China’s COSCO Shipping lining up for new logistics park in Egypt
China's TEDA corporation, COSCO shipping company, and Suez Canal Economic Zone (SCZone) signed on Tuesday an…
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Trump promises Syria ‘safe zones’, Obama says no easy fix
U.S. President-elect Donald Trump said on Friday his administration would build "safe zones" to try to help…
Toyota works to develop advanced electric-car battery
Toyota Motor Corp said it aims to develop a more advanced electric-car battery "in a few years" that will allow…
Capital Group Properties signs MoU to establish a smart city in Cairo
Egypt-based innovative community developer Capital Group Properties (CGP) announced Tuesday signing a memorandum of…
Egypt’s Al Nouran to build largest sugar plant in MENA worth $360M
Egypt-based Al Nouran Sugar (ANS) is set to build largest sugar plant in the Middle East and North Africa (MENA)…
Palmier Real Estate to build $9m tourist resort in Egypt’s Matrouh
Palmier Real Estate Investment and Project Management intends to launch a tourist resort in Marsa Matrouh located…
MCIT receives 5 requests to establish electronics factories in new technology parks
Five companies have submitted requests to Minister of Communications, Yasser El-Kady, to obtain land in order to…
Oil prices fall for fourth day after stockpile build
Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official U.S. stockpile…
Honda planning new China car factory for 2019 start
Honda Motor Co (7267.T) plans to build a new factory in China that will produce passenger cars from 2019, boosting…
Egypt’s Assiut Oil Refining to build new refinery with $350mn
Assiut Oil Refining Company-ASORC is planning to establish new refining unit with investments worth more than…
Google defers plan for phone with interchangeable parts – sources
Alphabet Inc’s Google has suspended Project Ara, its ambitious effort to build what is known as a modular…
Canada’s Bombardier discusses monorail project near Cairo
Canada's Bombardier Inc and Egypt's government discussed Tuesday steps to build a 35km monorail on the outskirts of…
Alstom says wins $2 billion U.S. train deal
French transport group Alstom (ALSO.PA) said on Friday it had signed a 1.8 billion euro ($2 billion) deal to design…
Oil prices fall on U.S. crude stocks build; fears over China demand
Oil prices fell on Wednesday as an unexpected build in U.S. crude inventories weighed on markets, along with…
IDA discusses building pharmaceuticals complex in Egypt’s Beni Suef
Egyptian Industrial Development Authority (IDA) is currently studying the establishment of a comprehensive…
Oil prices dip on U.S. crude inventory build, record Saudi output
Oil prices fell on Thursday as a build in U.S. crude inventories and record Saudi Arabian production reinforced…
Chinese firm eyes building automotive factory in Egypt- minister
Egyptian Ministry of Public Enterprise Sector is currently studying an offer proposed by a Chinese firm to build…
Crude oil rises after ninth weekly stock drawdown in U.S.
Crude oil prices rose on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of…
Auto maker Ghabbour Auto plans investing $281mn in Egyptian market
Egyptian automotives maker Ghabbour Auto Group (GB Auto) intends to injects new investments worth 2.5 billion…
After failed coup, Erdogan vows to build barracks in central Istanbul
Turkish President Tayyip Erdogan vowed on Tuesday to revive plans for an Istanbul park that sparked anti-government…
China says more talks needed to build consensus on nuclear export club
China said on Sunday that more talks were needed to build a consensus on which countries can join the main group…
Japan pledges support for Southeast Asia security to counter coercive China
Japan will help Southeast Asian nations build their security capabilities to deal with unilateral, dangerous and…
Italy’s Bertazzoni to build €55mn-coockers factory in Egypt
Italian kitchen products manufacturer Bertazzoni-Italia is to pump investments of €55 million to establish cookers…
Facebook’s Zuckerberg meets U.S. conservatives over bias debate
Facebook Chief Executive Mark Zuckerberg heard from more than a dozen U.S. conservative leaders on Wednesday and…
Amazon to open more real-world stores
Amazon's chief executive Jeff Bezos has confirmed that the online retailer plans to build more real-world book…
Peugeot collaborates with Dongfeng to develop electric vehicles
PSA Peugeot Citroen and Dongfeng Motor said they signed an agreement on Wednesday to create a common platform to…
Italy’s Eni to build natural gas processing plant in Egypt’s Port Said
Italian energy giant Eni received 400 feddans in Port Said governorate to establish a plant for processing natural…
268 new industrial facilities received Egypt’s IDA approval in Feb
The Egyptian Industrial Development Authority (IDA) has granted approvals to establish 268 new industrial…
Egypt to build $25mn power plant in Sheikh Zayed City
Sheikh Zayed City Development Authority plans to launch power plant with investments worth 200 million Egyptian…
China Railway eyes building $2.2bn-power plant in Egypt
China Railway Company has submitted an offer to Egyptian electricity ministry Wednesday to build energy…
Ford, Google in talks over building self-driving cars
Google is said to be in talks with automaker Ford Motor Co (F.N) to help build the Internet search company's…
Egyptian Industries Federation to build new chemicals complex in Qalyubia
The Federation of Egyptian Industries (FEI) is to sign a contract to establish new industrial complex for small and…
Crude futures edge up, but U.S. inventory build drags
Oil futures were up slightly in early Asian trade on Thursday after losses the previous session on official figures…
China to build monument commemorating deadly Tianjin blasts: Xinhua
Chinese authorities in Tianjin will build a monument to commemorate the 160 people killed in two explosions in the…
Army To Build New Towns For Civilians In Sinai: Al-Sisi
President Abdel Fattah Al-Sisi gave a speech Sunday addressing a number of local issues, in a meeting with army…
Egypt to build Housing Units in Old Cairo Slum
Egypt plans to build housing units for residents of Batn Al Bakara slum located in Old Cairo, Prime Minister…
Egypt’s Construction Firms can build Cairo Capital in 1 year
Mohamed Abdel Raouf, a board member of the Egyptian Federation for Construction and Building Contractors (EFCBC)…
Tunisia to build wall on Libyan border
Tunisia has started to build a 168 km-long wall along the border with Libya to defend from Libyan terrorists and…
Orascom Construction Consortium To Build 9,600 Mw In Egypt
Orascom Construction (ORAS) will build two state-of-the-art combined cycle power plants in Egypt with a power…
Egypt to build 2 Solar Power Plants in Congo
The Egyptian government plans to establish two solar power plants, worth $6m, in the Democratic Republic of the…