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Industry & Trade
Egypt to establish Joint-stock Firm to add Power Production Units
The economic minister agreed Monday to establish a new joint-stock Egyptian company responsible for adding power…
Egyptian-Indian Trade Exchange to hit $8 bln by 2016: Minister
Ministry of Trade and Industry aims to boost the volume of trade exchange with India to hit US$ 8 billion by 2016,…
Ministry Of Industry Postpones Car Manufacturing Strategy
Bavarian Auto Group CEO Farid El-Tobgy said the Ministry of Industry is postponing the issuing of an industrial…
Nissan Egypt to pump US$70 million in Investments in 2016
Japan’s automaker major, Nissan Motor is to finalise pumping US$70 million into Egyptian market in 2016, CEO in…
Egypt agrees LNG Supply Deal with BP
Egypt has agreed a liquefied natural gas (LNG) supply deal with British oil major BP through 2015 and…
Ministerial Committee to follow up Upper Egypt’s Investment Conference
The Cabinet aims to form a ministerial committee to follow up the latest preparations for an investment conference…
CVC, Temasek buys $2bln Generic Drugs Frim Alvogen- Reuters
European private equity fund CVC and Singaporean sovereign wealth fund Temasek are to buy a controlling stake in…
Russian Conglomerate offers Egypt wheat to be paid for in Rubles
Egypt has received a proposal to obtain wheat shipments from Russia, to be paid for in Russian currency, ruble,…
Russia to set up $5bn Joint Fund with Egypt
Egypt plans to complete establishment of US$5 billion joint fund with the Russian Direct Investment Fund and…
Marriott to manage the Mena House Hotel
The agreement between Marriott International Incorporation and Mena House Hotel has been finalized and will start…