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Industry & Trade
China’s Smartphone Market slows in Q1
Smartphone shipments to the world's biggest market, China, have contracted for the first time in six years,…
Egypt seeks less Israeli Components in QIZ Products
Egypt has called the United States to reduce the Israeli contribution to products produced under a joint free…
Egypt’s Regina plans new Factory for Pasta Production
Egypt-based Regina Company For Pasta and Food Industries plans to launch a new factory in Sadat City, market group…
Fiat Chrysler CEO meets with Tesla, Apple CEOs
Fiat Chrysler Chief Executive Sergio Marchionne said on Saturday that he had visited the heads of Tesla Motors Inc…
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…