Posted in Finance

PIF launches Saudi Egyptian Investment Company to foster investment in Egypt

The Public Investment Fund (PIF) on Friday 05/08/2022 launched the Saudi Egyptian Investment Company (SEIC) to invest in promising sectors throughout Egypt, one of the…

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Posted in Finance

Egypt’s printing, packaging exports hit dlrs 614.6mln in 6 months

The Egyptian Export Council for Printing, Packaging, Paper, Literary and Artistic Works announced that the sector’s exports from January to June 2022 rose by 37…

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Posted in Finance

Nokia, HMD Global OY, EAI sign cooperation deal

Communications and IT Minister Amr Talaat witnessed the inking of a cooperation agreement between Nokia, HMD Global OY and EAI for manufacturing one million mobile…

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Cabinet: Suez Canal not negatively affected by global crises

The cabinet media center has said the Suez Canal has not been negatively affected by the impacts of current global crises thanks to its distinguished…

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11,000 tonnes of goods handled at Red Sea ports

A total of 13 ships were anchored at Red Sea harbors and 11,000 tonnes of goods were being handled including general commodities, 460 trucks and…

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Posted in Finance

32 container ships, cargo vessels handled at Damietta Port

As many as 32 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement on Friday, the…

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Petroleum Ministry seeks to turn Hamra petroleum port to strategic hub for handling petroleum products

Petroleum and Mineral Resources Minister Tarek el Molla said on Thursday 4/8/2022 the expansion of Hamra petroleum port, which lies around 120 kilometers west of…

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President El-Sisi Reviewed State’s Efforts to Localize the Industry

President Abdel Fattah El-Sisi met on 1/8/2022 with Director General of the National Service Projects Authority in the Armed Forces, Major General A.H. Walid Abul-Magd,…

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Posted in Finance

PM asserts need of carrying out projects of industrial partnership initiative

Prime Minister Moustafa Madbouli started the government meeting held at New Alamein City Thursday 28/7/2022 with greeting President Abdel Fattah El Sisi, the ministers and…

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