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Industry & Trade
Saudi Aramco eyes local listing in 2019 through lining up banks
Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its…
EgyptAir clinches deal with Airbus to buy 27 new aircraft – official
State-owned carrier EgyptAir has signed a deal with European aircraft manufactures Airbus to buy 27 new planes as…
Lighting giant Signify targets 25% growth in Egypt business
Signify, the world’s largest maker of lights, is targeting a 25 percent growth in size of businesses and…
Saudi King Salman names son new energy minister, relieving Al Faleh of his postion
Saudi Arabia has named Prince Abdulaziz Bin Salman, a son of the king, as energy minister, replacing Khalid Al…
Pipeline operator EMG inks terminal deal for Israel-Egypt natural gas exports
The East Mediterranean Gas (EMG) pipeline operator signed a deal to use a terminal belonging to Israel’s Europe…
Egypt’s foreign trade slightly higher in H1 2019: CAPMAS
Egypt’s foreign trade inched slightly higher by 0.9 percent to register $54.245 in the first half of 2019 against…
Bathroom Giant, Ideal Standard moves its production to Egypt
Ideal Standard, privately held multinational bathroom, sanitary ware and plumbing fixture company headquartered in…
Egypt, Djibouti in talks over oil and natural gas fields
Egypt's Petroleum Minister Tarek el-Molla and Djibouti’s Energy and Natural Resources Minister Yonis Ali Guedi…
Egypt, Chinese Geely deal to produce electric cars
Egypt's National Organization for Military Production and China's carmaker Geely signed on Friday a memrondum of…
Egypt, Italy ink $4.3mn deal for solid waste recycling programme
Egypt and Italy on Thursday signed a deal worth 70.5 million Egyptian pounds ($4.3 million) to implement the third…