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Industry & Trade
Foras Studies $100 Million Venture Capital Company In Egypt
Foras International Investment, the financial arm of the of the Islamic Chamber of Commerce, is studying a $100…
Funding Expansions may Push Marriott to Sell Edition Hotels
Marriott International Inc. (MAR), the largest publicly traded U.S. hotel chain, may sell its three Edition…
Sales disappointments Force “Best Buy” to Close Stores and Cut Jobs
Best Buy Co reported weaker-than-expected sales for the key holiday quarter, prompting the world's largest…
Egypt’s GASC Buys 120,000 Tons US, Argentine Wheat
Egypt's state-owned wheat buyer, the General Authority for Supply Commodities, or GASC, said Wednesday it bought a…
PNA, Egypt agree to run Gaza power plant on Egyptian gas
The Palestinian National Authority (PNA) and Egypt struck a deal to operate the power plant in the Gaza Strip on…
“Sidi Kerir Petrochemicals” Back to Life
Sidi Kerir Petrochemicals resumes operating its factories by the 25th of April, after halting production for more…
Apache’s Production In Egypt Up 3%
Apache Corporation said Monday it has increased production in Egypt's Western Desert thanks to the development of…
Egyptian Exports To Japan Doubled In 2011
The value of Egyptian exports to Japanese market has increased by 100%, in the period between January and October…
Abu El Enien to Amwal Al Ghad: Sokhna’s Factory Is Not For Sale
Mohamed Abu El Enien – Chairman of Ceramica Cleopatra Group- denied proposing his factory in Ein El Sokhna for sale…
Egypt Air refuses the Investors’ Offer, Cairo-Taba
Egypt Air Company refused the offer (Cairo-Taba) presented by Nuweiba Investors Assembly; as this for operating the…
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