Egypt’s ECG to manage Al Nouran Group industrial arm
Egypt’s Engineering Consultants Group (ECG) has won a management contract for Al Nouran Sugar Company’s factory…
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industry & trade
Alibaba’s logistics arm raises funds from Singapore investors, others
The logistics arm of Alibaba Group Holding Ltd has completed a funding round, China's biggest e-commerce company…
Nasr Co. for Civil Works says net profit slumped to $1.5mn in 2015
Egypt-based Nasr Company for Civil Works (NCCW)’s net profit fell to 12.5 million Egyptian pounds ($1.5 million) by…
Eni flows gas at Zohr 2X well in Egypt
Italy-based Eni has announced that its Zohr 2X appraisal well in the Shorouk block offshore Egypt has delivered up…
Egypt seeks to connect 1.2 million homes with natural gas by June-end
State-owned Egyptian Natural Gas Holding Company (EGAS) plans to deliver natural gas to 1.2 million homes in Egypt…
Egypt to cut price of gas to steel and iron factories – minister
Egypt will reduce the price it offers natural gas to steel and iron factories to $4.5 per one million thermal units…
Turkey’s discount grocery chain BIM plans new stores in Egypt, Morocco
Turkish discount grocer BİM is planning to open 100 new stores in Egypt and 80 in Morocco as well as 600 new stores…
Egyptian foodmaker Edita heralds setting up its $20.4mn factory
Egyptian foodmaker, Edita has commenced the establishment and for its latest factory, with an investment cost worth…
Suez Cement refutes Italcementi’s plans to exit Egypt market
Suez Cement, Egypt's largest listed cement maker by market value, has denied plans to exit the Egyptian market and…
Hutchison Port Holdings buys 30.3% stake in Egyptian ports operator
Hutchison Port Holdings (HPH) has bought a 30.3 percent stake in Egypt's Alexandria International Container…
