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Industry & Trade
Egypt’s Petroleum Corporation converts 4 Gas Stations to run with Solar Power
The state-run Egyptian General Petroleum Corporation (EGPC) has completed the conversion process of four gas…
In 4 months, Egypt imports 100.000 tonnes of Steel worth $63 million
Egypt has imported 100.000 tonnes of steel since the beginning of 2015 with total cost of 480 million Egyptian…
Mercedes-Benz won’t withdraw from Egypt Market, Assembly Services halted
Following a state of confusion that resulted from rumours that Mercedes-Benz plans to withdraw from the Egyptian…
China April HSBC PMI shows Biggest Drop in Factory Activity in a year
China's factories suffered their fastest drop in activity in a year in April as new orders shrank, a private…
Exclusive: GM set to storm India as Korea costs climb
General Motors (GM.N) aims to grab at least 5 percent market share in India within the next decade, as it sees that…
Sainsbury’s Legal Disputes in Egypt to drag on as Hearing adjourned
A legal dispute in Egypt involving British supermarket chain Sainsbury and its chief executive Mike Coupe seems to…
Sainsbury’s Profit sees 17% Slump as Chief faces Embezzlement Battle in Egypt
Sainsbury's is set to announced a 17 per cent slump in its full-year profits this Wednesday, while it braces for an…
China regulator Investigates Siemens healthcare for bribery
Chinese regulator investigated Siemens AG last year over if the German group's healthcare unit, and dealers, bribed…
Energy Firm plans First Floating Power Plant in Egypt
Arab Energy is finalising all necessary approvals to supply the first floating 200MW power plant in Egypt, with…
Trade Volume in Sudan-Egypt Border Port records $23 million
The export and import activities in Qastal-Ashket crossing between Egypt and Sudan reached US$23 million since the…