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Industry & Trade
Ezz Dekheila Steel swings to losses in three months
AL Ezz Dekhela Steel – Alexandria (IRAX.CA) suffered notable losses in the first quarter of the…
Deutsche Bahn boss worried Brexit will cause delays, hurt business
The chief executive of state-owned German rail operator Deutsche Bahn said a British exit from the European Union…
Russian-Egyptian-UAE Fund initial capital to reach $500 mln: minister
Egyptian government has agreed with the Russian side on the value of planned investments in the joint…
Siemens names Emad Ghaly as chief executive in Egypt
Siemens Egypt has named Emad Ghaly as the new chief executive starting from July 1st, the company announced in a…
Industry ministry allocates $22mn for Egypt’s Al-Robeky leather zone phase II
Egyptian industry and trade ministry allocated around 200 million Egyptian pounds (US$22.5 million) for utilising…
New strategy for automotive industry to be submitted to Egypt’s Cabinet soon
Egyptian trade and industry ministry is about to submit new strategy for automotive industry to the Cabinet within…
Elsewedy Electric to establish $22 mln transformer station in Qatar
Egyptian cable maker Elsewedy Electric announced Sunday its subsidiaries would design, supply, and establish…
VW says U.S. ‘Dieselgate’ settlement not to be offered in Europe
Volkswagen's CEO has rejected calls for the carmaker to compensate customers in Europe over the 'Dieselgate'…
Lotte Group Chairman Shin says to cooperate fully with South Korea probe
Lotte Group Chairman Shin Dong-bin said on Sunday he will cooperate fully with a probe by South Korean prosecutors…
EGAS drills fourth well in Egypt’s giant Zohr gas field
Egyptian Natural Gas Holding Company- EGAS finished drilling fourth well in Zohr gas field in Mediterranean Sea,…