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Investment
Overall tonnage in Suez Canal falls in May due to coronavirus pandemic
Egypt’s Suez Canal has recorded an overall tonnage of 94.8 million tonnes in May, down from 104.9 million tonnes in…
Twitter changes colour in solidarity with Black Lives Matter
Twitter Inc. changed its profile pictures to express solidarity with the Black Lives Matter movement as protests…
Egypt to start implementing two tyre plants with $900 investments
Chemical Industries Holding Company (CIHC), an affiliate to the public enterprise ministry,starts the executive…
China’s May factory activity unexpectedly expanded
China’s factory activity grew at a slower pace in May but momentum in the services and construction sectors…
Egypt’s dairy maker Domty profits surge to EGP 32.1 mln in Q1
Egyptian Arabian Food Industries Company’s (Domty) profits rose to 32.1 million Egyptian pounds ($2 million) during…
Samsung to invest $23 mln in Egypt in 2020, $84 mln over 5 years
Samsung Electronics Egypt is pumping more investments worth $23 million in the Egyptian market in 2020 through…
Samsung to add memory chip line in South Korea as coronavirus boosts demand
Samsung Electronics Co. Ltd said on Monday it has started construction of a new domestic production line for NAND…
Amazon’s CEO invests in UK digital freight forwarder Beacon
Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his…
Trump held call with Facebook’s CEO Mark Zuckerberg over protest posts
U.S. President Donald Trump held a call with Facebook CEO Mark Zuckerberg on Friday, amid growing controversy…
Egypt names the world’s third biggest exporter of dried onions in 2019 – UN data
Egypt has become the world’s third biggest exporter of dried onions, according to data released by the UN's…