Saudi Arabia truly transforming the energy system: ABB chief
Swiss power grid maker ABB is "ideally positioned" to support Saudi Arabia's transformative bid to become a more…
Browsing Tag
maker
Egypt’s tobacco maker Eastern Co eyes 300mn pounds-revenues in FY2018
Egypt's top cigarette maker Eastern Company is planning to achieve revenues worth 300 million Egyptian pounds…
Facebook is putting ads everywhere in hopes of finding the next News Feed
Facebook has a cash cow. It's called News Feed, and for the past five years, it has been the company's core money…
Egypt’s tobacco maker Eastern Co. boosts products prices
Egypt's top cigarette maker Eastern Company decided on Wednesday to increase the prices of its products ranging…
Egyptian ceramics maker Gemma plans 90 mln pounds investments in H2
Egypt-based ceramics maker, Al Ezz Ceramics and Porcelain Company (Gemma) said Wednesday it is planning to pump…
Ezz Steel eyes raising exports by 30pct in 2017
Egyptian steel maker Al Ezz Steel Rebars (Ezz Steel) aims at raising exports volume by 30 percent within 2017,…
Nestlé to invest one billion pounds in Egypt until 2021
Swiss food and drink maker Nestlé targets injecting new investments worth one billion Egyptian pounds in Egypt…
Dairy maker Domty to finish 2016 investment plan in Q2 of 2017
Egyptian dairy maker Arabian Food Industries Company-Domty is scheduled to finish its investment plan within the…
Panasonic aims to move Tesla auto partnership beyond batteries: CEO
Panasonic Corp aims to extend its partnership with electric car maker Tesla Motors Inc beyond batteries and into…
Sweden’s Electrolux investments in Egypt worth $205m since 2011: official
The total investments of the Swedish home appliances maker Electrolux in the Egyptian market are estimated at…
Ghabbour Auto to build new $54m-factory in Egypt’s Suez Canal region
Egyptian auto maker Ghabbour Auto -GB group got necessary approvals for establishing new factory for manufacturing…
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…
Confectionery maker El Rashidy El Mizan to launch $8m-factory early-2017
Egyptian confectionery producer El Rashidi El Mizan targets launching its new factory in 6th of October City at the…
Egyptian dairy maker Domty studies raising products prices end-2016
Egyptian dairy and juice maker Arabian Food Industries Company (Domty) studies raising prices of its products by…
Electrostar plans investing $11M in Egypt, raising capacity by 50%
Home appliances maker Electrostar for Engineering Industries plans injecting investments of 150 million pounds…
Egypt ceramic maker Royal to launch new plant in Obour in Q1 2017
Egyptian ceramic manufacturer Royal Company for Ceramics Industry targets launching its new factory in 1st…
Beverage maker Juhayna invests $45m to expand in Egyptian market
Egyptian beverage and yogurt maker Juhayna for Food Industries finished injecting 400 million Egyptian pounds…
Hygienic paper maker Fine investments in Egypt hit $112m
The total investments of paper products maker El Bardi Paper Mill - Fine in Egyptian market are estimated at more…
Egypt’s tobacco maker Eastern Company raises issued capital to $169mn
The Egyptian joint stock company Eastern Company is set to boosts its issued capital to 1.5 billion Egyptian pounds…
Audi opens Mexico plant to make Q5 SUV
German car maker Audi (NSUG.DE) inaugurated on Friday a new plant in Mexico, where it will build the new Audi Q5…
Pharco launches new $30mn-plant for medicines materials in Alexandria
Egypt’s leading drug manufacturer Pharco Pharmaceuticals, Inc. targets launching new plant for pharmaceutical…
ElSewedy keeps up feed-in tariff projects despite dispute with Egypt’s Electricity
Egypt's leading wire and cable manufacturer El Sewedy Electric is to continue executing the first phase of feed-in…
Sharp to review TV licensing deals to boost global presence
Japanese electronics maker Sharp Corp said Tuesday it will review its TV brand licensing deals overseas in an…
U.S. can maker Ball Corporation plans investing more $60mn in Egypt
U.S. drink can maker Ball Corporation studies pumping new investments worth US$60 million into the Egyptian market…
Xerox profit beats estimates as cost cuts begin to pay off
<span class="articleLocation">Printer and copier maker Xerox Corp reported a higher-than-expected…
Egyptian home appliance maker Universal eyes $416mn sales by late-2016
Egyptian home appliances maker Universal for Engineering Industries targets obtaining sales of 3.7 billion Egyptian…
Tesla, SolarCity close to merger agreement
Tesla Motors Inc and SolarCity Corp have made progress in putting together a deal that will merge the…
Auto maker Ghabbour Auto plans investing $281mn in Egyptian market
Egyptian automotives maker Ghabbour Auto Group (GB Auto) intends to injects new investments worth 2.5 billion…
Tumi shareholders back Samsonite acquisition plan
Luggage maker Tumi Holdings Inc's (TUMI.N) said its shareholders have backed Samsonite International S.A.'s…
Dairy maker Juhayna signs $1.7mn-deal with Fawry on e-payment services
Egyptian dairy maker Juhayna for Food Industries signed a cooperation protocol with electronic payment platform…
Egypt’s Juhayna to manufacture European dairy maker Arla Foods products in Q4
Egyptian dairy maker Juhayna for Food Industries plans to start manufacturing some products of European leader in…
Merkel leaves door open to German counter-bid for Kuka
German Chancellor Angela Merkel signaled on Monday that she would not try to prevent a Chinese takeover of German…
Siemens CEO says not interested in robot maker Kuka
Siemens has no interest in becoming a white knight for German robot maker Kuka, which is the target of a 4.5…
French firm to establish car assembly factory in Egypt
A French auto maker plans to establish car assembly factory in the Egyptian market within the upcoming period,…
Egyptian leading dairy maker Juhayna eyes $76mn-sales in Ramadan
Egyptian leading dairy maker Juhayna Food Industries plans achieving sales of 674 million Egyptian pounds (US$75.8…
Dairy maker Domty to inject $67.6mn investments in Egypt until 2017
Egyptian dairy maker Arabian Food Industries Company (Domty) plans to pump investments of 500-600 million Egyptian…
Pfizer approaches Medivation about potential takeover
Pfizer Inc (PFE.N) has approached U.S. cancer drug maker Medivation Inc (MDVN.O) to express interest in an…
Oracle to acquire utility software maker Opower
Oracle Corp will buy Opower Inc, a maker of software for utilities, for about $548 million in cash. The offer of…
Singaporeans will be able to ride driverless pods before 2017
Before the year is up, Singaporeans could be hopping on these driverless pod vehicles to get to school and work.…
Egyptian Dairy Maker Domty annual profits skyrocket 355%
The net profits of Egyptian dairy maker Arab Food Industries Company (Domty) rose by 355.4 percent during the…