Sweden’s Electrolux (ELUXb.ST) said on Monday it would buy General Electric Co’s (GE.N) appliances business for $3.3 …
Electrolux
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Industry & Trade
Electrolux to Pump $500 million in Egypt Once Roadmap Accomplished
by Yomna Yasserby Yomna YasserElectrolux, the world’s No. 2 home appliances maker, is planning new investments amounting to $500 million in …
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European stocks were little changed, with the Stoxx Europe 600 Index heading for a weekly advance, as …
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Electrolux, the world’s No. 2 home appliances maker, said on Monday it had restarted full production in Egypt, …
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Banks
Analysis: With Gulf Aid, Egypt Economy Can Limp Through Crisis
by Yomna Yasserby Yomna YasserEgypt’s political crisis has dealt a blow to any hopes for a quick economic recovery, but aid …
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Industry & Trade
GM, BASF Resume Egypt Ops, Electrolux to Partially Open
by Yomna Yasserby Yomna YasserGeneral Motors and Germany-based chemicals firm BASF reopened facilities in Egypt yesterday, while Electrolux said it would …
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Industry & Trade
Electrolux Confirms Its Presence in Egypt, Halting Is ‘Temporary’
by Yomna Yasserby Yomna YasserHome appliances maker Electrolux said it will resume its strong presence in Egypt as soon as the …
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Industry & Trade
Foreign Companies Close Offices amid Fears of Violence in Egypt
by Yomna Yasserby Yomna YasserForeign companies operating in Egypt have shut factories and closed offices in response to violent clashes between …
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Industry & Trade
Shell Closes Egypt Offices, Curbs Business Travel There
by Yomna Yasserby Yomna YasserEurope’s top oil company Royal Dutch/Shell (RDSa.L) has closed its offices in Egypt for the next few …
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Industry & Trade
Electrolux Halts Production in Egypt on Increasing Unrest
by Yomna Yasserby Yomna YasserHome appliances maker Electrolux said on Thursday it had halted all production in Egypt, where it has …