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Egypt to complete 13 industrial complexes by end of 2020
The government will complete 13 industrial complexes, including nine in Upper Egypt, by the end of this year, Trade and…
Auto industry wants more subsidies to produce first batch of electric vehicles
Auto industry wants more subsidies to produce first batch of electric vehicles: Auto industry figures lobbying the government to increase…
Cabinet greenlights automotive strategy
Gov’t greenlights automotive strategy: The Madbouly Cabinet approved in its weeklymeeting the long-awaited automotive strategy to encourage car assemblers and…
Signs of supply shocks in Egypt amid covid-19 disruptions
Signs of supply chain disruption in Egypt: Egypt’s supply of consumer electronics and sanitary ware is being hit by China’s…
Covid-19 outbreak weighs on Egypt’s recovering tourism, new bookings down
CORONA WATCH- Outbreak weighs on Egypt’s recovering tourism sector, new bookings down by 70-80%: Business leaders yesterday painted an ominous…
Global growth could fall to 1% this year -IIF
Global growth could fall to 1% this year -IIF: Global economic growth could fall to just 1% this year due…
EU imposes tariffs on Egyptian exports in a crossfire with China
European Union imposes tariffs on Egyptian exports to counter China subsidies: An EU tariff of 8.7% on Egyptian glass fiber…
CBE writes off EGP 17.4 bn in debt for financially distressed firms
CBE writes off EGP 17.4 bn in debt for financially distressed firms: More than 200 companies have had a portion…
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