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Industry & Trade
China to fund, operate Electric Train in Alexandria
The Egyptian National Railways signed a US$700-million agreement with China to finance and operate an electric…
GE unveils Customized Cloud Service in Industrial Data Push
General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the…
Pfizer wins EU approval for $15 billion Hospira buy
U.S. drugmaker Pfizer (PFE.N) gained European Union antitrust approval on Tuesday for its proposed $15 billion…
Hibiscus Petroleum unit wins concession in Egypt
Hibiscus Petroleum Bhd’s wholly-owned unit, Gulf Hibiscus Ltd, has been awarded the South East Ras El Ush…
UAE to provide education, transportation projects in Egypt
Egypt and the UAE signed a deal Tuesday for several development projects that will be provided to Egypt by the Gulf…
$5.5 billion total UAE investments in Egypt
UAE Investments in Egypt are worth US$5,8 billion, according to the latest report released by the Egyptian…
Toyota Q1 profit hikes by 10%
Japanese carmaker Toyota has reported a 10% increase in profits for the first quarter of its fiscal year, helped by…
Egypt targets $6.6mn Industrial Investments in FY2015-16
The Egyptian government targets attracting new investments worth EGP52 billion (US$6.6 billion) in…
Egypt eyes EGP12 billion in Transport Investments
Egypt is targeting 12 billion Egyptian pounds (US$1,5 billion) in investments for the transport sector within the…
DHL Express to open New Office in Cairo Airport with $64mn
Leading express shipping provider, DHL Express intends to inaugurate a new office in Cairo International Airport…