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Industry & Trade
Energy Minister Urges Arab Banks to Invest in Lebanon’s Oil Sector
Gebran Bassil, Minister of Energy and Water, Lebanon has called the Arab banks to invest in Lebanon’s oil sector.…
BMW Makes Lone Shift To Carbon Fiber To Gain Auto Edge
Bayerische Motoren Werke AG (BMW)’s bid to save its cars from potential extinction starts with hundreds of…
Tycoon Sawiris to Invest in Egypt, Fears Economic Collapse
Egyptian tycoon Naguib Sawiris, whose family controls the Orascom corporate empire, said he would invest $1 billion…
Apache Completes Sale of Egyptian Assets to Sinopec
Apache Corp. (NYSE, Nasdaq: APA) has completed its previously disclosed sale of a one-third minority…
Egypt Poised to Buy French Wheat as Prices Discounted to Russia
Egypt, the world’s biggest wheat buyer, may import French supplies in a tender today for the first time in 11…
Egypt to Seek Bids for First Nuclear Plant
Egypt will launch an international tender in January to build its first nuclear power station, an Electricity…
GB Auto Q3 Net Income Hits EGP7.5 mln
GB Auto (AUTO.CA), a leading automotive assembler and distributor in the Middle East and North Africa, announced…
Egypt PM Dismisses Fouad El-Khabati from Customs Authority Chairmanship
Egypt’s Prime Minister Dr. Hazem el-Beblawi issued a ministerial decree on Wednesday to dismiss Fouad El-Khabati…
TAQA Arabia, Petroleum Ministry Sign Pact to Supply Homes with Natural Gas
Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East with US$ 9.5 billion in…
Suez Canal: 46 Ships at Weight of 3.1 mln Tons Crossed Today
Egypt's vital waterway Suez Canal witnessed on Wednesday the crossing of 46 ships at weight of 3.112 million tons.…