U.S. investments in Egypt fall 85.9% in 2015: CAPMAS
U.S. investments in Egypt dropped during the past year by 85.9 percent compared to investments made in 2014, the…
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industry & trade
Iran Air signs agreement to purchase Boeing 737, 777 airplanes
Iran Air, the Islamic Republic’s state carrier, has sealed a memorandum of understanding (MoU) with Boeing Co.…
BP OKs investment in Egypt gas field 15 months after discovery
British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore…
General Electric CEO visits Egypt for second time in two months
Egyptian President Abdel Fattah al-Sisi met on Saturday with General Electric Company CEO Jeffrey R. Immelt.…
Egypt: Organic chemical exports surge 141% in Q1
Egypt’s exports of organic chemicals recorded 212.2 million Egyptian pounds throughout the first quarter of 2016,…
Abraaj Group to double Latin America investments through 2021
Abraaj Group, one of the largest private equity investors in developing markets, will double its assets under…
Spain’s UFG says Egypt LNG arbitration is ‘not over’
Union Fenosa Gas (UFG), owned 50-50 by Spain’s Gas Natural Fenosa and Italy’s Eni, has challenged reports that…
H&M sales surge 9% in May, 5% in quarter
Swedish fashion retailer Hennes & Mauritz (HM-B.SK) announced Wednesday that sales increased 9% in local…
Shell’s Philippine unit still targets IPO in 2016
Pilipinas Shell Petroleum Corp. has assured the Philippine government that its plan to undertake an initial public…
World’s best loved biscuit and confectionery brands form new global business ‘Pladis’
Yildiz Holding, CEEMEA’s largest food company, has brought together its core biscuit, chocolate, and confectionery…
