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Business - Economy
7/10/2024 4:56:55 PM
Talaat Moustafa Group (TMG) and Edita Food Industries SAE announced the resignation of Minister of Finance Ahmed Kouchouk and Minister of Investment and External Trade Hassan ElKhatib, respectively, from their boards of directors, according to official statements sent to the Egyptian Exchange (EGX).

World - International
6/14/2024 12:57:27 PM
G7 leaders meeting in Italy turn their attention to China on Friday, from security in the Asia-Pacific to how best to protect their industries while avoiding an outright trade war with Beijing.

Advertising - Sponsored
4/25/2024 3:13:27 PM
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World - International
4/8/2024 12:11:53 PM
The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said Monday as she wrapped up high-level talks in China.

Business - Economy
3/25/2024 1:08:43 PM
A presidential decree establishing the Supreme Council of Taxes was issued on Monday, Minister of Finance Mohamed Maait announced.

Business - Tech
2/6/2024 7:15:17 PM
Prime Minister Mostafa Madbouly said that he is looking forward to more investments of Samsung Electronics company in Egypt in the coming period especially in light of the investment incentives of the Egyptian government to encourage establishing local industries that can benefit from exporting opportunities and incentives from Egypt to the targeted markets.

Egypt - Defence
2/6/2024 6:45:07 PM
President Abdel-Fattah El-Sisi received on Tuesday a delegation from the French aircraft manufacturer, Dassault Aviation, in Cairo, where they discussed means of cooperation in the field of military manufacturing.

Business - Economy
1/28/2024 5:15:47 PM
Egypt's recent gold market crisis could be attributed to a significant disparity between supply and demand, fueled by an overwhelming demand for profit, said Ihab Wassef, head of the Gold and Precious Ores Division at the Federation of Egyptian Industries.

Business - Economy
1/25/2024 6:11:16 PM
Gold prices in Egypt have spiked due to increased demand, read a statement on Thursday by the Gold, Jewellery, and Precious Metals Division of the Chamber of Mineral Industries of the Federation of Egyptian Industries.

Business - Economy
1/15/2024 6:01:43 PM
The historic Abu Qurqas Sugar Factory decided to halt cane sugar production after 155 years, due to a sharp reduction in sugar cane supply to the factory, Issam El-Din El-Badawi, head of the Egyptian Sugar and Integrated Industries Company (ESIIC) affiliated with the Ministry of Supply and Internal Trade, said on Sunday.

Business - Economy
1/9/2024 5:40:14 PM
Pakistan seeks to increase trade exchange with Egypt by tenfold in the coming few years, said Gohar Ejaz, Pakistani Federal Minister for Industries and Commerce.

Business - Economy
12/29/2023 5:34:56 PM
Privately-owned MAFI For Agricultural Produce Industries signed contracts on Wednesday with international agricultural companies to establish a $300 million food production complex in Sadat City, the largest in the Middle East.

Business - Markets & Companies
12/19/2023 2:00:28 PM
Global hydrogen products company OCI, 43.54 percent owned by members of the Egyptian Sawiris family, has sold its stake in the US-based major company Iowa Fertilizer for $3.6 billion to a subsidiary of the Koch Industries, according to a press release on Monday.

Business - Economy
12/11/2023 5:18:28 PM
Egypt’s Information Technology Industry Development Agency (ITIDA) signed a memorandum of understanding (MoU) with the US-based Siemens Digital Industries Software to boost cooperation and expand the company’s research and development operations in advanced technologies in the country.

Business - Economy
12/10/2023 7:14:27 PM
The Egyptian government has allocated EGP 100.7 billion in investments for the country's manufacturing industries sector during the current fiscal year (FY) 2023/24, said Minister of Planning and Economic Development Hala El-Said.

Egypt - Defence
12/5/2023 6:51:17 PM
As part of its efforts to localize the latest manufacturing technologies for various defence industries, the Arab Organization for Industrialization (AOI), is exhibiting 45 diverse products at the third edition Egypt Defence Expo (EDEX), taking place in Cairo from 4-7 December.

Al-Ahram Weekly - Egypt
11/28/2023 10:10:15 PM
Chair of the Authority for the Suez Canal Economic Zone Waleid Gamal Eldien explains how the authority is providing an enabling environment for conventional and new industries and positioning itself as a hub for renewable energy to Niveen Wahish

Business - Economy
11/27/2023 4:48:24 PM
Egypt’s manufacturing and extractive industries (excluding crude oil and petroleum products) contracted by 3.86 percent on a monthly basis in September, according to the updated data of the manufacturing and extractive index by the official statistics agency (CAPMAS).

Business - Economy
11/21/2023 7:42:20 PM
The Egyptian government needs to offer more incentives to boost local industries amid the campaign to boycott companies that support Israel, experts said to Ahram Online.

Advertising - Sponsored
11/20/2023 4:18:00 PM
Huawei will unveil its latest ICT innovations and cutting-edge solutions, reaffirming its strategic vision aiming to help various industries achieve digital transformation and leverage intelligence, in line with Egypt's 2030 vision.

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