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Industry & Trade
BW Gas to provide Egypt with floating LNG terminal
Norway-based BW Gas is to provide Egypt with a liquefied natural gas (LNG) floating import terminal under a…
BMW CEO hints there is Space for more Electric Models
The chief executive of BMW hinted in a German paper that there was potential for another of its "i" electric car…
Egypt sees $150bln Investments in Suez Canal Axes’ Projects
The total volume of expected investments in infrastructure projects -set to be implemented in Suez Canal axes-…
Egypt imports 300,000 T of Steel in 7 months
Egypt has imported 300,000 tonnes of steel with the cost of EGP 1.44 billion (US$178 million) at the end of July…
Misr Chemical Industries attains $37mln Net Profits in a year
Misr Chemical Industries (MICH) posted net profits of EGP 37.344 million opposed to EGP34.567 million a year…
Egypt’s Maridive & Oil wins $23mln Contract in UAE
Maridive & Oil Services Company (MOIL) has won new contract worth US$23 million in United Arab Emirates to rent…
General Electric supplies Steam Turbines for Two Power Plants in Egypt
General Electric Co to supply Egypt with three D200 steam turbines to enhance the capacities of two power plants in…
Russia to choose Industrial Zone’s Location in Egypt next September
The Russian government is to choose the location to establish a Russian industrial zone in Egypt next September,…
GM to invest $1 bln in India, double Market Share by 2020
General Motors Co (GM.N) will invest $1 billion in the next few years to turn operations in India into a new global…
Egypt to start new local wheat procurement system in April 2016
Egypt’s supplies minister Khaled Hanafi said Monday his country would change the system it uses for domestic wheat…