Cemex Backs Egypt Court Referral on Assiut Ownership Case
An Egyptian appeals court’s decision to refer a case over Cemex SAB (CEMEXCPO)’s ownership of Assiut Cement Co. to…
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industry & trade
Egypt Sees 33% Rise in FDI during 2013/2014
Egyptian Investment Minister said Monday net foreign direct investment in Egypt is expected to rise by a third to…
Peugeot Citroen 2013 Vehicle Sales Fall
Vehicle sales of French auto maker PSA Peugeot Citroen (UG.FR) fell by 4.9% in 2013 compared to the previous year,…
Peugeot to Begin Talks for New Capital Increase
The board of PSA Peugeot Citroën SA has approved the broad outline of a possible EUR3 billion capital increase that…
Egypt PM Discusses Developing “Golden Triangle” Project for Mineral Wealth
Egyptian Prime Minister Hazem el-Beblawy held a ministerial meeting on Sunday 19/1/2014 to discuss ways of…
KSA-Egypt Power Grid Project: Consulting Contract worth $1 mln Signed Today
Egyptian Ministry of Electricity has signed on Sunday with one of the Canadian consultancy firms, a consulting…
GAFI: 8512 New Firms Founded in Egypt during 2013, Highest Since 2005
Around 8512 new companies were founded in Egypt during 2013, according to the Chairman of the Egyptian General…
Apache Corp Says Severe Weather Hurt U.S. Output
Oil and gas producer Apache Corp said a severe winter hurt output at its operations in Oklahoma, Texas and…
Citadel Capital Buys $534mn of Platform Company NOPC’s Debts
Transaction may allow upstream oil and gas company National Oil Production Company to improve its economic…
Citadel Capital Completes EGP2.628 bln in Asset Purchases, Add-On Investments
New acquisitions and follow-on investments come in the context of Citadel Capital’s ongoing EGP 3.64 billion…