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Industry & Trade
Suez Canal Extension to turn Egypt into key Global Logistics Hub
The New Suez Canal will turn Egypt into an industrial, commercial and touristic centre internationally that will…
China to fund, operate Electric Train in Alexandria
The Egyptian National Railways signed a US$700-million agreement with China to finance and operate an electric…
GE unveils Customized Cloud Service in Industrial Data Push
General Electric Co said on Wednesday it is developing a cloud-based service tailored for industrial customers, the…
Pfizer wins EU approval for $15 billion Hospira buy
U.S. drugmaker Pfizer (PFE.N) gained European Union antitrust approval on Tuesday for its proposed $15 billion…
Hibiscus Petroleum unit wins concession in Egypt
Hibiscus Petroleum Bhd’s wholly-owned unit, Gulf Hibiscus Ltd, has been awarded the South East Ras El Ush…
UAE to provide education, transportation projects in Egypt
Egypt and the UAE signed a deal Tuesday for several development projects that will be provided to Egypt by the Gulf…
$5.5 billion total UAE investments in Egypt
UAE Investments in Egypt are worth US$5,8 billion, according to the latest report released by the Egyptian…
Toyota Q1 profit hikes by 10%
Japanese carmaker Toyota has reported a 10% increase in profits for the first quarter of its fiscal year, helped by…
Egypt targets $6.6mn Industrial Investments in FY2015-16
The Egyptian government targets attracting new investments worth EGP52 billion (US$6.6 billion) in…
Egypt eyes EGP12 billion in Transport Investments
Egypt is targeting 12 billion Egyptian pounds (US$1,5 billion) in investments for the transport sector within the…