FedEx requests EU for $4.9 billion TNT bid
FedEx (FDX.N) has asked the European Union's competition regulator to approve its 4.4-billion-euro (US$4.9 billion)…
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industry & trade
Egypt can play key role in “Belt and Road” Project: senior Chinese Diplomat
Egypt can play a key role in China's "Belt and Road" initiative due to its strategic geographic location, said a…
Qalaa eyes almost double capacity for Sudan Cement Plant in 2016
Egyptian-based Qalaa Holdings, an African leader in infrastructure and industry, is to boost the production…
Egypt to establish Joint-stock Firm to add Power Production Units
The economic minister agreed Monday to establish a new joint-stock Egyptian company responsible for adding power…
Egypt agrees LNG Supply Deal with BP
Egypt has agreed a liquefied natural gas (LNG) supply deal with British oil major BP through 2015 and…
Russian Conglomerate offers Egypt wheat to be paid for in Rubles
Egypt has received a proposal to obtain wheat shipments from Russia, to be paid for in Russian currency, ruble,…
Russia to set up $5bn Joint Fund with Egypt
Egypt plans to complete establishment of US$5 billion joint fund with the Russian Direct Investment Fund and…
Rosatom eyes Desalination Industry in Egypt’s North Sinai
Moscow-based Rosatom State Atomic Energy Corporation (Rosatom) is keen to build a desalination plant in Egypt’s…
Orascom Construction completes Phase I of 250MW Power Plant
Orascom Construction has added 250 megawatts to Egypt’s national power grid at West Damietta power plant two weeks…
Egypt Trade Minister to speak at Russia’s Davos Forum
Minister of Industry and Trade, Mounir Fakhry Abdel Nour is to address St. Petersburg International Economic Forum…
