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Industry & Trade
Dana Gas on Track to Production in Egypt and Sharjah – CEO
Dana Gas is on track to produce 40 million cubic feet of gas from the Zora field in Sharjah and ramp up production…
Egypt signs EGP211 million Deal to build Transformer Station
Egyptian Electricity Transmission Company (EETC) signed on Thursday a deal to establish a transformer station worth…
Glaxo Smith Kline: Novartis Deal to boost Market Share in Egypt
Glaxo Smith Kline (BIOC) said on Thursday that it expects the deal of buying the consumer health sector in…
Egypt is not using Imported Sugar for Subsidy Programme: Minister
Egypt is not using any imported sugar for its subsidy programme, Supply Minister Khaled Hanafi said in a statement…
Payout from BP Oil Spill Settlement tops US$5 Billion
The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the…
GM is shielded from some Ignition-switch Suits, Ruling finds
General Motors Co will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that…
Kuwait’s Alghanim signs MoUs for $1.6 billion in Egypt Energy Projects
Egypt has signed preliminary deals with Kuwait's Alghanim International for two energy-related projects worth a…
Sisi asks Siemens to establish 3 Power Plants in Egypt ‘Sooner’
Egyptian President Abdel Fattah al-Sisi has discussed Siemens's offer to establish three power plants with total…
Naguib Sawiris sells his 44% stake in Gold Company to Sudan
Egyptian business tycoon Naguib Sawiris sells his 44% stake in Ariab gold mining company to the Sudanese government…
UN Aids Local Solar Manufacturing in Egypt
In a welcome bid to promote solar energy use in Egypt’s industrial sector, the UN Industrial Development…