Industry & Trade Egypt’s wealthiest man Sawiris becomes largest investor in Adidas Yomna Yasser Nov 1, 2015 0 Egyptian business tycoon Nassef Sawiris has raised his stake in international sporting goods maker Adidas to 6…
Industry & Trade Qalaa’s ASEC Cement to sell subsidiaries to Misr Cement Qena Yomna Yasser Nov 1, 2015 0 ASEC Cement, a subsidiary of Egypt's Qalaa Holdings, said Sunday it is to sell its entire stakes in ASEC Minya and…
Industry & Trade Bahrain’s investment in Egypt tops $955 million Yomna Yasser Oct 31, 2015 0 Bahrain’s overall investments in Egypt topped $955 million by the end of August this year, according to a report.…
Industry & Trade Siemens could expand Egypt power deal; says CEO aya salah Oct 31, 2015 0 German industrial giant Siemens could win an expansion of its record 8 billion euro ($8.8 billion) power deal with…
Industry & Trade Eni’s Zohr find to make Egypt’s LNG importer status ‘short-lived’ Yomna Yasser Oct 29, 2015 0 The huge Zohr natural gas field discovered by the Italian company Eni SpA off the coast of Egypt, could tip the…
Industry & Trade BP sees ‘new era’ of growth, new production from Egypt, Oman Yomna Yasser Oct 27, 2015 0 BP is ready to enter a new era of growth after resolving most of the 2010 Gulf of Mexico spill costs even as it…
Industry & Trade Egypt Cabinet gives nod to UAE, Chinese bids to upgrade power stations Yomna Yasser Oct 27, 2015 0 Egyptian government approved Tuesday two offers from UAE and Chinese firms to upgrade power stations in Egypt.…
Industry & Trade Norway’s Scatec Solar starts field activities in Egypt, eyes $600mn investments Yomna Yasser Oct 26, 2015 0 Norwegian solar power producer, Scatec Solar said it has begun engineering and procurement related activities in…
Industry & Trade Egypt’s wheat imports hit 2.6mn T since early FY2015/16, Russia top supplier aya salah Oct 26, 2015 0 Egypt, the world's largest importer of wheat, purchased around 2.6 million tonnes since the beginning of…
Industry & Trade Kenya seizes 23% of Egypt’s exports of detergents in 8 months aya salah Oct 25, 2015 0 Kenya captured 23 percent of Egypt's exports of detergents, topping the list of importers for this sector in the…