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Industry & Trade
UK Ambassador welcomes Lekela Power to Egypt Renewable Energy Market
British Ambassador John Casson hosted Thursday a reception at the British Embassy for Lekela Power, a pan-African…
Investors stick to Bets even as Dollar and Bonds slip
The dollar's four-week decline and a slump in bond prices has upset some assumptions about where global financial…
Ezz Elarab, Citroën introduce C-Elysée in Egypt Market
Ezz Elarab Automotive Group, the sole agent for Citroën in Egypt, has introduced the newest C-Elysée. Building on…
Rio Tinto to sell Aluminum Assets in $1 billion Deal: paper
Global miner Rio Tinto (RIO.L) (RIO.AX) plans to sell some of its aluminum assets in a potential $1 billion deal,…
Iran Deputy Oil Min says OPEC unlikely to cut Output
The Organisation of the Petroleum Exporting Countries (OPEC) is unlikely to implement a production cut at its next…
Germany’s Knauf opens €45 million Plant in Egypt next Tuesday
Germany-based Knauf will inaugurate its newest plant in Egypt next Tuesday, May 19th, the German-Arab Chamber of…
Cape Town-Cairo Road to be Ready in Few Months: Minister
A road linking between Egypt’s Alexandria and South Africa’s Cape Town- known as Cape to Cairo road- will be…
ASEC to carry out Gypsum Factory in Suez – SEBA
ASEC Cement Company intends to build a new gypsum factory in the north west of Suez Gulf, Egypt, the…
Oriental Weavers records slight Fall in Q1 Profit
Egypt’s largest carpet-maker, Oriental Weavers announced Sunday its first-quarter net profit recorded 152.68…
Nomura, RBS ordered to pay US$806 mn to Housing Agency
Nomura Holdings Inc. and Royal Bank of Scotland Group Plc were ordered to pay US$ 806 million in damages to…