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Industry & Trade
Egyptian Dairy Maker Domty annual profits skyrocket 355%
The net profits of Egyptian dairy maker Arab Food Industries Company (Domty) rose by 355.4 percent during the…
GE to sell $1.4 billion U.S. hotel franchise loan portfolio
General Electric Co (GE.N) said it had agreed to sell GE Capital's U.S. hotel franchise loan portfolio to a unit of…
Egyptian paints producer MIDO eyes sales of $113mn by end-2016
Egypt's International Group for Modern Coating -MIDO targets achieving sales volume estimated at one billion…
German mission to discuss Egypt’s dairy maker Juhanya plan to boost exports
Egyptian dairy and juice maker Juhayna is to discuss its horizontal expansion strategy with a delegation from…
China’s Anbang raises offer for Starwood to $14 billion
China's Anbang Insurance Group Co raised its offer for Starwood Hotels & Resorts Worldwide Inc (HOT.N) to…
Qalaa: Egypt’s $3.7bn largest refinery project is in ‘final stage’
The Egyptian Refining Company (ERC), a subsidiary of one of Egypt's largest investment companies Qalaa Holdings, is…
Egypt plans attracting $14bn-investments, signing 20 new oil agreements- PM
Egyptian government is expected to sign 15-20 new oil agreements during the upcoming two and half years with…
Temmy’s maker Mass Food plans new $11mn- factory in Egypt by 2017
Egyptian Mass Food Company targets establishing new factory for food industries in the industrial zone at 6th of…
El Neel Oil Marketing boosts fuel stations in Egypt to 60
State-run El-Neel Oil Marketing Company-Petroneel boosted the number of its car service and fueling stations to 60…
Egypt finishes tender for two LNG cargoes for April delivery- EGAS
Egypt has purchased two liquefied natural gas (LNG) cargoes for April delivery from two international companies,…