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Industry & Trade
GE, Saudi Electricity Ink $700 Mln Pact
General Electric has signed a nearly $700 million contract with Saudi Electricity Company (SEC) to bring additional…
Egypt Says to Get French, Romanian, German, U.S. Wheat Offers
Egypt’s General Authority for Supply Commodities (GASC) received the following offers for its wheat-import tender…
Egypt Suspends Rice Exports Until Further Notice
Egypt suspended rice exports less than a week after issuing licences to sell the grain abroad, the head of the rice…
Abu Dhabi’s Jenaan Changes Egypt Strategy to Wheat for Local Market
Abu Dhabi-based agriculture investment firm Jenaan said it was changing its strategy in Egypt to growing wheat and…
Dubai Retailer MAF Says Egypt Supermarket Deal Talk Fails
Dubai retail firm Majid Al Futtaim (MAF) said on Monday that talks to buy Egypt's largest supermarket chain from…
Noble Energy Sees Egypt, Jordan As Israeli Gas Field’s Main Clients
Noble Energy, the U.S. company leading the development of the giant Leviathan offshore gas field, confirmed over…
Egypt-Turkey Businesses Will Not Cease: Business Council
Egypt-Turkey business ties may be sluggish but will not cease despite deteriorating political relations between the…
Egypt to Start Fuel Cuts in 2014, Says Prime Minister
Egypt's government will start cutting fuel subsidies before it leaves office next year, prime minister Hazem…
Suez Canal: 52 Ships Weighed 2.9 mln Tons Crossed Today
Egypt's vital waterway Suez Canal witnessed on Sunday the crossing of 52 ships at weight of 2.974 million tons. 25…
Egypt-Turkey Air Transport Accords Still Effective Despite Lowered Diplomatic Ties
Egyptian Minister of Civil Aviation Abdel Aziz Fadel asserted on Sunday that his country’s move to reduce…