National Bank of Egypt loans ACC 231M pounds for a coal mill
Egypt's Arabian Cement Company (ACC) received Tuesday a seven-year loan worth 231 million Egyptian pounds from…
Browsing Tag
industry and trade
Cairo working to end Saudi ban on Egyptian strawberries: minister
Egypt is currently working to end a Saudi ban on imports of Egyptian strawberries implemented by the Gulf country…
Poland President Andrzej Duda heads business mission to Egypt by 2017-end
Poland’s President Andrzej Duda will start an official visit to Egypt by the end of 2017 at the invitation of…
Canada’s Bombardier signs $4 billion deal to build Cairo metro sixth line
Egypt signed Tuesday a memorandum of understanding with Canadian plane and train manufacturer Bombardier Inc to…
Abu Dhabi plans to IPO part of its state oil giant, joining a MENA trend
Abu Dhabi's state-owned oil company announced Monday plans to publicly list parts of its business and seek new…
Russia’s industrial zone in Egypt to open regional markets for Russian goods
A Russian industrial zone off the New Suez Canal is set to become the first platform to open up the markets of…
Sales of Egyptian Iron and Steel fall to 1.11bn pounds in 11 months
Egyptian Iron and Steel Company (HADISOLB), the country’s largest public companies, reported Monday a fall in sales…
Siemens in dispute with Russia over diverted turbines
Germany's industrial giant Siemens says at least two gas turbines it has supplied to a Russian company have been…
Egypt’s CAPMAS: inflation rate rises by 29.8% in June
The annual urban inflation rose to 29.8 percent in June from 29.7 percent in May, Egypt's Central Agency for…
Saudi Aramco: Oil market could see inflection point, IPO still on track for 2018
A turning point in the oil market is on the horizon amid a sharp fall in investments and a lack of fresh…