Latest in Tag: steel Highlight

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Latest in Tag: steel


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Industrial sector, investments will rise when Egypt offers preferential treatment to local products: Trade minister

  Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour told the Daily News Egypt in an interview for the Euromoney supplement that the law offering preferential treatment to local products will be referred to the presidency in September for approval. The minister, who also discussed the industrial lands and factory issues, stressed that …

Doaa Farid

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Handcrafting Ramadan

  Sunrays filter through rows of glass Ramadan lanterns, spraying colour over the narrow alley in Al-Darb Al-Ahmar. People view the displayed lanterns with admiration as they walk by, but only a few negotiations with shop owners end in a sale. Using Lanterns in Ramadan celebrations is a tradition that goes back to the Fatimid …

Marwa Morgan

Ezz Steel Q3 trims net loss

Reuters – Ezz Steel, Egypt’s biggest steel maker, trimmed its net loss by 74% in the third quarter of FY 2013 to 28.64 million Egyptian pounds from 110.05 million a year earlier, company results showed on Monday. Street unrest, political turmoil and an economic slump since a popular uprising toppled autocrat Hosni Mubarak in 2011 …

Daily News Egypt