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Industry & Trade
Engineering Council eyes Egyptian exports to hit $30bn in 7 years
Egyptian Engineering Export Council (EEC) targets increasing the sector's exports tenfold, to be from US$3 billion…
Airlines in Asia could get a lift from Alaska-Virgin merger
Alaska Air Group Inc's (ALK.N) plan to buy Virgin America Inc (VA.O) makes the company a more attractive partner to…
Siemens approaches Emerson over network power: Reuters
Siemens AG (SIEGn.DE) has approached Emerson Electric Co (EMR.N) to explore buying the network power business that…
Pfizer-Allergan deal faces new U.S. inversion rules
The U.S. Treasury Department took new steps on Monday to curb tax-avoiding corporate "inversions," with the pending…
Shell ups investments 13% despite falling oil prices: Egyptian official
Oil giant Shell has boosted its investments in Egypt by 13 percent approximately despite the continued declines in…
Saudi Arabia, Egypt to establish two new firms for trade, training
Saudi-Egyptian business council is set to sign agreement to establish two new firms on the sidelines of Saudi King…
Dues of Egyptian electricity ministry to petroleum sector exceed $5.6bn
The dues of Egyptian electricity ministry to petroleum sector is currently exceeding 50 billion Egyptian pounds…
Siemens wins contract to modernise Egypt’s railway network
German industrial conglomerate Siemens has won a contract by state-run Egyptian National Railways (ENR) to…
Moroccan business mission to visit Egypt on April 25
A Moroccan delegation encompassing large firms is set to visit Egypt on April 25, 2016 for a three-day visit to…
Agadir agreement states trade exchange with Egypt hit $500mn
The total volume of Egyptian trade exchange with sates of Agadir agreement is estimated at around US$500 million…