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Industry & Trade
French firm to establish car assembly factory in Egypt
A French auto maker plans to establish car assembly factory in the Egyptian market within the upcoming period,…
World’s best loved biscuit and confectionery brands form new global business ‘Pladis’
Yildiz Holding, CEEMEA’s largest food company, has brought together its core biscuit, chocolate, and confectionery…
Valeant considering sale of Egyptian drugmaker Amoun: sources
Quebec-based Valeant Pharmaceuticals International Inc is considering the sale of Egyptian drugmaker Amoun…
Egypt returns to zero tolerance of ergot fungus in wheat
Egypt has rejected two shipments of wheat for containing trace levels of the ergot fungus, Reuters reported on…
India to inject more investments in Egypt; trade minister says
Egyptian Trade Minister Tarek Qabil and Indian Ambassador to Cairo Sanjay Bhattacharyya discussed Thursday pumping…
BP announces latest gas discovery in Egypt’s East Nile Delta
BP announced Thursday another important gas discovery in the Baltim South Development Lease in Egypt’s East Nile…
Honda recalls more vehicles in Japan over Takata air bags
Honda Motor Co said on Thursday it was recalling around 784,000 vehicles in Japan, part of an expanded recall for…
IKEA CEO says on track for 50 billion euro sales goal
Furniture retailer IKEA Group expects to grow sales about 8-10 percent in its current financial year, leaving it on…
Americana, Ghabbour, ABB Groups to train, employ 1,100 youths in Upper Egypt
Egyptian Industrial Training Council (ITC) signed Wednesday three cooperation agreements with Americana Group,…
Egypt could be a global gold hub, Alexander Nubia’s tells CNN
“We found gold”: Egypt may be the new hub of gold mining exploration, Alexander Nubia’s CEO Mark Campbell tells…