Industry & Trade Egypt’s Juhayna to manufacture European dairy maker Arla Foods products in Q4 Noha Gad Jun 21, 2016 0 Egyptian dairy maker Juhayna for Food Industries plans to start manufacturing some products of European leader in…
International News Merkel leaves door open to German counter-bid for Kuka Noha Gad Jun 13, 2016 0 German Chancellor Angela Merkel signaled on Monday that she would not try to prevent a Chinese takeover of German…
Tech news Siemens CEO says not interested in robot maker Kuka Ghada Ismail Jun 13, 2016 0 Siemens has no interest in becoming a white knight for German robot maker Kuka, which is the target of a 4.5…
Industry & Trade French firm to establish car assembly factory in Egypt Noha Gad Jun 12, 2016 0 A French auto maker plans to establish car assembly factory in the Egyptian market within the upcoming period,…
Industry & Trade Egyptian leading dairy maker Juhayna eyes $76mn-sales in Ramadan Noha Gad Jun 6, 2016 0 Egyptian leading dairy maker Juhayna Food Industries plans achieving sales of 674 million Egyptian pounds (US$75.8…
Industry & Trade Dairy maker Domty to inject $67.6mn investments in Egypt until 2017 Noha Gad May 11, 2016 0 Egyptian dairy maker Arabian Food Industries Company (Domty) plans to pump investments of 500-600 million Egyptian…
Industry & Trade Pfizer approaches Medivation about potential takeover Noha Gad May 4, 2016 0 Pfizer Inc (PFE.N) has approached U.S. cancer drug maker Medivation Inc (MDVN.O) to express interest in an…
Tech news Oracle to acquire utility software maker Opower Ghada Ismail May 3, 2016 0 Oracle Corp will buy Opower Inc, a maker of software for utilities, for about $548 million in cash. The offer of…
Tech news Singaporeans will be able to ride driverless pods before 2017 Ghada Ismail Apr 21, 2016 0 Before the year is up, Singaporeans could be hopping on these driverless pod vehicles to get to school and work.…
Industry & Trade Egyptian Dairy Maker Domty annual profits skyrocket 355% Noha Gad Mar 30, 2016 0 The net profits of Egyptian dairy maker Arab Food Industries Company (Domty) rose by 355.4 percent during the…