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Industry & Trade
Brazil clears $70 bln BG-Shell Merger: BG
BG Group Plc on Friday confirmed that it has received final unconditional clearance from Brazilian competition…
Egypt signs update to Head of Agreement with Eni after New Gas Discovery
Egypt and Eni on Friday signed an update to the head of agreement reached in March, following the recent discovery…
Tunnels Authority starts Phase 3 of Cairo Metro Line 3 Soon
National Authority for Tunnels (NAT) to start implementing the third phase of Egypt’s Cairo Metro Third Line next…
Coca-Cola Profits hit US$3.1bln in H2
US drinks giant Coca-Cola has reported a rise in profit after raising prices in North America. Earnings rose 20% to…
Egypt purchases 175,000 tonnes of Russian Wheat with $36mln
Egypt’s state grain buyer, the General Authority for Supply Commodities (GASC), had bought 175,000 tons of Russian…
Egypt’s GASC Receives Wheat Offers In Tender: Trade
Egypt, one of the world's largest wheat importers, received offers from Russia, Romania, Ukraine and France in its…
Trade Ministry Considers Website For Businessmen Eyeing Africa
Minister of Industry and Trade Mounir Fakhri Abdel Nour has announced plans to launch a website serving the…
SFD Offers $191mln In Loans To Develop Medium Enterprises
The loans offered by the Social Fund for Development (SFD), affiliated to the Ministry of Industry and Foreign…
Trade Exchange Volume Between Egypt, Algeria Up 11.2%
Egypt's Trade Minister Plenipotentiary to Algeria Mohamed Sherif Fathy said that the volume of trade exchange…
Valeant To Buy Egyptian Drugmaker Amoun For About $800 M
Canadian drugmaker Valeant Pharmaceuticals International Inc said it would buy Egypt's largest drugmaker, Amoun…