A delegation of Italian food and agricultural institutions and business leaders will visit Egypt within this March, said Italian Ambassador to Cairo Michele Quaroni said on Monday.
Speaking at the first edition of Cairo Food Summit, Quaroni further (...)
Saudi Arabia's L'azurde Company for Jewellery is planning to increase production capacity in Egypt by 10-20 percent this year, executive general manager for Egypt said on Sunday.
Ihab Ibrahim told Amwal Al Ghad that the company's sales in Egypt (...)
Egypt's retail and wholesale sector accounted for 14.5 percent or 850 million Egyptian pounds of the country's gross domestic product (GDP) during fiscal year 2019/2020, the First Assistant of the Minister of Supply and Internal Trade, Ibrahim (...)
India's LuLu Group is planning to invest $500 million in Egypt over the next three years to build out its branch network, according to its Chairman & Managing Director, Yusuff Ali.
The group intends to open 11 hypermarkets and 4 mini markets in (...)
Fresh Electric for Home Appliances has developed ventilators the new devices according to Mohamed El Mohandes, Chairman of the Chamber of Engineering Industries.
He also told Amwal Al Ghad that the company is carrying out medical tests on the (...)
Iron prices has witnessed a 100 percent increase since the floatation of the Egyptian pound, Head of the Building Materials Division at the Cairo Chamber of Commerce Ahmed el-Zeiny.
He told Amwal Al Ghad that the prices of building materials during (...)
Egypt is looking to export commodities worth $ one billion to the US through the Qualified Industrial Zone protocol (QIZ) during the current year with an increase of 15 percent, head of the QIZ unit at the Egyptian trade ministry Ashraf El Rabiey (...)
Food Industries Export Council revealed that 96 giant Egyptian companies will participate in Anuga, the World's leading food fair for the retail trade and the food service and catering market, taking place on 5-9 October 2019 in Berlin, the (...)
India's LuLu Group International seeks to invest 2 billion Egyptian pounds to establish 20 hypermarkets and outlets within two years, according to Ibrahim Ashmawy, First Assistant Minister of Supply for Investment and Head of the Internal Trade (...)
Egypt's iron and steel exports declined by 30 percent during the first half of 2019 as exporters haven't received their dues from the export subsidies programme estimated at one billion Egyptian pounds ($60.3 million), Samir Naaman, official at the (...)
Egypt's electronics and home appliances maker, El-Araby Group, seeks to inaugurate first plant for components in its industrial complex in Beni Suef by mid 2020, CEO Ibrahim El Araby revealed to Amwal Al Ghad.
Alaraby's new industrial complex in (...)
Marakez for Real Estate Investment, the Egyptian arm of Saudi conglomerate Fawaz Alhokair, aims to complete works on a major commercial mall in the Nile Delta city of Mansoura within 2021.
The mall, the biggest in Mansoura, will be built over 47 (...)
Egypt hopes to attract around 5 billion Egyptian pounds ($300.8 million) in investments from a planned logistics zone in Nile Delta governorate of Beheira, according to a senior official.
Last October, the North African country had laid the (...)
Egypt's newly-established trade investment and development firm, MWS says it plans to complete a new logistics zone in Damanhour city, 160km (99.4 miles) northwest of Cairo within three years.
With investments of 2 billion Egyptian pounds ($120.3 (...)
Egypt has signed a memorandum of understanding (MoU) to establish two new logistics zones, Supply Minister Ali Moselhy said on Tuesday.
The MoU was signed by Red Sea Governor Ahmed Abdullah and Ali Moselhy to establish the logistic zones spanning (...)
Egyptian fertilizer company Evergrow has finished expanding an industrial complex in 6th of October with production capacity of 610,000 tonnes annually.
The company's investments reached $8 billion by expanding this complex, said Evergrow's chairman (...)
Prices of iron per tonnes decreased to 300 Egyptian pounds from 400 pounds due to decreasing international prices of pallet by about $50 per ton, according to Head of the Building Materials Division at the Cairo Chamber of Commerce Ahmed (...)
The investments of Egypt's plastic sector reached around $5 billion, said Hamed Moussa, chairman of Egyptian Plastic Exporters and Manufacturers Association (EPEMA), on Saturday.
Moussa further made his remarks on the sidelines of Egyptian (...)
The Turkish and Egyptian Businessmen Association (TUMIAD) is currently in talks to establish 50 plants in cooperation with Turkish businessmen, board member Hamada Al Agwany said.
TUMAID has lately signed a memorandum of understanding to implement (...)
Egypt's rebar imports fell by 76 percent, reaching 384,000 tonnes in the first 11 months of 2017, marketing officer in the country's largest steel producer Ezz Steel said Tuesday.
Imports earlier stood at 1.589 million tonnes in the January-November (...)
Egypt targets between 10 and 15 percent increase in its food industries exports to reach $3.45 billion by 2018, the country's food export council (FEC) head Hani Berzi said Wednesday.
"This year will witness an improvement in the sector (food (...)
Egypt's largest steel producer Ezz Steel targets a 176 percent rise in exports, to record $500 million at the end of 2017 from $181 million last year, its marketing director George Matta said Monday.
Egypt's iron exports are expected to reach (...)
European Commission approved a new financing for unions and chambers of industry and commerce in the Southern Mediterranean region, including Egypt, said an Egyptian official on Sunday.
The new financing is in form of a grant worth €5 million that (...)
Chairman of the Egyptian-Japanese Business Council Ibrahim el Araby said that the council is organizing a promotional mission to Japan within the coming week, led by Minister of Investment and International Cooperation Sahar Nasr.
Egypt's (...)
The Federation of Egyptian Chambers of Commerce (FEDCOC) is organising next Thursday the second annual Egyptian-Portuguese business forum.
Egyptian Foreign Minister Sameh Shoukry and his Portuguese counterpart Augusto Santos Silva will inaugurate (...)