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Industry & Trade
Uruguay to ratify Mercosur trade pact before year-end: Egypt Minister
Uruguay intends to ratify the preferential Free Trade Agreement (FTA) with the South American Common Market…
Cyprus and Egypt poised to maintain energy ties
Cypriot President Nicos Anastasiades met Egyptian counterpart Abdel Fattah al-Sisi in New York Monday. The two…
Egypt seeks oil outside its borders for first time
Egypt bought a stake in a block in Iraq from Kuwait Energy making it the first time in Egypt's history to explore…
Turkey seizes lion’s share of Egypt chemicals, fertilizers exports
Turkey has captured 16% of Egypt's exports of chemicals and fertilizers within the first eight months of 2015.…
Qatar plans to invest $35 billion in US over 5 years
Qatar plans to invest $35 billion over the next five years in the United States, as the energy-rich Gulf state…
Oriental Weavers rejects reconciliation with Egypt antitrust watchdog
Egypt’s leading carpet maker Oriental Weavers Company announced Monday its unwillingness to reconcile with the…
Arab states seize 47.4% of Egypt’s food industries exports
The Arab states have seized 47.4 percent of Egypt's exports of food industries worth 6.5 billion Egyptian pounds…
US Kellogg acquires Egypt’s Mass Food for $50mn
US food giant Kellogg Company (NYSE: K) announced Monday it has acquired Egypt's leading cereal company, Mass Food…
VW ignored warnings on ‘illegal’ cheat software
Volkswagen ignored warnings from staff and a supplier years ago that the emission test rigging software that…
Switzerland may ban Volkswagen diesel car sales
Switzerland is considering banning the sale of diesel cars made by Volkswagen AG in the wake of the emissions…