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Business - Economy
9/9/2024 6:42:36 PM
Egypt should invest $40-$50 billion to reach $140 billion in exports, Minister of Investment and External Trade Hassan ElKhatib said during the First Conference for Food Industries Exporters.

Business - Economy
9/9/2024 1:30:31 PM
Egypt’s exports of jewellery and gemstones increased by 118 percent from January to July amounting to $1.526 billion, compared to $700 million in 2023, according to the Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) monthly report.

Business - Economy
9/3/2024 12:03:15 PM
The Engineering Export Council of Egypt revealed that engineering industry exports have increased by 29.9 percent since the beginning of the year till July, reaching $3.052 billion compared to $2.35 billion during the same period in 2023.

Business - Economy
7/31/2024 2:39:27 PM
Indian Ostwal Group of Industries (OGI) plans to invest $300 million in building a fertilizer production plant with an annual capacity of 700,000 tons in Egypt, according to Minister of Investment and External Trade Hassan ElKhatib.

Business - Tech
7/22/2024 12:57:47 PM
The Information Technology Industry Development Agency (ITIDA) and DXC Technology Egypt signed a memorandum of understanding (MoU) on Sunday to promote collaboration in boosting Egypt’s software industry and offshoring exports.

World - International
7/20/2024 10:25:18 AM
Much of the world faced online disarray Friday as a widespread technology outage affected companies and services across industries — grounding flights, knocking banks and hospital systems offline and media outlets off the air.

Business - Economy
7/15/2024 8:47:26 PM
Ibrahim Embabi, Chairman of the Tobacco and Cigarettes Division of the Chamber of Food Industries in the Federation of Egyptian Industries (FEI), told Ahram Online that tobacco products are expected to see a rise next year due to the application of fees and value-added tax in line with the related laws.

Business - Markets & Companies
7/15/2024 4:11:52 PM
Benha Electronic Industries Company (Military Factory 144) has signed a cooperation agreement with French company Thales, according to a Ministry of Defence and Military Production statement on Monday.

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.

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