LG launches new production line in Egypt
South Korea's LG Electronics has launches a new production line for washing machines in the 10th of Ramadan City in…
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Lebanon PM criticises Hezbollah media border tour
Lebanese Prime Minister Saad Hariri criticised the powerful Hezbollah movement on Friday for organising a media…
East Ukraine ceasefire due to take effect
A ceasefire is due to come into effect in eastern Ukraine following a deal in Munich over the weekend to halt…
El Marakby Group to establish new rolling steel line with $39mn in Egypt
Egyptian steel maker El Marakby for Steel Group plans finishing studies on establishing new line for rolling steel…
Mosul battle: Iraqi special forces ‘break front line’
Iraqi forces fighting so-called Islamic State (IS) in Mosul have broken through the front line without suffering…
Nissan, KidZania to establish 1st role-play auto-production line in Egypt
Nissan Egypt is set to cooperate with KidZania Cairo to establish a role-play attraction modelled after their…
Tunnels Authority studies executing Cairo Metro Line 4 phase II with $3bn
Egyptian National Authority for Tunnels (NAT) is set to conduct studies on the second phase of Cairo Metro Line 4…
Tesla gets $300 million lease credit line from Deutsche Bank
Tesla Motors Inc (TSLA.O) said on Wednesday it had entered into an agreement with Deutsche Bank whereby the…
Rihanna launches new fashion collection for Puma
Rihanna says her new collection for Puma was inspired by Japanese street culture. The pop star launched the…
Paris Hilton to launch luxury hotel chain in Dubai, New York and Las Vegas
At the age of 35, Paris Hilton is continuing to build on a huge empire, and will soon launch a new line of luxury…
Hyundai to open first standalone store for Genesis luxury brand
Hyundai Motor (005380.KS) said on Thursday it plans to open its first dedicated store for its Genesis luxury car…
Total investments of Cairo Metro Line 3 worth $6bn- Tunnels Authority
The volume of total investments in all phases of Cairo Metro Line three is estimated at 52.8 billion Egyptian…
Tech IPO, Line, struggles to show its growth plan can work
In delaying its IPO by two years, Japanese messaging app company Line Corp bought time to correct weak financial…
Line seeks $3 bln IPO in Tokyo and New York
Line is aiming to raise about $3 billion in a dual Tokyo-New York listing, as the Japanese messaging application…
India talks on Rafale jet deal in final stage
Negotiations for India to buy 36 French Rafale fighter jets are nearing the finish line, the Indian defense…
Egypt’s MCV to export 60 double-decker buses to UK
Egypt-based MCV, affiliated to Mercedes Group and a branch of Ghabour family, has launched a direct production line…
Qalaa-CEC Kenya railway line deal to boost Egypt’s exports to $5bn
Egyptian Chemicals and Fertilizers Export Council (CEC) agreement with Qalaa Holdings to establish a railway line…
Egypt signs MoU with Chinese company to construct sixth metro line
Egypt signed a memorandum of understanding with the China Railway Construction Corporation to construct Cairo's…
South Valley Cement to complete $192mn new production line in 2017
Egypt-based South Valley Cement Company (SVCE) plans to complete a new production line by 2017 with investments…
South Valley Cement inks $38m contract with China’s Sinoma
Egypt-based South Valley Cement Company (SVCE) has signed a contract with Chinese firm Sinoma CDI, to carry out a…
Egypt targets Florence-Hurghada direct Airline Route
The Egyptian government is seeking to create a direct airline route between a key tourist city, Hurghda and the…
Egypt to issue Mechanisms for Internet Voice Free Calls next Week
Egypt’s telecom regulator, the National Telecommunication Regulatory Authority (NTRA) formed committee to issue…
Following Long Line of Royals, New Princess Named Charlotte Elizabeth Diana
The Duke and Duchess of Cambridge have named their daughter Charlotte Elizabeth Diana, Kensington Palace has said.…
Vinci and Bouygues win Cairo Metro Contract
A joint venture led by Vinci and Bouygues has won a € 264 million (£189m) contract to extend Line 3 of the metro in…
Mobily’s Launches Application to Recharge Lines via Mobile Camera
Etihad Etisalat “Mobily” announced the launch of the first mobile application in the world that allows users to…
Ikea Announces Presenting Furniture with Integrated Electronics
The world's biggest furniture maker, Ikea has announced plans to launch a line of furniture with integrated…
“Sidi Kerir Petrochemicals” Back to Life
Sidi Kerir Petrochemicals resumes operating its factories by the 25th of April, after halting production for more…
Lafarge studies acquiring a new cement production license
Erdogan S. Pekenc - CEO of Lafarge Group of Egypt- said that the company is considering the possibility of having…