Browsing Category
Industry & Trade
Egypt’s GB Auto Profits Nearly Wiped Out By Political, Economic Crisis
Egypt's biggest listed vehicle assembler and distributor GB Auto said on Tuesday its second quarter net income was…
UAE Receives Egyptian Agricultural Exports Worth EGP405 mln in H1
During the first half of 2013, the United Arab Emirates has received Egyptian agricultural exports totaled EGP 405…
GB Auto to Buy GB Global, Says H1 Net Profit 6.76% Up
Leading car assembler GB Auto (AUTO.CA)’s board of directors have approved on Tuesday to buy GB Global Limited –…
Egypt Signs New Economic Accord with South Korea – Deputy PM
Egypt and South Korea will be signing tomorrow a cooperation agreement in the presence of the Korean ambassador in…
OCI’s Sorfert Algérie Commences Commercial Production
OCI N.V. (OCIC) announced that Sorfert Algérie, a 2.1 million metric ton capacity Greenfield nitrogen fertilizer…
World’s Largest Container Ship Crosses Egypt’s Suez Canal
Egypt's vital waterway Suez Canal witnessed on Friday the crossing of Maersk McKinney Moller, the world's largest…
Some Egypt Businesses Thrive in Crush of Economic Downturn
Egypt's smaller companies have struggled since the uprising that pushed aside Hosni Mubarak in 2011. But in a few…
IEA Warns of Declining Libya, Iraq Oil Supplies
The International Energy Agency Friday warned of declining supply from OPEC members Libya and Iraq even as it…
BMW Sales Growth Outpaces Mercedes-Audi in China Luxury Car Race
Bayerische Motoren Werke AG (BMW), the world’s largest premium automaker, saw its sales growth outpace those of…
OCI’s EFC Unveils Preliminary Amendment to Existing Gas Supply Accord with…
OCI N.V.’s subsidiary Egyptian Fertilizer Company (EFC) announced today that it has reached a preliminary agreement…