Mubarak-era Egypt Steel Tycoon Ahmed Ezz Signs Deal with DP World Sokhna
Egypt’s steel tycoon Ahmed Ezz, Chairman of Al Ezz Dekheila Steel Company, signed an agreement with DP World…
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industry & trade
Electrolux to Boost U.S. Presence with $3.3 Billion General Electric Appliances Buy
Sweden's Electrolux (ELUXb.ST) said on Monday it would buy General Electric Co's (GE.N) appliances business for…
Sharp Mulling Sale of U.S. Solar Energy Unit: Bloomberg
Sharp Corp (6753.T) is looking to sell its U.S.-based solar energy development unit Recurrent Energy, Bloomberg…
Foreign Investment in Egypt Doubles to Over $6bn in 2013/14
Foreign direct investment into Egypt doubled to over $6 billion in the financial year that ended on June 30, Hassan…
Renewable Energy Is Egypt’s Raft out of Crisis: Experts
Scarcity of financial resources and the lack of a solid plan are the main reasons behind the perpetuation of…
Nile Pharmaceuticals Reports 23% Slump in H1 Net Profit
Egypt-based Nile Pharmaceuticals and Chemical Industries published Sunday its first half results showing a decline…
Egypt Kuwait Holding to Build U.S Fertilizer Plant Early 2015
Cairo-based private equity firm, Egypt Kuwait Holding Co. (EKHO.CA) plans to start building a $2.3 billion…
6th of October, Sheikh Zayed Factories Out of Service amid Blackout
Factories in cities of Sixth of October and Sheikh Zayed closed today amid the major power outage gripped Cairo and…
Israel Inks Historic Gas Deal with Jordan
Israel signed a memorandum of understanding with Jordan Wednesday, under which it will supply the Hashemite Kingdom…
UAE Firms Running 495 Projects worth $4bn in Greater Cairo
Total projects currently run by UAE companies in Greater Cairo amount to 495, with total investments exceeding US$4…