Industry News
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Study: Egyptians lowest on life satisfaction and hope for the future
Pew survey: Egyptians tend to be among the least satisfied with every aspect of life asked about.
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Samsung Electronics Honored with 80 Awards at CES 2015
Best of Innovation and 31 Home Entertainment Honorees reflect Samsung’s achievements in industry-leading design and technology innovation across categories.
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Egyptian Minister of Transport to pay official visit to Cyprus
Ministers will discuss ferry connection between Cyprus and Egypt.
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Obourland Cheese Company to launch 2 factories with EGP 100m investments
Egyptian market is very promising, and is biggest global white cheese market, says Tetra Pak MD.
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Agreement signed converting 2,000 cars to run on natural gas
210,000 cars running on natural gas, 180 supply stations and 74 conversion centers created between 2012 and 2014.
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Federation of Egyptian Industries submits proposal amending automotive sector taxation
The proposal includes reassessing the sales tax on local and imported cars to boost domestic products
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U.A.E. Says Egypt Subsidy Cut ‘First Step’ in Broader Strategy
Egypt raising fuel prices is the “first step” in a broader strategy to reduce subsidies and budget deficit
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Arafa Holding plans European market entrance in 2015
Egypt’s monetary policy encourages importers and deters producers, Egyptian pound losing real value
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Egypt forgives Iraqi debt in exchange for oil
Iraqi prime minister's visit included signing several agreements
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Suez Canal revenues record $445.5m in December
The Suez Canal is a key source of foreign currency for Egypt
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Egypt, Abu Dhabi sign agreement developing maritime transportation
Red Sea Port Authority and Abu Dhabi’s counterpart to form joint companies encouraging marine investments
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MTZ tractor exports to Egypt up 2.3 times in 2014
Egypt is the biggest market for MTZ on the African continent
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Aston Martin launches in Egypt
Various models of Aston Martin will be available on order
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Egypt's cabinet approves funding for $1.6 bn electricity link with Saudi Arabia
To be completed by 2017, the new link to Saudi Arabia will make 3,000 megawatts of extra electricity available for peak hours
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Customs confuses automobile market calculations
Pilot prices for European products rang between fact and fantasy, agents complain about excessive customs values.
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Egypt's GB Auto says plans $134 mln rights issue
The rights issue would increase GB Auto's capital to 1.1 billion pounds, the company said in a statement.
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Arafa Holding plans European market entrance in 2015
Egypt’s monetary policy encourages importers and deters producers, Egyptian pound losing real value
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Gold miner Centamin Egypt's revenues rise 6pct in 2014
Centamin, working out of the Sukari mine in Egypt, says its production will rise by 11 percent in 2015.
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Essel Propack boosts manufacturing capacity in Egypt, China
Essel Propack claims to be the world's largest specialty packaging company manufacturing laminated plastic tubes catering to FMCG and pharma sectors.
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New subsidy cut may be the end of Egyptian Cotton
The removal of government subsidies on cotton may leave farmers harvesting 'anything but'.