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Industry & Trade
Chinese-Egyptian Joint Ministerial Committee to kick off in Beijing tomorrow
The Egyptian-Chinese Joint Ministerial Committee will kick off on Monday, July 11, in Chinese capital Beijing to…
Egypt’s El Sewedy unit signs $190 mln contract with government
Egyptian cable maker Elsewedy Electric announced Sunday its subsidiary Elsewedy Electric T&D had signed a…
Trade ministry to relocate leather tanneries to Egypt’s Al-Robakey zone mid-July
Egyptian trade and industry ministry is to start relocating leather tanneries from Magra El Oyon region to…
Lower oil prices negatively impact investment, energy efficiency
Following up on World Energy Outlook 2015, which examined the potential impact of a prolonged period of lower oil…
Qatar Petroleum, Exxon seek giant Africa gas deal
Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the…
WellCare, Centene make offers for Aetna assets
WellCare Health Plans Inc (WCG.N) and Centene Corp (CNC.N) have made competing offers for the Medicare Advantage…
Germania may order 25 Airbus A320-family jets
German airline Germania is close to placing an order with European planemaker Airbus (AIR.PA) for around 25…
TAQA Arabia considers implementing new 50MW-capacity solar power plant
TAQA Arabia, a subsidiary of Qalaa Holdings in the energy sector, is considering establishing a new 50MW-capacity…
Egypt tycoon Sawiris’ fund seizes 10% stake in C&C
Southeastern Concentrated Value, an investment fund backed by Egyptian tycoon Nassef Sawiris and partners at…
Egypt’s ten-month automotive imports reached $4bn
Egyptian automotive imports hiked by 35 percent during the first ten months of fiscal year 2015-16, recent reports…