Browsing Category
Industry & Trade
Daimler Profit lifted by Mercedes-Benz Sales
German car maker Daimler AG (DAI.XE) said Tuesday that profit almost doubled in the first quarter, lifted by sales…
Egypt Trade Union Federation calls for stability
The Egyptian Trade Union Federation (ETUF) has issued a "code of conduct" calling for "no strikes, more production…
Mercedes-Benz justifies Leaving Egypt
Mercedes-Benz Egypt said that the Egyptian German Automotive Company (EGA) decided to change their business…
Qalaa Holdings hires CI Capital to study divesting from Microfinance Leader
Qalaa Holdings, one of Egypt's largest investment companies, announced Monday it mandated investment bank CI…
International tribunal demands Ghana to Stop New Oil Drilling
Ghana has been told by an international tribunal not to begin any new offshore drilling for oil in disputed waters…
Volkswagen Chairman Ferdinand Piech Quits in Power Struggle
The chairman of the carmaker Volkswagen (VW), Ferdinand Piech, has resigned after a power struggle with chief…
Surplus Cement Supply Stabilises Prices For 5th Month
Cement producers have decided to keep the prices of cement stable for the fifth consecutive month, Minister of…
Egypt to generate 35.000MW to face Summer Power Outage
Egypt's Ministry of Electricity and Renewable Energy is currently planning to generate 35.000 megawatts in summer…
Egypt’s Ready-made Clothes Exports fell to EGP2.5 billion in Q1
Egypt's exports of ready-made clothes reached 2.4 billion Egyptian pounds ($314.6 million) in the first…
Egypt’s Cigarette Maker says 9-month Net Profit up 19%
Egypt's top cigarette maker Eastern Co said Sunday its nine-month net profit rose by 19.4 percent compared with the…