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Industry & Trade
Saudi CPC to complete 2nd phase of its SMEs city in October
Saudi-based Construction Products Holding Co. (CPC) plans to complete the second phase of its SMEs industrial zone…
Egypt, UK sign billions-worth deals at investment summit
A number of new investment deals between Egypt and the UK were announced during the UK-Africa Investment Summit,…
Egypt’s competition watchdog in talks with Glovo to avoid abrupt exit
Egypt’s competition watchdog started talks with Spanish startup Glovo officials to determine why the company…
Egypt’s IDA to offer 17 million sqm up for investments
Egypt’s Industrial Development Authority (IDA) is planning to launch a number of land plots over 17 million square…
Dubai’s DP World takes 44% stake in Swissterminal Holding
UAE-based global terminal operator DP World had acquired 44% in Frenkendorf-headqaurtered Swissterminal Holding,…
BREAKING: Spain’s Glovo to exit four markets, including Egypt
Spanish startup Glovo announced on Tuesday it is exiting four markets; Egypt, Turkey, Uruguay and Puerto Rico, as…
Nile Sat earnings slip 20.5% in 2019, recorded $42.5 mln
Egyptian satellite company Nile Sat’s primary financial indicators showed that net earnings slipped to $42.5…
Egypt’s sovereign fund partners with UK Actis to help attract investment
Egypt’s sovereign wealth fund signed on Monday a partnership with UK-based private equity firm Actis to help allure…
Egypt signs $452.3 mln oil and gas deals
Egyptian Oil Minister Tarek el-Molla has signed nine offshore oil and gas exploration and production deals worth a…
Egypt’s Sisi in London to participate in UK-Africa summit
Egyptian President Abdel Fatah al Sisi arrived in the English capital city of London on late Sunday to participate…