U.S. permits Shell to drill for oil in Arctic off Alaska
The U.S. government gave Monday Royal Dutch Shell a final green light to drill for oil and natural gas in the…
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industry & trade
Kellogg buys greater stake in the Egyptian biscuit maker – sources
The US Kellogg’s grip on Egypt-based biscuit maker Bisco Misr has become firmer after buying Misr Insurance…
Egypt’s Edita Q2 net profit steady at 66.96 mln Egyptian pounds
Aug 13 Egypt's Edita Food Industries reported a second-quarter net profit of 66.96 million Egyptian pounds ($8.56…
Egypt’s Startups Starting to Grow Up
Four years ago Egypt’s January 25 revolution lit a bonfire under the nation’s political imagination and heralded…
Oriental Weavers’ H1 net profits hit 276 million Egyptian pounds
Egypt’s largest carpet-maker Oriental Weavers (ORWE.CA) reported first half net profit of 276,8 million…
Russia’s Gazprombank offers Egypt to use rule in grain deals
Russia's Gazprombank has proposed to Egypt that it consider using the Russian national currency…
Sisi establishes economic zone around Egypt’s Suez Canal
President Abdel Fattah al-Sisi issued a decree establishing an economic zone for Egypt's Suez Canal, the country's…
Italian Mulmix offers launch of grain silos in Egypt
Italy-based Mulmix Company is offering Egypt to establish a number of silos for wheat and grain storage, Egyptian…
Egypt, Ukraine plan Joint Businessmen Forum this year
Egypt and Ukraine are to hold their Joint Economic and Scientific Cooperation Committee meetings within the second…
Sisi passes decree to start Suez Canal Zone Project soon
Egypt will soon start on the Suez Canal zone project after President Abdel Fattah al-Sisi ratified a decree. Sisi…
