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Industry & Trade
Cadillac ATS-V targets BMW’s best
Seeking to shed its image as a purveyor of placid, flaccid transportation for affluent septuagenarians, Cadillac…
EU signs Visa Waiver Agreement with the United Arab Emirates
On 6 May the EU and the United Arab Emirates (UAE) signed a short-stay visa waiver agreement at a ceremony that…
Saudi Investments in Egypt record $10 billion in 2014- Official
The volume of Saudi investments in Egypt reached US$10 billion in 2014, Saudi Arabia's ambassador to Cairo Ahmed…
Wheat Reserves Sufficient until mid-July 2015 – Egypt Minister
Egypt's strategic reserves of wheat are sufficient until mid of next July, the country’s supply minister Khaled…
Sainsbury’s posts first Loss in Ten Years
British retailer Sainsbury's posted its first annual loss in a decade, hurt by property writedowns, deflation and…
UAE Dana Gas produces 37,700 barrels of Egyptian Oil daily in Q1
Egypt’s share of UAE Dana Gas’s total production during the first quarter (Q1) of 2015 was around 37,700 barrels of…
Sainsbury’s Egypt woes should be removed soon; says CFO
The dramatic legal woes of J Sainsbury's chief executive, Mike Coupe, in Egypt are an issue "we think we will…
BMW’s Quarterly Earnings beat Forecasts
Strong sales of sport utility vehicles (SUVs) in Europe and the US helped German carmaker BMW to beat forecasts…
Alfa, Harbour Energy to buy Pacific Rubiales for $5 billion: source
Mexican conglomerate Alfa Sab de CV (ALFAA.MX) and Harbour Energy Ltd have agreed to acquire Canadian oil and gas…
Egypt’s FIHC tenders to buy Soybean Oil and Sunflower Oil
Egypt's state-backed Food Industries Holding Company (FIHC) has issued an international tender to purchase up to…