Browsing Category
Industry & Trade
Porsche to BMW Help Bridge East-West German Divide
On a newly constructed bridge at Porsche AG’s growing factory in eastern Germany, a worker put up a handmade…
BP Wins Reprieve over Gulf Spill Payouts: U.S. Appeals Court
BP Plc won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf…
U.S. to Overtake Russia As World’s Top Oil and Gas Producer: WSJ
The U.S. is poised to overtake Russia as the world’s largest producer of oil and gasthis year, if it hasn’t…
General Motors Takes a Look under Tesla’s Hood
In Wall Street's retelling of the biblical Book of Samuel, General Motors Co (GM.N) is Goliath and electric car…
Citadel in Potential Partnerships Talks to Build Mashreq’s Project in Port Said
Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East with US$ 9.5 billion in…
Egypt’s Rakta Narrows Losses to EGP22.6 mln in FY12/13
Egypt-based paper suppliers Rakta Paper Manufacturing (RAKT.CA) has narrowed net losses to EGP 22.6 million for the…
Egypt Gets Wastewater Plant Expansion Loans from EU Lending Arm
A wastewater project that consists of building two treatment plants, expanding three and almost 700 kilometers (435…
Citadel’s ERC Receives Renewal of Government of Egypt Comfort Letter
Egyptian Refining Company (ERC), a core platform company of Citadel Capital (CCAP.CA), the leading investment…
Egypt in talks with World Bank over 10 Proposed Power Projects
Egypt has drawn up a list of ten projects for generating and transferring electricity in advance of scheduled talks…
Egypt Plans Smart Card System for Buying Fuel from 2014
Egypt is hoping to implement a smart card system at the start of 2014 for fuel purchases by vehicle drivers,…