to top of volume carmakers by 2020: CEO
Volkswagen's core brand has a goal of returning to the top of volume carmakers by 2020, with adequate margins, VW…
Egypt Transportation Minister: $500 mln mega ports, containers projects are underway
Ministry of transportation is nearing complete execution of a number of major ports and containers projects with a…
European carmakers fear Trump fallout on trade, Iran
Germany's mighty automakers wasted little time on Wednesday in voicing concern that Donald Trump's election as U.S.…
GM to lay off 2,000 workers at two U.S. plants due to slow sales
General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on…
Panasonic shares plummet after heavy spending causes weaker outlook
Panasonic Corp shares plunged on Tuesday as investors reacted to a sharp downward revision of the electronics…
Sharp forecasts first annual operating profit in three years
Japan's Sharp Corp on Tuesday forecast its first annual operating profit in three years after it cut jobs and…