Egypt, China’s Jiangsu Changyun sign MoU for automotive manufacturing platform
Egypt signed a memorandum of understanding with Chinese machinery maker Jiangsu Changyun Intelligent Technology…
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OVERVIEW: Egypt’s new bulk carriers Wadi Al-Nil and Wadi Al-Qamar
Egypt's National Navigation Company has taken delivery of two new dry bulk carriers, Wadi Al-Nil and Wadi Al-Qamar,…
China’s Zenith Group to invest $300 mln in Egypt tyre materials plant
Egypt signed an agreement with China’s Zenith Group Co., LTD on Wednesday to invest $300 million in an automotive…
China’s Chaoyang LongMarch breaks ground on $190 mln Egypt tyre plant – SCZONE
Chinese tire manufacturer Chaoyang LongMarch Tyre Co., Ltd. has broken ground on a $190 million factory in Egypt's…
Egypt in talks with China’s Shandong Linglong on $2 bln tyre complex
Egypt is in talks with China’s Shandong Linglong Tyre Co., Ltd., to develop a $2 billion tyre manufacturing complex…
China’s Jiangsu Port, Shanghai Huanji plan $400 mln terminal in Egypt – Cabinet
Egypt said on Monday it discussed a proposed container terminal at Ain Sokhna Port with Chinese firms Jiangsu Port…
Egypt signs $1.15 bln deals for three industrial complexes at SCZONE
Egypt on Tuesday signed agreements worth $1.15 billion to build three new industrial complexes in the Suez Canal…
Suez Canal Economic Zone breaks ground on China’s $70m Xinmin glass factory
The Suez Canal Economic Zone Authority held a groundbreaking ceremony on Wednesday for China’s Xinmin Glass factory…
China’s GS Global to build $15m garment factory in Egypt’s West Qantara
Egypt’s Suez Canal Economic Zone (SCZone) has signed a $15 million agreement with Chinese apparel manufacturer GS…
China’s Kinlead to build $60m packaging materials plant in Egypt’s West Qantara
China’s Zhejiang Kinlead Innovative Materials Co., Ltd will invest $60 million to build a flexible packaging…
IFC invests $40m in China’s green finance
The International Finance Corporation (IFC) has made a strategic equity investment of approximately $40 million in…
Chinese firm launches carbon-neutral earphones
A Shenzhen-based company launched the world’s first zero-carbon open-ear earbuds, the Cleer ARC 3, on Monday. The…
S. Korean’s foreign real estate investments lose nearly 1tln won
South Korea’s top five financial companies are facing 1 trillion won losses from their 20 trillion won in foreign…
Mitsubishi Heavy Industries launches its Egyptian subsidiary
Mitsubishi Heavy Industries, Ltd. (MHI) established on July 21 its Egyptian subsidiary MHI Technologies S.A.E (MHI…
Japanese Mitsubishi eyes upgrading Egypt’s iron, steel complex in Helwan
Japanese engineering company Mitsubishi Heavy Industries, Ltd. eyes developing Egypt's iron and steel complex in…
Samsung Inaugurates its First Multi-Story Showroom in Egypt
Samsung Electronics Co., Ltd, a global leader in electronics and digital technologies, announced today that the…
Samsung Introduces REX Series To Egyptian Market
The new series of full-touch feature phones that are set to transform the way users communicate Samsung Electronics…
France’s AXA Is largest Global Insurer By Net Premiums Witten
Japan Post Insurance Co., Ltd. topped A.M. Best’s Review list of the world’s 25 largest insurance companies by…
Bentley Says Sales In China Exceed US
Beijing: Bentley Motors Ltd, the Volkswagen AG super-luxury brand, said China became its biggest market during the…