Swiss Nestlé investments in Egypt hit $53mn in five years
The total investments of Swiss food and drink company Nestlé in the Egyptian market reached around one billion…
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Home textiles sector exports hit $600mn in 2016: Egypt’s Council
The total exports of Egypt’s home textiles sector reached around US$600 million in 2106, Undersecretary of state’s…
Samsung shares hit new record high despite Galaxy Note 7 recall
The Galaxy Note 7's exploding battery debacle not only triggered a massive PR nightmare for Samsung, but its…
Audi sales hit record in 2016, despite losing ground to rivals
German luxury-car brand Audi said its deliveries rose to a new record last year despite the diesel emissions…
Egypt’s bill of importing natural gas hit $250m per month: El-Molla
Egypt's bill of importing natural gas is estimated at around US$250 million per month, Egyptian Oil Minister Tarek…
Chinese imports to Egypt hit $2.6bn in 8 months
Egypt's imports from China rose by 0.4 percent in January-August 2016, representing 13.4 percent of state's total…
Super Mario Run downloads reach 40 million in first four days
Nintendo’s first proper smartphone game has proved to be a huge hit. According to the company, Super Mario Run was…
Number of sold autos to hit 228K by end-2016: Egypt’s AMIC
The total number of sold automotives in the Egyptian market is expected to rise by 18 percent by the end of…
hackers hit San Francisco transport systems
San Francisco’s transport agency has been hit by a hack attack that led to customers being able to travel for…
Siemens investments in Egypt hit €8b: German Ambassador
The total investments of German industrial group Siemens in Egyptian energy sector reached €8 billion, German…
Glass exports rise 3%, hit $96M in eight months- Egyptian Council
Egyptian exports of glass products rose by 3 percent in January-August 2016 to US$96.14 million compared to US$93.4…
Air raid hits third Syrian hospital in 24 hours
An air strike hit a hospital in the rebel-held Syrian village of Awaijel, west of Aleppo killing at least one…
Real GDP growth of Egypt to rise to 4% by 2019: S&P
Egypt's real GDP growth will exceed 4% by 2019, latest S&P Research Update on the country showed. Several…
Brazilian meat exports to Arab states hit $2.76b in nine months
The total volume of Brazilian exports of beef to Arab states recorded US$2.76 billion during the first nine months…
Saudi’s Savola says faces $45m Q4 hit amid Egypt pound float
Saudi Arabia's Savola Group , the country's largest food products company, said on Monday that the floatation of…
Turkish military says hits 71 IS targets in northern Syria
Turkey's military hit 71 Islamic State targets in Syria over the last 24 hours, the army said on Saturday,…
Trump hits independent candidate McMullin as ‘puppet’, draws fiery response
Republican presidential nominee Donald Trump directly challenged Independent conservative candidate Evan McMullin,…
Egypt’s exports of date palm hit $33mn
Egypt's total exports of date palm recorded US$33.6 million in 2015 through exporting 26,400 tonnes, state's Food…
Chemicals exports hit $2bn in eight months- Egypt’s CEC
Egyptian total exports of chemicals products rose by 7 percent during the first eight months of 2016 to US$2.023…
Egypt’s bill of imported non-durable consumer goods hit $6bn in 6 months
The total volume of Egyptian imports of non-durable consumer commodities decreased by 2.4 percent during the first…
Egypt’s ready-made clothes exports drop 13%, hit $819mn in 8 months
Egyptian exports of ready-made garments dropped by 13.6 percent during the first eight months of 2016. The total…
Egypt foreign trade with EU hits €12.8bn in 6 months
The total volume of Egyptian foreign trade with European Union states reached €12.8 billion during the first half…
Cement plants needs of coal to hit 9.7mln T by 2025: Egypt’s minister
The total needs of Egyptian cement factories of coal are expected to reach around 9.7 million tonnes annually by…
Debts to international oil firms hit $3.5b end-Sept: Egypt’s minister
Egypt's debts to international oil and gas companies rose to $3.58 billion by the end of September, the oil…
786 new firms formed in September with $225mn-investments: Egypt’s GAFI
The number of the new firms that have been founded in Egypt during September 2016 hit 786 with total investments of…
German-Egyptian trade volume hits £1.2bn in Q1 2016
The volume of trade exchange between Egypt and Germany fell by 2.7 percent during the first quarter of 2016. The…
In 6 months, Egypt’s exports to Italy hit $743mn
Egyptian exports to the Italian market declined by 6.9 percent to 6.6 billion Egyptian pounds (US$743 million) in…
Saudi-led coalition air raid kills 19 civilians in Yemen: residents
At least 19 civilians were killed on Wednesday when a Saudi-led coalition air strike hit a house in western…
Israeli chip designer Ceva rallies as iPhone win to boost profit
Shares in Israel's Ceva Inc hit a record high after firms specializing in dissecting and analyzing electronic…
Egypt’s bill of imported meat reaches $766mn in 6 months: CAPMAS
Egypt's bill of imported livestock, i.e. meats, buffalo, and cows, dropped by 5 percent during the first half of…
Jordan-Egypt trade exchange hit $223.6mn in six months
The total volume of trade exchange between Egypt and Jordan reached around US$223.6 million during the first half…
Brazilian imports to Egypt record $1bn in 7 months: Arab-Brazilian Chamber
The Egyptian market was ranked the third among the largest importers of Brazilian products in January-July 2016…
Egypt’s non-petroleum exports hit $11.6bn in 7 months
Egyptian non-petroleum exports rose by 2.4 percent during January-July 2016 to US$11.6 billion opposed to US$11.3…
Jordan-Egypt trade exchange hit $650mn; International Cooperation official says
The total volume of trade exchange between Egypt and Jordan is currently estimated at around US$650 million, Head…
Dollar hits one-month high vs yen on Fed rate hike bets
The dollar hit a one-month high against the yen on Wednesday as investors reversed bets made against the greenback…
Italy earthquake: Day of national mourning for the dead
A day of national mourning has begun in Italy for the almost 300 people who died when a powerful earthquake hit…
Egypt condemns ‘in strongest terms’ attack on Somali beach restaurant
Egypt condemned on Friday “in strongest terms” the terrorist attack that hit Somali capital Mogadishu on Thursday,…
University hit 21 times in one year by ransomware
Universities and NHS trusts in England have been hit hard by ransomware in the last year, according to Freedom of…
Pokemon Go-playing driver kills woman in Japan
A driver playing Pokemon Go behind the wheel has hit and killed a woman in Japan, say police. The 39-year-old man…
Plastics exports record $481mn in 6 months- Egypt’s CEC
Exports of Egyptian plastics sector fell during the first six months of 2016 by 1 percent to 4.27 billion Egyptian…