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Industry & Trade
Egypt receives third LNG Shipment
Egypt received Saturday the third liquefied natural gas (LNG) shipment in Ain Sokhna port, oil minister Sherif…
Green Energy could save Egypt’s Economy
Egypt faces significant economic, social and environmental challenges, especially in the period of transformation…
Mercedes Closes Assembly Lines
Mercedes-Benz, the German luxury car producer, has announced that it will shut down its car-assembly lines in Egypt…
Micromax to invest nearly $400 million in Startups this Year
Micromax plans to invest nearly $400 million this year in at least 20 startups spread across various sectors such…
US Firms add 223,000 Jobs in April
Employers in the US created 223,000 new jobs in April, a much larger increase than the month before. At the same…
Canada’s Bombardier eyes 20-30% rail unit IPO in Frankfurt – Reuters
Bombardier Inc (BBDb.TO) is aiming to sell a 20- to 30-percent stake in its rail unit via an initial public…
BP wins Right to appeal some Gulf Spill Damages Claims
A U.S. federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims…
US stocks jump on strong jobs data
US stocks ended sharply higher on Friday after official figures showed the US labour market rebounded last month.…
GE wins $2bln-deal for Engines for Taiwan, Others
General Electric Co (GE.N) has won a five-year contract valued at up to $2 billion to supply helicopter engines to…
ONS: UK Trade Deficit narrows to £2.8bn in March
The UK trade deficit narrowed to £2.8bn in March from £3.3bn in February, figures from the Office for National…