Browsing Category
Industry & Trade
Spanish-Egyptian paints maker Espectro Colors eyes $14mn-sales in 5 years
Egyptian Espectro Colors Paints targets raising sales volume to around 125 million Egyptian pounds (US$14 million)…
Egypt’s Ezz Steel posts 2015 net loss of $47 mln
Egypt's Ezz Steel posted a full year net loss of 418.03 million Egyptian pounds ($47 million) in 2015, compared…
China’s Zhengbang plans injecting $73mn in four industrial projects in Egypt
China's Zhengbang Group plans injecting investments estimated at 650 million Egyptian pounds (US$ 73.2 million) to…
Egypt’s Edita posts profits of $39.3mn in 2015
Egyptian food maker, Edita has posted net profit of 349.1 million Egyptian pounds (US$39.3million) with an increase…
Egyptian Dairy Maker Domty annual profits skyrocket 355%
The net profits of Egyptian dairy maker Arab Food Industries Company (Domty) rose by 355.4 percent during the…
GE to sell $1.4 billion U.S. hotel franchise loan portfolio
General Electric Co (GE.N) said it had agreed to sell GE Capital's U.S. hotel franchise loan portfolio to a unit of…
Egyptian paints producer MIDO eyes sales of $113mn by end-2016
Egypt's International Group for Modern Coating -MIDO targets achieving sales volume estimated at one billion…
German mission to discuss Egypt’s dairy maker Juhanya plan to boost exports
Egyptian dairy and juice maker Juhayna is to discuss its horizontal expansion strategy with a delegation from…
China’s Anbang raises offer for Starwood to $14 billion
China's Anbang Insurance Group Co raised its offer for Starwood Hotels & Resorts Worldwide Inc (HOT.N) to…
Qalaa: Egypt’s $3.7bn largest refinery project is in ‘final stage’
The Egyptian Refining Company (ERC), a subsidiary of one of Egypt's largest investment companies Qalaa Holdings, is…