Industry News
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Egypt's Qalaa considers sale of food businesses, sees 2015 profit
Qalaa is seeking to raise $300 million through divestments and considering selling Rashidi El-Mizan and Dina Farms.
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Egypt, Kuwait to invest in petrochem projects
Al-Kharafi: The projects will provide great job opportunities which would amount to 28 000 direct and indirect opportunities
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Half projects in Egypt March investment conference to be in energy sector
The government signed many energy deals and plans to scrap crippling subsidies by 2019.
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Egypt cabinet to discuss privatising electricity transmission
With Egypt suffering from an ongoing energy crisis since the uprising in 2011 and parts of the energy grid in need of renovation, privatisation is being considered.
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293,000 cars sold in Egyptian auto market during 2014
We expect to sell 352,000 cars in 2015 with a growth rate of 20%, says Mustafa Hussein.
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France's Hollande says Egypt to buy Rafale fighters, frigate
The contract would be the first overseas for the Rafale.
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Egypt inaugurates $57m factory
L'Oreal executive vice-President: Egypt will become a production hub in the region.
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Sisi, Putin agree to build nuclear power plant in Egypt
President Putin's visit to Egypt witnessed several agreements of cooperation among the two countries.
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Marine Centre International boosts its technical team
Leading Yacht dealer based in Gouna boosts its technical staff to support yacht owners.
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Pioneers tops Lactalis offer for Egypt cheese maker Arab Dairy
Pioneers, which already owns a 16.73 percent stake in Arab Dairy, is seeking to acquire another 60.19 percent of the company.
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Economy needs investments to counter unemployment: Pepsi Regional Manager
Fight to cut domestic debt to 84% during coming years, says Salman.
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Kuwait's Al-Kharafi to establish Mitsubishi plant in Egypt
Al-Kharafi CEO says his company plans to expand its business in Egypt following a meeting with Egyptian premier Ibrahim Mahlab in Kuwait
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Energy Recovery won orders totalling US$ 2 million for two separate projects in France an
The project with Dubai-based water management company, Metito, for a 55 Ml/d desalination plant in Egypt.
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Study: Egyptians lowest on life satisfaction and hope for the future
Pew survey: Egyptians tend to be among the least satisfied with every aspect of life asked about.
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Samsung Electronics Honored with 80 Awards at CES 2015
Best of Innovation and 31 Home Entertainment Honorees reflect Samsung’s achievements in industry-leading design and technology innovation across categories.
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Egyptian Minister of Transport to pay official visit to Cyprus
Ministers will discuss ferry connection between Cyprus and Egypt.
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Obourland Cheese Company to launch 2 factories with EGP 100m investments
Egyptian market is very promising, and is biggest global white cheese market, says Tetra Pak MD.
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Agreement signed converting 2,000 cars to run on natural gas
210,000 cars running on natural gas, 180 supply stations and 74 conversion centers created between 2012 and 2014.
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Federation of Egyptian Industries submits proposal amending automotive sector taxation
The proposal includes reassessing the sales tax on local and imported cars to boost domestic products
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U.A.E. Says Egypt Subsidy Cut ‘First Step’ in Broader Strategy
Egypt raising fuel prices is the “first step” in a broader strategy to reduce subsidies and budget deficit