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Industry & Trade
Citadel’s RVR Reopens Key Trade Route Between Kenya, North Uganda
Citadel Capital’s Rift Valley Railways (RVR) re-launches Uganda’s Tororo-Gulu-Packwach rail line at a ceremony…
Egypt Reviews Cooperation Relations with 3 Countries
Cairo Governor, Dr. Galal Mostafa Saed has reviewed today in a meeting with Sung Hey Jo, the Chinese Ambassador in…
Sawiris Family Plans to Inject EGP4 bln Investments in Egypt Early 2014
Egypt Investment Billionaire Naguib Sawiris is expecting that the Egyptian market will witness an influx of foreign…
BG Group Profit Drops as Production, LNG Shipments Decline
BG Group Plc (BG/)’s profit dropped 4 percent in the third quarter as the U.K.’s third-largest gas producer cut…
Egypt’s Citadel Sees Share Issue Laying Grounds for Turnaround
Buoyed by prospects for $528 million flushing into its coffers from a planned share sale, Egyptian private equity…
Apache Inks Four Contracts To Develop Oil Discoveries In Egypt
Apache Corp., a major natural gas producer in Egypt, have signed four agreements with Egyptian General Petroleum…
IFC planning to Establish Joint Projects with Govt, Public Sectors in Egypt
Mounir Fakhry Abdel Nour, Minister of Industry and Foreign Trade has reviewed the possibility of establishing joint…
Templeton Emerging Markets Looks To Invest More In Egypt
Templeton Emerging Markets Group is looking to increase its equities investment in Egypt because it thinks the…
Suez Cement Says Net Profits Jump by 7% in 9 Months
Suez Cement (SUCE.CA), one of Egypt's largest cement makers by market value, has announced on Wednesday an increase…
Suez Canal Q3/13 Revenues Hit $1.3 bln
The revenues of the Suez Canal increased by 0.8 per cent to reach about $1.326 billion during the third quarter of…