Feature Climate complacency endangers eurozone banks – ECB Aya El Sayed Jan 23, 2024 0 The European Central Bank (ECB) stated on Tuesday that most large European banks are not adapting their operations…
Feature Bosch to cut 1,200 jobs in software division by ’26 Sama Mousa Jan 18, 2024 0 Bosch, the German automotive supplier, will cut 1,200 jobs in the software development division by the end of 2026,…
Tech/AI Saudi Arabia, Italy explore investments in key sectors Aya El Sayed Nov 27, 2023 0 Saudi Arabia and Italy are discussing joint investments in several sectors, including automotive, mining, oil &…
Industry & Trade Toyota halts operations at all of its Japan plants Nada Ali Aug 29, 2023 0 Toyota is halting operations at all its Japanese assembly factories starting from Tuesday, August 29, due to a…
Industry & Trade Honda recalls 1.3 mln vehicles worldwide Yassmine Elbehnaihy Jun 26, 2023 0 Honda Motor is recalling 1.3 million vehicles worldwide for a potential issue with the rearview camera image, the…
Tech/AI BMW agent in Egypt plans to invest 1 billion Egyptian pounds Nada Ali Nov 30, 2022 0 The BMW group announced investments of more than $100 million to develop its services and enhance its presence in…
Tech/AI BMW names Global Auto as new agent in Egypt Yomna Yasser Nov 30, 2022 0 German carmaker BMW has named Global Auto Group as its new importer and agent in Egypt.
Banks Egypt’s EALB approves new loans for fertilisers, automotive, food firms Ahmed Ali Jul 14, 2018 0 State-owned Egyptian Arab Land Bank (EALB) approved on Thursday 600 million Egyptian pounds ($33.6 million) in new…
Industry & Trade Egypt, China sign five deals for agriculture, IT, car, fiberglass sectors Yomna Yasser Sep 7, 2017 0 Egypt has signed five cooperation agreements with China on Thursday in areas of agricultural, automotive,…
Industry & Trade China automotive manufacturer FAW mulls new Egypt investments Mennatullah Hamzawy Jun 29, 2017 0 China’s state-owned automotive manufacturing company FAW Group Corporation, a , is studying injecting new…