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Industry & Trade
Expatriates working in Egypt Public Sector fell 41.4% in 2014 – CAPMAS
The number of expatriates working in Egypt’s public sector fell by 41.4% to 560 during 2014 driven by June 30…
BP raises stake in Egypt gas field after DEA farm down
BP has boosted its share in the $12 billion West Nile Delta gas field in Egypt to above 80 percent after buying a…
Germany’s Knauf inaugurates €45 million Gypsum Board Plant in Suez
Knauf, a global, family-owned company based in Germany, has opened Tuesday a new gypsum board factory in Egypt’s…
General Electric discuss pumping new Investments in Egypt Power Sector
Egyptian Prime Minister Ibrahim Mahlab has met with General Electric Co's Vice-chairman to discuss pumping new…
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…