Industry & Trade Orascom Construction seals $420mn deal to develop 2 power plants in Egypt Yomna Yasser Jan 11, 2016 0 Orascom Construction said Monday it has signed contracts to convert Assiut and West Damietta power plants in…
Industry & Trade Sweden’s Electrolux CEO to step down Yomna Yasser Jan 11, 2016 0 Swedish home appliances maker Electrolux said Monday its chief executive Keith McLoughlin would retire from the…
Industry & Trade Sanofi, Innate Pharma say to develop tumor treatment Yomna Yasser Jan 11, 2016 0 French pharmaceutical giant Sanofi S.A.(SAN.FR) announced Monday that it sealed an agreement with Innate Pharma…
Industry & Trade Air France-KLM incurs $76 mln loss from Paris attacks Yomna Yasser Jan 11, 2016 0 Air France-KLM announced Monday the November Paris terror attacks that left 130 people dead in the French capital…
Real Estate Samcrete’s unit to sign East Port Said industrial zone contract soon Yomna Yasser Jan 9, 2016 0 The Industrial Development Group (IDG), an industrial arm of Egypt-based construction firm Samcrete, will sign an…
Industry & Trade Pfizer raises U.S. prices for over 100 drugs on January 1 Yomna Yasser Jan 9, 2016 0 Pfizer Inc (PFE.N), which plans a $160-billion merger with Ireland-based Allergan Plc (AGN.N) to slash its U.S. tax…
Industry & Trade Volkswagen CEO to meet U.S. regulators this week Yomna Yasser Jan 9, 2016 0 Volkswagen AG Chief Executive Matthias Müller will visit the U.S. this week to attend the Detroit auto show and…
Industry & Trade Suez Cement to complete coal conversion scheme at end-2016 Yomna Yasser Jan 6, 2016 0 Suez Cement, Egypt's largest listed cement maker by market value, plans to complete its preparations for coal usage…
Industry & Trade VW faces billions in penalties as US sues for environment violations aya salah Jan 6, 2016 0 The U.S. Justice Department has sued Volkswagen for up to $90 billion for allegedly violating environmental laws -…
Industry & Trade Egypt starts talks to adjust its trade treaties with US and Israel Yomna Yasser Jan 5, 2016 0 Egypt will start Tuesday its official talks to adjust both Trade and Investment Framework Agreement (TIFA) with the…