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Industry & Trade
Russian-Egyptian Mutual Fund to have Capital worth US$2 billion – Minister
Egypt and Russia have agreed to launch a joint investment fund with capital estimated at US$ 2 billion, Egyptian…
Russian Helicopters plans launch of Free Aviation Zone in Egypt
The state-run Russian Helicopters Holding Company is planning to establish a free aviation zone in Egypt in the…
EGAS: 6.5 million Egyptian Households received Natural Gas at end-April
The state-run Egyptian Natural Gas Holding Company (EGAS) has delivered natural gas to 6.5 million homes in Egypt…
Ryanair reports Big Rise in Profits
Irish airline Ryanair has reported a big increase in full-year net profits estimated 66% to €867m (£614m; $948m),…
Nigeria’s Fuel Crisis: ‘Deal reached with Government’
Nigeria's fuel wholesalers say they have reached a deal with the government that should soon see the end of the…
Daimler teams up with China’s Baidu in Connected Cars Drive
German carmaker Daimler is to make software from web services company Baidu available in its Chinese Mercedes-Benz…
Charter Communications nears $55 billion Deal for Time Warner Cable
Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about…
27 Indian Car Manufacturers, Merchants To Visit Egypt In June
A delegation of 27 Indian car manufacturers and merchants will visit Egypt this June to study establishing…
Foreign Partners’ Dues Now Amount To $3.5bln: EGPC Official
Foreign partners’ dues amount to $3.5 billion, compared to $6.5bln last June, according to Mohamed Taher, Vice…
Cement Factories Face Difficulty In Using Coal Within Energy Mix
Cement factory owners said the specifications set by the Ministry of Environment on trade, transport, coal storage,…