China’s TEDA corporation, COSCO shipping company, and Suez Canal Economic Zone (SCZone) signed on Tuesday an agreement …
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U.S. President-elect Donald Trump said on Friday his administration would build “safe zones” to try to help …
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Toyota Motor Corp said it aims to develop a more advanced electric-car battery “in a few years” …
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Tech news
Capital Group Properties signs MoU to establish a smart city in Cairo
by Ghada Ismailby Ghada IsmailEgypt-based innovative community developer Capital Group Properties (CGP) announced Tuesday signing a memorandum of understanding (MoU) with …
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Industry & Trade
Egypt’s Al Nouran to build largest sugar plant in MENA worth $360M
by Noha Gadby Noha GadEgypt-based Al Nouran Sugar (ANS) is set to build largest sugar plant in the Middle East and …
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Real Estate
Palmier Real Estate to build $9m tourist resort in Egypt’s Matrouh
by Noha Gadby Noha GadPalmier Real Estate Investment and Project Management intends to launch a tourist resort in Marsa Matrouh located …
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Tech news
MCIT receives 5 requests to establish electronics factories in new technology parks
by Ghada Ismailby Ghada IsmailFive companies have submitted requests to Minister of Communications, Yasser El-Kady, to obtain land in order to …
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Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official U.S. stockpile …
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Honda Motor Co (7267.T) plans to build a new factory in China that will produce passenger cars …
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Industry & Trade
Egypt’s Assiut Oil Refining to build new refinery with $350mn
by Noha Gadby Noha GadAssiut Oil Refining Company-ASORC is planning to establish new refining unit with investments worth more than US$350 …