EDA launches export subsidy initiative to support local pharmaceutical industry

Initiative reviews, updates all export procedures at EDA, to ensure they comply with global regulatory rules

Daily News Egypt

Oriental Weavers expects sales of EGP 10.1bn in 2021

Company aims to increase prices by 3% in 2021, capex expected to reach $17m-$20m

Alyaa Stohy

Philip Morris announces new price list for tobacco products

Philip Morris – Egypt has announced the new price list for different brands of MARLBORO, L&M, and MERIT tobacco products.

Daily News Egypt

Ezz Steel to turn profitable by Q2-Q3, if strong market conditions continue

Company hopes to produce 1.8m tonnes of flat steel, between 3m-3.5m tonnes of rebars in 2021

Alyaa Stohy

Egypt, Spain, Philippines discuss stronger cooperation in tourism, antiquities

They discuss coordinating efforts to resume inbound international tourism to Egypt

Nehal Samir

SIDPEC selects Honeywell to support petrochemical complex expansion

Honeywell Process Solutions (HPS) announced, on Tuesday, that its technology has been selected by Sidi Kerir Petrochemicals Company (SIDPEC) in the upgrade of the latter’s production capabilities at its Alexandria…

Daily News Egypt

Egypt offers international bonds worth $3.75bn in 3 tranches

Increasing demand for Egyptian international bonds represents coverage ratio of up to 4.4 times value of offering: Maait

Hossam Mounir

LuLu Hypermarket opens largest Egypt branch at Porto New Cairo

New branch stretches over 9,500sqm and introduces company’s new concept in Egypt

Daily News Egypt

TE, IBM, Red Hat collaborate to boost digital transformation in Egypt

Cooperation emphasises company's strategy of modernising infrastructure, providing customers with best services, says Telecom Egypt CEO

Mohamed Alaa El-Din

ICT Ministry to develop automated Supreme Constitutional Court services

Egypt’s Minister of Communications and Information Technology Amr Talaat and Supreme Constitutional Court President Saeed Marei have signed a cooperation protocol to complete the automation and development of the latter…

Mohamed Alaa El-Din