Browsing Category
Industry & Trade
Egypt plans boosting exports to $40bn in 5 years
Exporters division at Federation of Egyptian Chambers of Commerce (FEDCOC) plans boosting Egyptian exports to US$40…
Italy’s Bertazzoni to build €55mn-coockers factory in Egypt
Italian kitchen products manufacturer Bertazzoni-Italia is to pump investments of €55 million to establish cookers…
Orascom Construction records Q1 net income $23 mln vs $5.8 mln year earlier
Orascom Construction posted a first quarter net profit of $23 million, up significantly from $5.8 million a year…
EBRD: Egypt may lose 20% of wheat supplies due to inadequate infrastructure
Egypt may lose 10% to 20% of its overall wheat supplies due to inadequate infrastructure along the supply chain,…
China to build textile zone in Egypt’s Minya
Egypt and China signed Tuesday a framework agreement on executive steps of establishing a zone for textile…
Trade ministry eyes 8% industrial growth in Egypt until 2020
Egyptian trade and industry ministry targets achieving industrial growth rate of 8 percent beside lowering state's…
Egypt to increase natural gas production by 30% by 2019
Riding high on a series of major discoveries and what appears to be renewed investor interest in Egypt’s energy…
Coca-Cola announces management changes in Asia, Africa
Coca-Cola Co. has shaken up its management Tuesday, replacing the heads of its Asia and Africa businesses, in the…
U.S. TPG in talks to acquire Abraaj’s Spinneys Chain in Egypt: sources
TPG Capital is in talks to buy the Spinneys supermarket chain in Egypt from Abraaj Group, in what would be the U.S.…
SUMED to build $350mn-pier in Egypt’s Ain Sukhna
Egypt's Arab Petroleum Pipelines Company (SUMED) is preparing to establish new pier in Ain Sukhna, Suez governorate…