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Industry & Trade
Ford not interested in merging with Fiat Chrysler says CEO
Ford Motor Co (F.N) is not interested in a tie-up with Fiat Chrysler Automobiles NV (FCHA.MI), Chief Executive Mark…
Toyota to release plug-in, hybrid cars in China in 2018
Toyota Motor Corp plans to sell heavily electrified, so-called plug-in hybrid cars in China starting in 2018, its…
Toshiba in final talks on new president; Tsunakawa top candidate
Japan's Toshiba Corp is in final talks to replace President Masashi Muromachi, with Senior Executive Vice President…
Bahraini-Egyptian Business Forum to launch next Tuesday
The Bahraini-Egyptian Business Forum will kick off in Cairo next Tuesday, said Mohammed El-Sewedy, head of the…
Egypt eyes boosting intra trade with Algeria to $5bn in 2 years
Egyptian Ministry of Trade targets boosting volume of intra trade between Egypt and Algeria to US$5 billion within…
German-Swiss consortium executes $3.5bn-solar power plant in Egypt
An international consortium of large solar power and engineering industries firms announced Friday the start of…
Oil gloom hurts General Electric’s earnings
The global oil-market rout continued to weigh on General Electric Co., which posted a quarterly fall in operating…
Fiat Chrysler recalls 1.1 million cars, SUVs for rollaway issue
Fiat Chrysler Automobiles NV (FCHA.MI) said on Friday it is recalling more than 1.1 million cars and SUVs worldwide…
Volkswagen takes $18 billion hit over emissions scandal
Volkswagen (VW) said on Friday it would take a 16.2-billion-euro ($18.2 billion) hit to its 2015 results and slash…
Egypt’s non-petroleum exports rise 4% in March 2016
Egyptian non-petroleum exports jumped 4 percent in March 2016 to hit US$1.9 billion opposed to $1.8 billion in…