Trump move to block chipmaker deal bad for America – Xinhua
U.S. President Donald Trump’s decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week…
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Gold firm as dollar, equities slip ahead of Trump-Xi meeting
Gold prices held firm on Thursday on the back of a weaker dollar as appetite for risky assets like equities waned…
Dubai announces schemes for passenger drone service
A drone that can carry people will begin regular operations in Dubai from July, the head of the city's Roads and…
Gold prices firm on weaker dollar
Gold held steady on Wednesday after falling from two-month highs in the previous session, buoyed by a weaker dollar…
Dollar holds firm, upbeat China data lifts Aussie
The U.S. dollar held firm on Tuesday as the prospect of rising U.S. interest rates this year kept sentiment…
Home Textile Council forms firm in Russia to promote Egyptian exports
Egypt Home Textile Export Council (HTEC) agreed on forming an Egyptian firm in Russia to promote Egyptian exports…
Gold prices firm as dollar slips from 14-year high
Gold rose on Wednesday, reversing earlier losses, as the U.S. dollar edged slightly lower from 14-year highs…
Oil prices climb in anticipation of tighter 2017 market
Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC…
British BP to invest $13b in Egypt before 2020
British oil company BP Global plans to invest US$13 billion in the Egyptian market before 2020, the UK…
Singaporean firm to develop 33M sq. metres in Fayoum: Egypt’s Qabil
Egyptian industry ministry is set to sign a Memorandum of Understanding (MoU) with a Singaporean firm to develop 33…
Azerbaijan’s SOCAR supplies two Egyptian refineries with 2M barrels of Azeri Light
Azerbaijani state-owned oil firm SOCAR is set to supply two Egyptian refineries with two million barrels of Azeri…
Dollar firm near 9-month high on Fed rate outlook
The dollar held near nine-month highs against a basket of major currencies on Tuesday as solid U.S. manufacturing…
Swedish Tetra Pak eyes higher sales in Egypt
Swedish food packaging firm Tetra Pak plans to raise its sales volume in the Egyptian market within the…
Egypt’s Tabarak partakes in Al-Ahram real estate event in UAE
Egyptian property firm Tabarak Holding is participating Thursday in Al-Ahram Real Estate Exhibition, which takes…
New Saudi-Egyptian firm formed to build $1bn-steel complex in Suez Canal region
Egyptian Suez Canal Authority (SCA) signed Tuesday a partnership agreement with a Saudi organisation on forming a…
Indian firm to inject $33mn into Egypt’s chemicals sector
An Indian firm working in field of resins and industrial chemicals field plans to inject more investments of 300…
China, Egypt to ink MoU on establishing $700mn-containers terminal at Damietta Port
Egypt's Cabinet approved the suggestion of transport ministry for signing a Memorandum of Understanding (MoU) with…
Arab Contractors executes $56mn-projects in North Africa
Egypt's leading construction firm, Arab Contractors (AC) is carrying out infrastructure projects along with other…
Capital Group Properties signs 5 MOUs for Alburouj project
The real estate development firm, Capital Group Properties (CGP) signed five memorandum of understanding (MOU) with…
Egypt’s Arab Contractors eyes new projects in 3 African countries
Egypt's leading construction firm, Arab Contractors (AC) aims to implement number of projects in three African…
Egypt’s Moukhtar Ibrahim is assigned projects worth $901mn in two years
Egypt’s leading construction firm, Mokhtar Ibrahim has been directly assigned a total volume of business with…
Egypt-based real estate firm Azmeel Group Develops Beit Al Watan project
Egypt-based real estate firm, Azmeel Group for Real Estate Development is developing the Beit Al Watan project…
Cairo Solar terminates investments in Egypt amid feed-in tariff dispute
Solar power solution firm Cairo Solar-Egypt is set to terminate its all feed-in tariffs projects in Egyptian…
Saudi firm cooperates with FEDCOC to boost Egyptian labour efficiency
Federation of Egyptian Chambers of Commerce (FEDCOC) is set to cooperate with a Saudi firm for recruiting Egyptian…
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…
Carlyle could make a brace of $2 billion acquisitions in Japan
Private equity firm Carlyle Group (CG.O) said it could make a pair of acquisitions in Japan worth $2 billion…
Chinese firm eyes executing phosphate project in Egypt’s New Valley
A mission from large Chinese firm specialised in establishing mining projects is set to meet New Valley governor,…
Egypt’s Mokhtar Ibrahim to develop 106 feddans in Helwan late 2016
Egypt’s leading construction firm, Mokhtar Ibrahim, is set to develop 106 feddans of its land portfolio in Helwan…
Egypt’s Mokhtar Ibrahim to complete 4 bridges worth $56.3mn in December 2016
Egypt’s leading construction firm, Mokhtar Ibrahim, is set to complete works on four new bridges among its share in…
Nikkei falls to 2-week low as yen firms before Fed, BOJ meetings
Japan's Nikkei share average fell to a near 2-week low on Tuesday as the yen firmed against the dollar ahead of the…
Egyptian property firm Azmeel Group has units worth $67mn in Egypt
Egypt-based real estate firm, Azmeel Group has available housing units worth 100 million Egyptian pounds in the…
Japan’s Line prices IPO at top of the range, may increase to $1.3 billion
Japanese messaging app firm Line Corp priced its initial public offering at the top of its marketed range, putting…
Ethiopia, Egypt, Sudan receive technical proposal of Renaissance Dam
Egypt, Sudan and Ethiopia have received the final technical proposal from the French consultancy firm…
Bendable phones that wrap around wrists could be reality in 5 years: Lenovo
Bendable smartphones could be a reality in five years, Lenovo's head of mobile told CNBC, after the Chinese…
New Vision pumps $ 7.8mn in 5 new real estate projects in Cairo
Egypt-based real estate firm New Vision, announced establishing five new property projects in Cairo’s neighborhoods…
Swedish payments firm Klarna taps debt market for the first time
Swedish payments firm Klarna, one of Europe's most highly valued tech startups, said on Monday it had tapped debt…
Zegona in deal with Telia to buy Yoigo, needs smaller investor approval
British investment firm Zegona said it would push ahead with talks to buy Yoigo after reaching agreement with the…
Egyptian Mokhtar Ibrahim to complete water treatment network in Oman mid-2017
Egypt’s leading construction firm, Mokhtar Ibrahim, is set to complete water treatment network in Oman mid-2017…
French firm to establish car assembly factory in Egypt
A French auto maker plans to establish car assembly factory in the Egyptian market within the upcoming period,…
Egypt’s Mokhtar Ibrahim develops 500 feddans in New Alamein City project
Egypt’s leading construction firm, Mokhtar Ibrahim, is currently developing 500 feddans of New Alamein City with…