Multinational companies News
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The significance of Indian PM Modi’s visit to Egypt
The visit also marked the invitation extended by PM Modi for Egypt's participation in the upcoming G20 meetings in New Delhi.
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Russia, Egypt talk establishing ‘Sun City’ industrial zone over 2,000 hectares worth US$4.6 bn
The UAE President Sheikh Mohammed bin Zayed proposed tripartite cooperation between Russia, Egypt and the UAE.
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GAFI calls for general assembly meeting of Pepsi Egypt in May
The first company carries out manufacturing operations, while the second company specializes in distribution operations.
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Unilever: Our products are completely manufactured in Egypt
What some newspapers and news websites circulated about stopping the company's exports to the Egyptian market is not true.
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Suez Canal records highest revenue ever
In 2021, the Suez Canal recorded revenues of $6.3 billion, this represents an increase of 12.8% compared to 2020.
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Egypt's first 100% recycled plastics bottle from Nestle Egypt
Nestlé Pure Life has launched Egypt’s first water bottles made of 100% recycled plastics (rPET) in its 1.5 liters format.
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French train manufacturer Alstom seeks to increase business in Egypt, chairman tells Sisi
Company chairman Henri Poupart-Lafarge met with President Sisi in Cairo on Monday.
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IKEA to open permanent branch in Egypt by March 2021
Sweden’s furniture brand is expected to open a new and permanent mega store in Cairo's 6th of October City.
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PepsiCo expands in Egyptian market, seeks to expand in North Africa
The company's activities are focused on the manufacture and export of crackers and soft drinks.
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Nestle eyes Egypt growth despite dollar squeeze
Despite the turmoil in Egypt Nestle has expanded, opening a chocolate factory in mid-2014 and doubling its employees to 6,500.
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Egypt ready to sign contracts
On the project for the development of the Suez Canal area, the minister said that it was "one of the large opportunities that Egypt offers".
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Sisi to inaugurate Egypt Economic Development Conference Friday
Prime Minister Ibrahim Mahlab will hold a press conference Friday afternoon to demonstrate the timeline and activities of the conference.
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Procter & Gamble optimistic over Egypt's economic recovery
The company is optimistic about returning to pre-revolution economic growth in 3 years