Samsung Electronics to invest more than $1 billion in U.S. chip factory
Samsung Electronics Co Ltd said on Tuesday it planned to invest more than $1 billion by the end of June 2017 to…
Browsing Tag
production
Oil lingers around $50 over doubts OPEC can coordinate output cut
Oil prices were stable on Thursday, lingering around $50 a barrel, as doubts over OPEC's ability to organize a…
Oil prices dip on OPEC squabbles ahead of planned production cut
Oil prices dipped on Tuesday as disagreement flared within producer cartel OPEC on who should cut how much…
Egypt limits area for rice cultivation in 2017 to preserve water
Egyptwill decrease land area used for rice production in the 2017 season with a decrease of 34.6 percent, according…
Iraq parliament bans alcohol in a ‘surprise’ move
Parliament in Iraq has voted to ban the sale, import and production of alcohol, with backers of the move arguing…
Egypt produces 4.8m T of steel in eight months
Egypt's total production of steel reached 4.801 million tonnes during the first eight months of 2016 versus 4.750…
Apple stock hits highest since December on Samsung Note 7 crisis
Apple Inc's stock on Monday jumped 2.3 percent, reaching a high not seen since December, after rival Samsung…
Samsung ‘pauses Note 7 production’, say media reports
Smartphone giant Samsung has reportedly stopped production of its Note 7 phone amid claims that replacement devices…
Egyptian foodmaker Edita says receives Arab Bank’s two medium term loans
Egyptian foodmaker Edita has announced on Wednesday that it received two medium term loans from Arab Bank totalling…
Gold production from Sukari Mine rises 41%: Centamin Egypt
Gold mining company Centamin Egypt announced Wednesday preliminary production results for the third quarter of 2016…
