Ford Motor is replacing Mark Fields as CEO
In a shake-up reflecting the pressures on the American auto industry, Ford Motor is replacing its chief…
Browsing Tag
industry
Campaign to attract one million Chinese tourists to Egypt
An international conference to promote Egypt's tourism industry to the Chinese market will be held on Saturday, May…
Egypt leads Africa in building the most hotels
Egypt is currently building the most hotels of all countries in Africa, according to an industry database. With 53…
European markets close lower, gains in focus
European markets closed lower on Friday as investors reacted to fresh earnings and geopolitical tensions.The…
Egypt’s Finance Ministry resolves over 450 tax disputes of 1.5bn pounds
The Ministry of Finance announced Monday that the committees responsible for resolving tax disputes have resolved…
Oil climbs after data shows surprise US stock draw
Oil prices rebounded from three-month lows on Wednesday after industry data showed a surprise draw down in U.S.…
European markets close lower, Fed rate hike eyed
European markets closed lower Tuesday as investors digested fresh economic data and eyed a probable interest rate…
Asia markets mixed, Aussie dollar strengthens after RBA holds rates unchanged
Asian shares wavered on Tuesday as investors ponder increased expectations that the Federal Reserve could tighten…
FEI expects Egypt industrial sector to grow 8% in H2 of FY2016/17
Federation of Egyptian Industries (FEI) expects that the country’s industrial sector is set to achieve eight…
Abu Soma signs 300mn pound-contract for Soma Bay Red Sea Resort
Egypt’s Abu Soma Development Company has signed construction contracts worth 300 million Egyptian pounds ($16…
