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Industry & Trade
Nissan to cut 9% of workforce as Q1 profit nearly wiped out
Japanese car maker Nissan Motor Co said it is cutting 12,500 jobs and warned a quick turnaround in its performance…
PepsiCo, USAID partner to potato farmers in Egypt
The United States Agency of International Development (USAID) signed a memorandum of understanding (MoU) with…
Egypt signs $14 mln OFID deal to build two wheat silos in Port Said
Egypt has signed a $14 million agreement with the OPEC Fund for International Development (OFID) to build two wheat…
Eni unveils new production from Western Desert, near field findings onshore Egypt
Eni announced on Tuesday that production from South West Meleiha Development Lease, located in the Egyptian Western…
Egypt’s SODIC HQ to be 95% solar-powered by 2020
Egypt’s property developer SODIC said on Wednesday its headquarters, located in Polygon Business Park in Sheikh…
Nearly 320,000 cars to be gas-run in Egypt at FY2020-end: source
Egyptian Natural Gas Holding Company (EGAS) is planning to transfer nearly 320,000 cars to operate in natural gas…
Israel exporting gas to Egypt within four months – minister
Israel will begin exporting natural gas to Egypt within four months, Reuters reported citing Energy Minister Yuval…
EgyptAir to receive Boeing 787-9 Dreamliner run on biofuel
State-owned airline EgyptAir will receive on Wednesday a B787-9 Dreamliner biofuel-run aircraft from the United…
Austrian economy to rise 1.6% on average over 2019-2023: IHS
Austria’s economy should grow 1.6% a year on average over the 2019-2023 period, helped by robust private…
Egypt’s PM approves to establish industrial zone in Qaliobiya
Egypt's Prime Minister Moustafa Madbouly approved to establish a new industrial zone in Benha in Qaliobiya…