Industrial

Egypt allocates LE 10B for Upper Egypt development in 2018/19

Sun, 15 Apr 2018 - 02:30 GMT

Egypt aims to direct LE 10 billion of the government’s investments in the new fiscal year 2018/19 to develop Upper Egypt’s governorates.

Egypt, UAE agree to boost investment, commercial ties

Sat, 17 Mar 2018 - 02:12 GMT

The UAE was the biggest country importing from Egypt in 2017, with Egyptian exports to the Gulf country standing at $2.5 billion.

China to review anti-dumping duties on U.S., E.U. industrial solvents

Sat, 27 Jan 2018 - 10:30 GMT

China’s commerce ministry said on Saturday that it would launch an anti-dumping review of industrial solvents imported from the U.S. and the EU.

Business News Wrap-up

Sat, 20 Jan 2018 - 05:22 GMT

A wrap-up of the most prominent business news of the day

Business News Wrap-up

Sat, 13 Jan 2018 - 05:09 GMT

A wrap-up of the most prominent business news of the day

Polaris to establish industrial complex for SMEs in Egypt

Sat, 13 Jan 2018 - 04:05 GMT

The project will include 56 entities on an area of 56,000 square meters that can be used in different forms such as factories and depots.

MSMEDA provides LE 4.8B in funding to SMEs in 2017

Thu, 11 Jan 2018 - 12:10 GMT

MSMEDA has financed 224,000 micro and small projects with some LE 4.5 billion in 2017, providing around 305,000 jobs.

Industrialists: Gov't decisions in 2017 helped improve investment atmosphere

Sun, 31 Dec 2017 - 11:52 GMT

The Egyptian government has taken several decisions and measures during 2017 which helped improve the investment atmosphere.

Over 2,000 companies formed, expanded in November

Wed, 20 Dec 2017 - 02:59 GMT

The capital of companies valued at LE 3.9 billion compared to LE 1.6 billion in the same month last year.

National strategy drawn up to develop palm date sector: Min.

Sat, 18 Nov 2017 - 05:26 GMT

The plan has been presented to President Abdel Fattah el-Sisi, who ordered to form a panel to discuss providing a date meal for school students.

New free zone to be established in Red Sea’s Safaga: Governor

Sat, 11 Nov 2017 - 05:34 GMT

A new free zone would be established on an area of 455,000 square meters adjacent to the Port of Safaga.

7 Greek firms to invest in various sectors in Egypt

Sat, 11 Nov 2017 - 02:41 GMT

The industries targeted are textile, food processing, auto parts manufacturing, renewable energy, and petroleum.

Egypt announces over 4,100 industrial opportunities

Tue, 31 Oct 2017 - 11:12 GMT

The industrial investment map, launched Tuesday, included 4,136 opportunities in eight sectors, Minister of Industry Tarek Kabil said in a press conference.

80% of industries will obtain permits in one week: Min

Sun, 29 Oct 2017 - 04:55 GMT

The new Industrial Permits Act has reduced the time needed to acquire a permit from 360 days to only one week.

Industry Min. inaugurates technical training complex in Suez

Sat, 28 Oct 2017 - 12:59 GMT

Built over 2,700 square meters, the new complex includes a large number of classrooms and workshops that will be dedicated to 10 main crafts.

Business news wrap-up

Sat, 21 Oct 2017 - 05:00 GMT

A wrap-up for the most prominent business news of the day.

China still on track to hit growth target despite winter smog war: state planner

Sat, 21 Oct 2017 - 04:32 GMT

China’s economy is on track to meet its official growth target for 2017, the head of the state planning agency said on Saturday.

An overview of Western Egypt development project

Fri, 20 Oct 2017 - 08:00 GMT

The project will take place on 250,000 feddans, with 50 kilometers on the Mediterranean coast, costing $10 billion.

Cyclical sector rally banks on global economic expansion - wires

Sat, 14 Oct 2017 - 05:33 GMT

U.S. stock sectors that are particularly dependent on economic growth recently grabbed hold of the market’s rally.

GE names Jamie Miller as CFO, replacing Bornstein - wires

Sat, 07 Oct 2017 - 02:30 GMT

U.S. industrial conglomerate General Electric Co (GE.N) said on Friday it promoted Jamie Miller.

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