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Industry & Trade
Egypt Seen Iraqi Investments up to $1 bln in 2015 – Official
The volume of the Iraqi investments in Egypt will record US$ one billion next year, said Waleed Helal, Chairman of…
Drake & Scull inks EGP4.2 bln Pact for Tahrir Petrochemical Project
Drake & Scull International has recently signed an agreement with Egypt-based company Carbon Holdings as part…
Citadel Capital Receives $112mn Offer to Buy Stake in Sphinx Glass
Citadel Capital (CCAP.CA) announced on Tuesday it has received a US$112 million offer to acquire all Sphinx Glass…
Egypt’s Economic Investments May Up EGP340bln by 2015:Minister
Its expected that the growth rate of the Egyptian economy will inch from 3 to 5.3% , noting that the expected…
Pfizer Boss Enters Lion’s Den of UK Politics to Sell Astrazeneca Deal
The boss of U.S. drugmaker Pfizer faces UK lawmakers on Tuesday with a promise and a threat - to protect British…
South Valley Eyes to Boost Cement Production to 3mln Tons in 18 Months
South Valley Cement eyes to boost cement production volumes to reach 3 million tons within three and a half years,…
Egypt’s Local Wheat Purchases at more than 1.2 m Tonnes: Minister
Egypt, the world's biggest wheat importer, has bought more than 1.2 million tonnes of local wheat since the start…
Egypt Reaches Deal with Norway’s Hoegh on LNG Import Terminal
Egypt has signed a deal with Norway's Hoegh to supply a floating terminal needed to import liquefied natural gas,…
Lecico Egypt Says Q1 Net Profits Hit EGP35.2 mln
Egyptian ceramics maker Lecico Egypt reported on Monday a net profit worth 35.246 million Egyptian pounds (US$5.003…
BP ‘Aims to Invest $1.5bn in Egypt in 2014’
BP plans to invest $1.5 billion this year to increase its production of natural gas in Egypt, hit by an energy…