Egypt exports of furniture register $270 million in 10 months
Egypt's furniture exports have retreated less during the first ten months of 2017, registering $270 million.…
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industry & trade
New Chinese Star sells first Russia Oil from $9 Billion Rosneft Deal
A Chinese firm that’s grown from a small local trader to a global deal-making juggernaut sold its first cargo of…
Egypt’s exports register $1.1 billion to 6 Arab countries in 8 months
The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that Egypt’s total exports to six Arab…
Aramco, GE to launch Saudi Arabia’s first wind turbine next month
Saudi Aramco plans to commission its wind turbine pilot project, the first in the kingdom, next month, the state…
Volkswagen brand to return to top of volume carmakers by 2020: CEO
Volkswagen's core brand has a goal of returning to the top of volume carmakers by 2020, with adequate margins, VW…
Egypt Transportation Minister: $500 mln mega ports, containers projects are underway
Ministry of transportation is nearing complete execution of a number of major ports and containers projects with a…
European carmakers fear Trump fallout on trade, Iran
Germany's mighty automakers wasted little time on Wednesday in voicing concern that Donald Trump's election as U.S.…
GM to lay off 2,000 workers at two U.S. plants due to slow sales
General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on…
Panasonic shares plummet after heavy spending causes weaker outlook
Panasonic Corp shares plunged on Tuesday as investors reacted to a sharp downward revision of the electronics…
Sharp forecasts first annual operating profit in three years
Japan's Sharp Corp on Tuesday forecast its first annual operating profit in three years after it cut jobs and…
