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Industry & Trade
AirAsia to launch sale of stake in leasing arm, could value unit at $1 billion- Reuters
AirAsia Bhd (AIRA.KL), Asia's biggest budget airline, will kick off the sale of a majority stake in its plane…
Siemens beats forecasts despite energy fall
German industrial giant Siemens reported Thursday better than expected results for the third quarter and raised its…
SunEdison plans to stop interest payments on yieldcos’ notes
Bankrupt solar company SunEdison (SUNEQ.PK) plans to stop making interest payments on behalf of its two yieldcos,…
Toyota cuts full-year operating profit forecast on stronger yen
Toyota Motor Corp (7203.T) cut its full-year forecast for operating profit, expecting it to fall 44 percent from a…
Univert Food Industries H1 profits fall 10.6%
Egypt’s Univert Food Industries (UNFO.CA) reported a decline of 10.6 percent in profits in the first half of the…
Foreign trade volume of Egypt records $7bn in five months- CAPMAS
The volume of Egypt's foreign trade with other states reached 61.8 billion Egyptian pounds (US$6.9 billion) in May…
Investments of 1,358 British firms in Egypt worth $5.4bn- ECS
Around 1,358 British firm invested US$5.4 billion in the Egyptian market, as foreign partners, since 1970 until…
Egyptian carpet maker Oriental Weavers H1 profits fall 1.7%
Egyptian carpet maker Oriental Weavers Company reported a 1.7 percent fall in first half net profits. Profits in…
UK-Egypt trade exchange hits £572mn in 4 months
The volume of trade exchange between Egypt and UK dropped by 1 percent in January-April 2016, Egyptian Commercial…
Trade minister launches ‘Proudly made in Egypt’ campaign
Egyptian minister of trade and industry Tarek Qabil lanuched Tuesday the ‘Proudly made in Egypt’ campaign that…