industry

Volkswagen should pay Europeans same compensation as US drivers: EU commissioner
Business

Volkswagen should pay Europeans same compensation as US drivers: EU commissioner

Volkswagen AG should offer European drivers similar compensation to what the German carmaker is expected to pay US customers, Europe's…
Egypt’s quality authority to sell ISO certifications online
Business

Egypt’s quality authority to sell ISO certifications online

The Egyptian Organization for Standardization and Quality (EOS) said Monday it had launched a website through which it would sell…
Weakening Egyptian pound to dollar will not solve economic crisis: expert
Business

Weakening Egyptian pound to dollar will not solve economic crisis: expert

The Central Bank of Egypt governor's decision to raise the price of the Egyptian pound against the US dollar by…
Chinese imports crush local shoe-making industry in lead-up to Eid
Business

Chinese imports crush local shoe-making industry in lead-up to Eid

Struck with workforce shortages and overwhelmed by cheaper imports, Egypt’s local shoe-making industry is suffering, unable to tap into the…
Egypt’s power choices appease public, squeeze industry
Egypt

Egypt’s power choices appease public, squeeze industry

Far fewer Egyptians are complaining about the kind of power cuts that fuelled unrest in the past but government energy…
Govt sugar company: losses at LE100 m due to imports
Business

Govt sugar company: losses at LE100 m due to imports

A government-owned sugar company said it has endured millions of pounds in losses this year due to rising sugar imports. Abdel…
Industry federation backs CBE decision on dollar surge
Business

Industry federation backs CBE decision on dollar surge

Egypt’s industry federation has voiced support for the central bank’s decision to raise US dollar exchange rates against the Egyptian…
Egypt seeks Huajian contribution to leathers hub
Business

Egypt seeks Huajian contribution to leathers hub

Egypt is negotiating with Chinese leather manufacturing giant Huajian Group to establish the latter’s contribution in a leather industry hub…
Minister: Egypt to implement projects worth LE3.1 bn in May
Business

Minister: Egypt to implement projects worth LE3.1 bn in May

Two hundred twenty-one industrial projects worth LE3.1 billion were cleared in May to begin implementation, Trade and Industry Minister Mounir Fakhry Abdel…
Minister approves temporary licensing for industrial projects
Business

Minister approves temporary licensing for industrial projects

The Ministry of Industry and Trade has decreed to allow the Industrial Development Authority to issue temporary licenses for industrial…
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