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Industry & Trade
Investors request to invest in 30M meters in East Port Said – SCZone
Egypt's General Authority for Suez Canal Economic Zone (SCZone) received investment requests from companies,…
Binladin crisis to be resolved: Saudi labour minister
The crisis surrounding major Saudi Arabian construction company Saudi Binladin Group , which has been struggling to…
Foreign currency crisis affects Kia’s Egypt operations
The erosion of foreign currency reserves and the strain on import procedures have negatively affected Kia…
German finmin slams Volkswagen management over bonuses: paper
Germany's finance minister Wolfgang Schaeuble has criticised the executive board of scandal-ridden carmaker…
Suez Canal industrial zone allures 15 Russian companies; says minister Manturov
Russia’s Minister of Industry and Trade Denis Manturov said Friday that at least 15 Russian companies had committed…
IDA approves $22mn for Egypt’s Al-Robeky leather zone phase 2
The utilities fund of the Egyptian Industrial Development Authority (IDA) approved 200 million Egyptian pounds…
Refining’s silver lining loses luster at Exxon and Chevron
Exxon Mobil Corp and Chevron Corpon Friday reported their most dismal quarterly results in more than a decade on…
Egyptian exports to Russia rose 11% end-February
The volume of Egyptian exports to the Russian market rose during January-February 2016 to US$80 million from $72…
Bahrain, Egypt sign agreement on expertise exchange in plastic, furniture field
Egypt and Bahrain has signed work and cooperation agreement on exchange of expertise in the field of furniture,…
Egyptian Oriental Weavers eyes hiking exports to Russia to $5mn late-2016
Egyptian leading carpet manufacturer Oriental Weavers Group targets boosting its exports to Russia to US$5 million…