Russian manufacturing expands in Nov. ’24 – PMI
The Russian manufacturing sector recorded a modest improvement in November, with the S&P Global Manufacturing…
Browsing Tag
Firms
21,058 new firms launched in Egypt in 2018
The number of firms established in Egypt during 2018 increased 12.7 percent to 21,058 from 18,378 during 2017, said…
No comment on gas deal between private Egyptian and Israeli firms: ministry
Egypt’s petroleum ministry responded on Monday to news of a massive gas deal between Egyptian private company…
NBE secures 450 mln credit facilities to 2 firms in electricity sector
National Bank of Egypt (NBE), the country's largest state bank, has pumped credit facilities of 450 million (25…
NBE secures 450 mln pounds in credit facilities for Egypt electricity sector
National Bank of Egypt (NBE), the country's largest state bank, has recently pumped credit facilities of 450…
Profits at Dubai real estate developers firms fall
Shares in Dubai real estate developers may be in focus on Wednesday after two firms reported lower third-quarter…
Italian firms ready to pump investments in Egypt, aided by ambassador’s return
Mohamed Abou El-Enein, the head of the European-Egyptian Business Council (EEBC), said on Monday that Italian…
India lining up for $6bn investment boost in Egypt by 2020
Indian firms are keen on boosting investments in Egypt to reach $6 billion within 2020, Khaled Abu El Makarem- head…
Google’s firing of memo writer strikes nerve in Silicon Valley
A Silicon Valley culture war pitting liberal-leaning tech firms against a small conservative cohort took on new…
Germany threatens retaliation if US sanctions harm its firms
Germany threatened on Friday to retaliate against the United States if new sanctions on Russia being proposed by…
Belarus construction major hopes to partake in Egypt projects
One of the biggest construction firms in Belarus is offering to participate in executing a number of ongoing state…
GAFI: 1,741 firms formed in Egypt during March
Egypt's General Authority for Investment and Free Zones (GAFI) said Thursday there are 1.741 new firms established…
Cairo to deliver two social housing units in two months
Cairo governorate says it is planning to deliver two social housing projects within the next two months, at a total…
Egypt to pay off half of $3.5bn to oil firms next weeks- minister
Egypt expects to cut by around half the $3.5 billion within next few weeks in arrears it owes to international oil…
Egypt’s Hassan Allam executes two port projects in East Port Said
Egyptian construction firm, Hassan Allam is implementing two projects for ports in East Port Said region, near the…
Egypt’s central bank, investors reach deal to settle pre-float credit lines: bankers
Egypt's central bank has agreed with Egyptian investors to settle credit lines opened before it floated the pound…
Japan mission to explore Egypt investment opportunities in May – minister
A number of Japanese major food manufacturing firms will be visiting Egypt next 18-19 March to look for investment…
China protests US sanction on Iran that hurts Chinese firms
China said Monday that it had lodged representations with the United States over Washington's new sanctions list…
Egypt says committed to repaying $3.5bn to foreign oil firms
Egypt is committed to repaying the $3.5bn it owes in arrears to foreign oil companies but a foreign currency…
15 Egyptian firms to join Automechanika Dubai next May
Egyptian Engineering Export Council is set to participate in the international automotive aftermarket trade show in…
El-Molla endorses budgets of three Egyptian oil firms for 2017/18
Egyptian Petroleum Minister Tarek El -Molla endorsed Thursday the planning budgets of three oil firms for financial…
80 Egyptian firms to join Germany’s Fruit Logistica next Feb.
Around 80 Egyptian firms are scheduled to participate in the biggest international fruits and vegetables fair Fruit…
Egypt’s Heliopolis Housing invests 550M pounds in FY2016/17
Egypt’s Heliopolis Company for Housing and Development (HELI) is pumping investments worth 550 million Egyptian…
Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’
A Shanghai court ordered two Chinese firms to pay Walt Disney Co and Pixar more than 1.35 million yuan ($194,440)…
Egypt offers rate relief to firms hit by pound float
Egyptian companies unable to repay US-dollar denominated debts after the devaluation of the pound will be allowed…
Investors urge Sisi to take ’emergency measures’ to save firms from bankruptcy
A number of Egyptian investors took out a full-page advertisement in Egypt's Al-Ahram daily newspaper on Tuesday…
10 Egyptian firms join U.S. consumer electronic fair CES 2017 next Jan.
Around ten Egyptian companies are set to take part in the global consumer electronics and consumer technology…
SCZone eyes building automotive zone in Suez Canal economic zone
Egypt's General Authority for Suez Canal Economic Zone- SCZone targets establishing trade zone in Suez Canal region…
Gold firm on weaker dollar ahead of ECB meeting
Gold edged up slightly on Thursday, with the U.S. dollar weaker as markets waited for clues on the future of the…
Complete Energy attains $2.8m after finishing 2 solar plants in Siwa, Red Sea
Egypt’s Complete Energy Solutions Company (CES) has attained income worth 50 million Egyptian pounds ($2.8 million)…
BMW seeks to be ‘coolest’ ride-hailing firm with autonomous car
BMW will test autonomous vehicles in Munich next year as it seeks to keep up with ride-hailing firms like Uber…
Car firms to establish electric charge network
Several large car firms are working together to create a high-powered, electric-vehicle-charging network across…
Number of Italian firms investing in Egypt to hit 1,200 in two years
The Egyptian government targets raising the number of Italian firms investing in Egypt from 600 to 1,200 within the…
5 Egyptian building materials firms partake in Casablanca’s SIB
Egyptian building materials sector participates today in the 16th round of the International Building…
India mobile payments surge after shock banknote move
India's surprise move to get rid of big banknotes may have sparked a nationwide cash crunch, but it has proved a…
20 Egyptian building materials firms take part in Dubai’s BIG 5
Around 20 Egyptian firms participate today in the International Building and Construction Show- The BIG 5 that…
25% of active tech firms in Egypt are CIT-members: CEO
The number of Egypt’s Chamber of Information Technology and Communications (CIT) member firms reached 1,020,…
25 Egyptian ICT firms hold one-to-one meetings with Moroccan counterparts
The Chamber of Information Technology and Communications (CIT)has organised a number of bilateral meetings for more…
Egypt invites gold miners to explore for first time since 2009
Egypt will invite international gold mining companies to explore for the precious metal in the North African…
El-Molla meets heads of global oil firms on investments in Egypt
Egyptian Oil Minister Tarek El-Molla held meetings Wednesday with heads of global oil and gas firms to discuss…