Egyptian startup to help use solar energy in 1.5 million feddans project
Egypt is set to use renewable energy resources to power the irrigation systems of its national project to reclaim…
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industry & trade
Egypt arrears owed to foreign oil firms surges to $3 billion at end-2015
Egypt's outstanding arrears to foreign oil companies surged to US$3 billion at the end of December 2015 from US$2.7…
Lufthansa says to add 4,000 new jobs in 2016
Deutsche Lufthansa AG (LHA.XE) said Friday it plans to create more than 4,000 new jobs in 2016. The company said it…
Egypt to establish industrial complex for SMEs in Luxor
Egypt’s Industrial Development Authority (IDA) has approved a proposal to establish a complex for the small and…
Egypt engineering exports tapping into new markets in Africa in 2016
Egypt’s Engineering Export Council (EEC) is seeking to open up new markets for the country’s exports, notably in…
Turkey top importer of Egypt’s chemical industries in 11 months
Turkey has been the biggest importer of Egypt's chemical industries during the past eleven months of 2015, a recent…
Egyptian biggest steelmaker Ezz Steel Q3 net loss narrows 21.5%
Egypt's largest steel producer Ezz Steel narrowed its net loss in the third quarter of this year by 21.5 percent…
Egypt raises export duty on scrap fabrics by 40% – minister
Egypt is to raise duties on exports of scrap fabrics used in the manufacturing of furniture fabrics by 40 percent,…
Saudi funds in talks to invest $1.5bn in Egyptian developmental projects
Egypt is negotiating with Saudi mutual funds so as to pump $1.5 billion into some developmental projects in the…
Egypt studies two Russian offers to bolster steel industry
Egypt is currently studying two offers from Russian companies to upgrade the steel furnaces of Egyptian Iron &…
