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Industry & Trade
30 Russian Firms pursue Investment Opportunities in Egypt
A Russian mission encompassing 30 firms is to visit Egypt Sunday to discuss available investment opportunities in…
Egypt announces three new Oil Discoveries in Gulf of Suez, Eastern and Western Deserts
Egypt announced three new petroleum discoveries in Gulf of Suez, Eastern and Western desert with total reserves of…
Eastern Company Profits rise by 19.2 pct end June 2015
The profits of Eastern Company S.E.A -a joint stock company- increased by 19.2% during the fiscal year 2014-15,…
Honda to recall 700.000 cars in China
Chinese authorities said on Sunday that Honda Motor Co. and its two joint ventures in China would recall 742,493…
Ministerial Committee to follow up COMESA Customs Union’s Programmes
Minister of Trade and Industry Monir Fakhry Abd El Nour issued a decree Saturday to form ministerial committee to…
Mitsubishi Motors will seek buyer for sole U.S. Auto Plant
Mitsubishi Motors Corp (7211.T) said on Friday it will stop building cars at a factory in Normal, Illinois, and…
Brazil clears $70 bln BG-Shell Merger: BG
BG Group Plc on Friday confirmed that it has received final unconditional clearance from Brazilian competition…
Egypt signs update to Head of Agreement with Eni after New Gas Discovery
Egypt and Eni on Friday signed an update to the head of agreement reached in March, following the recent discovery…
Tunnels Authority starts Phase 3 of Cairo Metro Line 3 Soon
National Authority for Tunnels (NAT) to start implementing the third phase of Egypt’s Cairo Metro Third Line next…
Coca-Cola Profits hit US$3.1bln in H2
US drinks giant Coca-Cola has reported a rise in profit after raising prices in North America. Earnings rose 20% to…