The Federal Reserve is raising expectations for an interest rate rise this year, even as early as …
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Industry & Trade
Ten states capture 94% of Egypt ready-made clothes exports in H1 2016
by Noha Gadby Noha GadAround ten North American, European, and Arab states seized 94 percent of Egypt’s ready-made clothes exports during …
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The number of tourists coming to Egypt dropped by 50 percent in the first half of 2016 …
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Sales across the automotive market continue to decline, even following a slight recovery from the crisis of …
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Industry & Trade
1,306 new projects granted approvals in H1 2016: Egypt’s industry minister
by Noha Gadby Noha GadEgyptian industry ministry granted licences for 1,306 new projects inside and outside industrial zones during the first …
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Volkswagen (VOWG_p.DE) reported on Wednesday its operating profit came to 7.5 billion euros ($8.3 billion) in the …
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Industry & Trade
French carmaker PSA sales slide on China weakness, sees slight Brexit impact
by Noha Gadby Noha GadPSA Group’s (PEUP.PA) first-half sales fell 0.2 percent, the French carmaker said on Tuesday, citing difficulties in …
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China’s economy will grow at about 6.6 percent this year, and will need to be underpinned by …
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The volume of total executed investments in Egypt hit around 172 billion Egyptian pounds (US$19 billion) during …
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Industry & Trade
Egyptian Ethydco complex to produce polyethylene H2 2016; Sidpec head says
by Noha Gadby Noha GadThe petrochemicals complex of the Egyptian Ethylene and Derivatives Company (Ethydco) is expected to start producing polyethylene …