Majid Al-Futtaim plans new investments, launches new City Centre in Egypt
Leading retail UAE-based firm Majid Al-Futtaim (MAF) is investing 23 billion Egyptian pounds (US$3 billion) in…
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GM, Lyft to develop self-driving cars
General Motors Inc (GM.N) said on Monday it will invest $500 million in Lyft Inc and laid out plans to develop an…
Saudi Arabia is to invest $8bn in Egypt’s infrastructure
Saudi Arabia's planned $8 billion of investments in Egypt are likely to arrive over the next three years, the head…
Insurance firms invest $2.3 billion in t-bills: Egypt c.bank
Insurance companies have invested 18.014 billion Egyptian pounds (US$2.3 billion) in treasury bills during…
Intel may invest up to $5.5 billion in China facility
Intel Corp said it may invest up to $5.5 billion in the coming years to expand its manufacturing capacity for…
Egypt receives 31 global requests to invest in Suez Canal development project
Suez Canal Authority has received around 31 international investment requests to take part in the waterway…
Saudi tycoon says a new firm to invest in Suez Canal axis
Saudi-Egyptian Business Council (SEBC) is to create a new company to invest in Suez Canal axis as soon as Egyptian…
Pepsi, Coca-Cola competing for investment in Chobani – Reuters
PepsiCo Inc (PEP.N) and Coca-Cola Co (KO.N) are in talks to invest in Chobani LLC, in a deal that the Greek yogurt…
Ford to invest $1.8 billion to expand R&D in China
Ford Motor Co (F.N) said on Monday it will invest 11.4 billion yuan ($1.8 billion) over the next five years to…
India’s Embee to invest $754.8mn in Egypt’s agro sector
In a major foray into agri-business sector in Africa, Indian corporate Embee International is in the process of…
