GB Auto considers $1.5 bln of Investments
Egypt's biggest listed vehicle assembler and distributor, GB Auto, is considering investing $1.5 billion to build…
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industry & trade
Carrefour to start Expanding Operations in Egypt within Days
French multinational giant retailer Carrefour SA will start carrying out the inception of three new supermarket…
Faragallah: 5 New Factories ready in April in Borg El Arab
Egypt’s Faragallah Food Industries is targeting the completion of five new factories worth EGP 1 billion in Borg El…
Falling Oil Prices Both Blessing, Curse for Egypt
Egyptian economists are watching the decrease in oil prices with satisfaction and anticipation. Their satisfaction…
Egypt’s Bisco Misr accepts Kellogg Offer
Shareholders in the Egyptian cake and biscuit maker, Bisco Misr, have agreed to sell a controlling stake to…
Kuwait Second Largest Arab Investors in Egypt’s Tourism Industry – Report
Kuwait is the second largest Arab investor in Egypt in tourism sector, according to a recent report by Egyptian…
Sidpec to build First Solar Power Plant in Alexandria
Egypt’s Petrochemical Company, Sidpec signed today a contract to build the first solar power station in Alexandria…
ElSewedy Electric inks Two Power Plants Contract
Egypt's ElSewedy Electric said on Monday it signed a contract to build two power stations in Egypt through one of…
Dana Gas receives $60 mln Payment from Egypt
Emarati Dana Gas received $60 million from the Egyptian government, representing 28 percent of its entitlements,…
Saudi Al-Othaim eyes Logistics Centres for Food Commodities in Egypt
Saudi leading Al-Othaim Group intends to launch supply chains for wholesale and retail markets alongside logistics…
