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French investments in Egypt worth $1.3bn- industry minister
The total volume of French investments in Egypt reached around US$1.3 billion in a number of sectors notably…
Germany-Egypt bilateral trade hit €5 billion in 2015
The volume of bilateral trade between Egypt and Germany in 2015 reached around €5 billion ($5.6 billion), Egyptian…
General Electric signs $250 million deal to reinforce Egypt’s national power grid
U.S.-based multinational conglomerate corporation General Electric has signed a US$250 million contract with the…
Egyptian dairy maker Domty inks $10mn supply deal with Russian retailer Magnet
Egyptian dairy firm Arab Food Industries – Domty has signed a $10 million contract with Russia’s largest retailers,…
Japan’s Mitsubishi Heavy Industries to open permanent office in Egypt
Renowned Japanese company Mitsubishi Heavy Industries announced it is eager to open a permanent office in Egypt as…
China’s Q1 GDP grows 1.1 %, slowest quarterly pace since 2010
China's economy expanded a seasonally-adjusted 1.1 percent in the first quarter of 2016 from the fourth quarter of…
Intel shares could jump to 25 percent in next year
Intel Corp's shift to higher-growth businesses such as server chips and embedded chips for cars could drive a 25…
EU’s antitrust chief monitoring Google’s Android
The European Union antitrust chief, who has already charged Google with favoring its own shopping service in…
Alibaba reveals a $1.25B investment in food delivery service Ele.me
Southeast Asia wasn’t the only new market that Alibaba spent big to enter last week. Beyond a deal with Rocket…
Fingerprint firms to penetrate new markets beyond smartphones
A tap of a finger could soon suffice to identify credit card shoppers and rail commuters, offering areas of new…