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Industry & Trade
Dairy maker Juhayna eyes $562mn-sales in Egypt by end-2016
Egyptian dairy producer Juhayna For Food Industries plans to raise sales volume by 20 percent to hit five billion…
India’s TCI Sanmar group invests $280mn to boost PVC production in Egypt
Indian TCI Sanmar Chemicals Group intends to pump new investments of US$280 million into the Egyptian market to…
Brexit shock not good for anybody; says Unilever CEO
The head of consumer goods giant Unilever has told CNBC on Thursday that the U.K.'s decision to leave the European…
An article curbs wind plant establishment agreement with Toyota’s alliance
An alliance of Toyota, Orascom, and GD France demanded to solve the predicament concerning the establishment of…
Hyundai to open first standalone store for Genesis luxury brand
Hyundai Motor (005380.KS) said on Thursday it plans to open its first dedicated store for its Genesis luxury car…
U.S. Blumberg says its high-tech silos not used to store Egyptian wheat
US-based global food security company Blumberg Grain said Wednesday its high-tech silos, the first phase of a wheat…
Kenyan-Egyptian alliance to maximise Kenyan imports to Egypt: minister
Egypt and Kenya targets establishing strategic partnership to maximise Kenyan imports of meat and tea to Egyptian…
Drinks can maker Ball completes Rexam acquisition, sale of divestment business
U.S. drink can maker Ball Corporation has announced Wednesday the completion of its acquisition of its British…
Egypt’s Ezz Steel Q1 net loss grows to $15.4 mln
Egypt's largest steel producer Ezz Steel reported a first-quarter net loss, after tax and minority interests,…
Volkswagen reports H1 operating profit of $8.3 billion
Volkswagen (VOWG_p.DE) reported on Wednesday its operating profit came to 7.5 billion euros ($8.3 billion) in the…