Damietta Furniture City to raise Egypt’s exports by more than $200m: Minister
The set-to-be-established Damietta Furniture City is expected to participate in boosting exports of furniture…
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Cypriot mission to visit Egypt next October on tourism cooperation
A Cypriot mission encompassing 15 representatives of tourism sector is scheduled o visit Egypt next October,…
Indian firm to inject $33mn into Egypt’s chemicals sector
An Indian firm working in field of resins and industrial chemicals field plans to inject more investments of 300…
Household sector acquires 75.3% of total deposits in banks in May: CBE
The household sector acquired 75.3% of the total deposits in banks in May, according to a recently issued report by…
Brexit uncertainty created pause in UK mortgage sector in July
The UK’s mortgage sector was hit in July as a result of the European Union referendum with both the number and…
Wall St. little changed as biotechs offset energy drop
U.S. stocks were little changed on Monday as a drop in oil prices that weighed on the energy sector was offset with…
Oil sector implements $20mn-VRU project to cover Egypt’s butane, naphtha needs
Egyptian petroleum sector is currently executing a project for building new Vapor Recovery Unit (VRU) with total…
Drop in glass exports halts $338mn-expansionary investments: Egypt’s Council
Egyptian glass firms are set to suspend their new expansionary plans in the local market due to the obstacles that…
Egypt executes 8 petrochemicals projects worth US$7.4bn; oil minister says
Egyptian petroleum sector owns eight largest petrochemicals projects with investments worth US$7.4 billion and…
Sawiris’ OTMT plans investing in Egypt’s food, agricultural industries sector
Egypt's Orascom Telecom Media and Technology Holding company (OTMT) -owned by tycoon Naguib Sawiris - is currently…