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Industry & Trade
Sainsbury’s chief executive Mike Coupe sentenced to two-year jail in Egypt
J Sainsbury's chief executive has been sentenced to two years in an Egyptian jail. Mike Coupe was convicted by a…
Egypt, Canada Trade Volume hits $1.1bln in 2014- Canadian Chamber
Trade volume between Egypt and Canada reached $1.1bn in 2014, Fayez Ezzeldin, Chairman of the Canadian Chamber of…
Volkswagen Q1 Profit jumps 17 % on European Recovery, Cost cuts
Volkswagen (VOWG_p.DE) increased operating profit in the first quarter on cost cuts and improving European auto…
Suez Canal Revenues at $420.1 million in March
Egypt's revenue from the vital waterway Suez Canal reached $420.1 million in March, a government website said on…
Beach Energy sees Egypt Interest Spurring Deal in Coming Months
Beach Energy Ltd. is making progress in efforts to sell its oil and gas holdings in Egypt and seeking to sign a…
U.S. Tyson Foods to cut Human Antibiotics in Chicken Flocks by 2017
Tyson Foods Inc (TSN.N), the largest U.S. poultry producer, plans to eliminate the use of human antibiotics in its…
Egypt exerts Effort to bring MSC Cruise back
Egypt’s Tourism Minister Khaled Ramy has contacted Monday the head of the Italian Federation of Travel &…
Fairmont Hotels, City Stars sign Agreements worth $2bn: Canadian Ambassador
The total amount of recent agreements signed between the Canadian and Egyptian sides amount to US$7bn, said the…
Philips profit down 28%, weighed by restructuring
Philips NV on Tuesday posted a 28% fall in first-quarter net profit, hurt by costs related to the separation of…
Daimler Profit lifted by Mercedes-Benz Sales
German car maker Daimler AG (DAI.XE) said Tuesday that profit almost doubled in the first quarter, lifted by sales…