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Industry & Trade
Renault board to meet on Nissan alliance
French carmaker Renault (RENA.PA) plans to hold a board meeting to discuss its alliance with Japanese partner…
Volkswagen admits rigging of 8M cars in EU
Volkswagen has admitted that 8 million vehicles were fitted with software capable of cheating diesel emissions…
U.S.: BP to pay $20 billion in fines for 2010 oil spill
BP Plc will pay more than $20 billion in fines to resolve nearly all claims from its deadly Gulf of Mexico oil…
Top firms in race for 200MW Egypt solar plant
A total of 44 companies are in the race to prequalify for a 200MW solar power plant project in Egypt which will be…
High-rise tower catches fire in Emirati city of Sharjah
A fire broke out Thursday in a high-rise residential tower in the Emirati city of Sharjah, sending thick smoke…
Misr Cement Qena eyes higher stakes in Qalaa’s two subsidiaries
Qalaa Holdings, one of Egypt's largest investment companies, announced Monday that it received a preliminary…
Lafarge’s investments in local market record $3bn
Lafarge Egypt's total investments in cement local market hit around 25 billion Egyptian pounds (US$3.2 billion) at…
U.S. seizes 54% of Egypt’s ready-made clothes exports
United States has seized 54 % of Egypt’s exports of ready-made clothes through the Qualifying Industrial Zones…
Ganope to sign $100 million oil agreements soon in Egypt
Egypt’s state-run oil holding company, Ganoub El-Wadi (Ganope) is to sign five agreements for oil explorations and…
Egypt lifts ban on rice exports, applies $255 tariffs
Egypt lifts a ban on rice exports and is to apply an export tariff of 2,000 Egyptian pounds (US$255.43 million) a…