MCIT counts on local manufacturing to increase electronic exports to $3bn
Local electronics manufacturing is one of the main axes of the Ministry of Communications and Information…
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NTRA may revise international portal licence prices on Egypt pound float move: sources
Egypt’s telecoms regulator the National Telecommunications Regulatory Authority (NTRA) may consider revising prices…
Local autos prices to jump 50% amid floating Egyptian pound: official
The prices of local and imported automotives would be increased by 50 percent and 15 percent respectively due to…
Egypt steel prices to jump 15% in November: Metallurgical Industries Chamber
Local steel manufacturers are set to raise steel prices by 1,000 Egyptian pounds , i.e. 15 percent, next November,…
Cabinet forms committee to set profit margins for Egypt’s essential goods
Egypt’s Cabinet is set to form a new committee headed by Prime Minister Sherif Ismail to set profit margins for…
Oil ministry: 1M butane gas canisters injected daily to cover Egypt’s needs
Egyptian petroleum ministry pumps one million butane gas canisters every day to secure needs of local market,…
CBE keeps EGP unchanged vs dollar, contradicts flotation forecasts
The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar at…
ISIS claims Yemen suicide bombing, says about 60 militia recruits killed
Islamic State claimed responsibility for a suicide bombing at a local militia compound in the southern Yemeni city…
Oil ministry adopts strategy to maximise local component in petrochemical projects
Egyptian petroleum ministry is adopting a strategy to maximise local component and manufacturing in petroleum…
Egypt arranges a $1 bln fund from China for sanitation projects
Egypt is currently negotiating for a $1 billion fund from China to finance local sanitation projects, according to…