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Industry & Trade
U.S. Blumberg Grain explores Egypt future development projects
Egypt’s Minister of International Cooperation Sahar Nasr received Wednesday a delegation from US-based global food…
Aluminuin Bahrain plans boosting exports to Egypt to $31mn end-2016
Bahran-based aluminium producer Aluminium Bahrain (Alba) targets boosting its exports to Egypt to 17,000 tonnes…
Eni’s Zohr production to be fully injected to fill Egypt gas needs
The amounts of natural gas set to be extracted from Eni's renowned Zohr gas find will be fully designated to fill…
Nestle agrees on ice cream joint venture with UK’s R&R
Nestle (NESN.S) has struck a deal with Britain's R&R Ice Cream to form a joint venture that will sell ice cream…
Japan automaker Daihatsu hasn’t cheated on fuel economy, executive says
A senior executive at Daihatsu Motor Co Ltd (7262.T) said on Wednesday he was confident the automaker had not…
UK envoy says Egypt can be driving force
Northern Irish MP Jeffrey Donaldson, the UK trade envoy to Egypt, stated Monday that Egypt can be a driving force…
Bahrain enhances economic cooperation with Egypt by inking 11 MoUs
Egyptian Trade and Industry Ministry signed 11 agreements Tuesday with a number of Bahraini investors and…
Trade exchange with Egypt reaches $384mn: Bahrain Commerce Chamber
The volume of Egyptian-Bahraini trade exchange hiked to US$384 in 2015 from US$120 million in 2014, marking 20…
Toshiba takes $2.3 billion writedown on U.S. nuclear unit Westinghouse
Japan's Toshiba Corp (6502.T) said on Tuesday that it booked an impairment charge of $2.3 billion for the past…
Aramco value to top $2 trillion, less than 5% to be sold, says prince
Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion and plans to sell less…