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Industry & Trade
Egypt starts carrying out 6 agreements worth $30bn – Minister
Egypt has started bringing into effect six agreements worth US$30.215 billion in sectors of petroleum, electricity,…
Egypt’s Qalaa Holdings records narrower 2nd-quarter net loss
Qalaa Holdings, one of Egypt's largest investment firms, reported a second-quarter net loss after tax and minority…
GM to pay $900 million, settle U.S. criminal case over ignition switches
General Motors Co (GM.N) has agreed to pay $900 million and sign a deferred-prosecution agreement to end a U.S.…
Eni chief says Egypt’s gas gain won’t harm Israel
Israel’s fears that Eni’s massive Mediterranean gas find off Egypt’s coast will derail its own limping gas…
Evergrow to put cornerstone of potassium complex in two month
Evergrow for Specialty Fertilizers is to put the foundation stone of the potassium complex within two months, said…
Actis sells Globeleq Africa to Norfund and CDC
Actis has sold Globeleq Africa, an Africa-based power generation platform to a company owned by Norfund and CDC…
Suzuki says to buy back Volkswagen stake for up to $3.9 billion
Suzuki Motor Corp is buying back the 19.9 percent stake held by top shareholder Volkswagen AG for up to $3.9…
Italy’s D’Appolonia delivers Golden Triangle project’s initial studies next…
Italian D’Appolonia Company targets finishing the strategic plan for Golden Triangle project and delivering…
FEI in talks with German investors to establish industrial zone in Egypt
The Federation of Egyptian Industries is currently negotiating with German Federal Minister of Economic…
Ministry of Electricity advises renewable energy companies to sign purchasing agreements
The Ministry of Electricity advised new and renewable energy companies that the signing of agreements will happen…