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Industry & Trade
Rosneft, Trafigura to acquire 98% of Essar Oil for $13 billion
Essar Group, controlled by India’s billionaire Ruia brothers, signed binding agreements to sell a combined 98…
Egypt foreign trade with EU hits €12.8bn in 6 months
The total volume of Egyptian foreign trade with European Union states reached €12.8 billion during the first half…
Sial Paris 2016 kicks off tomorrow with participation of 102 Egyptian firms
Around 102 Egyptian firms working in food industries and agricultural crops sectors are set to take part in Sial…
Unilever to build €84m-detergent factory in Egypt
Unilever Mashreq for Food Products SAE is set to open a new detergent factory with investments estimated at…
Cement plants needs of coal to hit 9.7mln T by 2025: Egypt’s minister
The total needs of Egyptian cement factories of coal are expected to reach around 9.7 million tonnes annually by…
Egypt’s bill of importing capital commodities jumps 3.6% in 6 months
The total volume of Egypt's imports of capital commodities witnessed a 3.6 percent increase during the first six…
Delta Air Lines Q3 profit tops estimates
Delta Air Lines Inc (DAL.N) on Thursday reported a third-quarter profit that topped expectations and said moves to…
French oil firm Total to invest $200mn in Egypt within five years
Egyptian Prime Minister Sherif Ismail met Thursday with officials at the French multinational…
21 Egyptian agricultural firms join Sial Paris 2016 on Oct.16
Around 21 Egyptian firms working in agriculture sector are set to take part in Sial Paris 2016 from 16-20 October…
Putin not ready for ‘real privatisation’ in Russia despite Rosneft-Bashneft deal
Russia’s president Vladimir Putin is not yet ready for a full-scale privatisation drive despite the sale of the…