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Industry & Trade
No Official Decision to delay Fuel Smart Cards- Egypt’s Finance
Egyptian Finance Ministry has not received any official decision to postpone a smart card system for subsidised…
Nissan, Overseas Suppliers negotiate to establish Factory in Egypt
Nissan Motor Corporation plans to negotiate with its suppliers abroad to establish a factory in Egypt, according to…
Henkel CEO downplays Wella Takeover Speculation: paper
The chief executive of Henkel & Co KGaA AG (HNKG_p.DE) poured cold water on speculation the consumer goods…
Egypt’s Strategic Wheat Reserve Sufficient until 2016- Minister
Egypt's strategic wheat reserve is sufficient until January 2016, Supply Minister Khaled Hanafy announced…
WPP Consortium wins New Suez Canal’s Opening Ceremony Campaign
A consortium comprising WPP, the British multinational world leader in advertising, is announced as winner to…
India’s Wipro eyes constructing $66mln-Cosmetics Factory in Egypt
Indian Wipro Ltd is currently studying establishing a cosmetics factory in Egypt, with investments worth 500…
French Development Agency signs €70mn Egypt Loan for Home Gas Delivery
Egypt and the French Development Agency (AFD) have signed a €70 million loan agreement for a project aimed to…
Sainsbury’s boss Mike Coupe acquitted in Egypt Legal Case
Mike Coupe, chief executive of British supermarket Sainsbury's, was acquitted on Thursday by an Egyptian court of…
Russian Helicopters seeks to expand in Egypt
Russian Helicopters, a part of State Corporation Rostec, announced plans to expand its operations in the Egyptian…
BP: U.S. overtakes Russia and Saudi Arabia as Biggest Oil Producer
Shale producers pushed the United States past Saudi Arabia and Russia to become 2014’s largest oil producer,…