Egypt’s leading drug manufacturer Pharco Pharmaceuticals, Inc. targets launching new plant for pharmaceutical materials in Borg El …
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Industry & Trade
ElSewedy keeps up feed-in tariff projects despite dispute with Egypt’s Electricity
by Noha Gadby Noha GadEgypt’s leading wire and cable manufacturer El Sewedy Electric is to continue executing the first phase of …
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Industry & Trade
Sharp to review TV licensing deals to boost global presence
by Noha Gadby Noha GadJapanese electronics maker Sharp Corp said Tuesday it will review its TV brand licensing deals overseas in …
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Industry & Trade
U.S. can maker Ball Corporation plans investing more $60mn in Egypt
by Noha Gadby Noha GadU.S. drink can maker Ball Corporation studies pumping new investments worth US$60 million into the Egyptian market …
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Tech news
Xerox profit beats estimates as cost cuts begin to pay off
by Ghada Ismailby Ghada IsmailPrinter and copier maker Xerox Corp reported a higher-than-expected quarterly profit as restructuring efforts ahead of its …
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Industry & Trade
Egyptian home appliance maker Universal eyes $416mn sales by late-2016
by Noha Gadby Noha GadEgyptian home appliances maker Universal for Engineering Industries targets obtaining sales of 3.7 billion Egyptian pounds (US$416.5 …
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Tesla Motors Inc and SolarCity Corp have made progress in putting together a deal that will merge …
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Industry & Trade
Auto maker Ghabbour Auto plans investing $281mn in Egyptian market
by Noha Gadby Noha GadEgyptian automotives maker Ghabbour Auto Group (GB Auto) intends to injects new investments worth 2.5 billion Egyptian …
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Luggage maker Tumi Holdings Inc’s (TUMI.N) said its shareholders have backed Samsonite International S.A.’s (1910.HK) planned acquisition …
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Industry & Trade
Dairy maker Juhayna signs $1.7mn-deal with Fawry on e-payment services
by Noha Gadby Noha GadEgyptian dairy maker Juhayna for Food Industries signed a cooperation protocol with electronic payment platform Fawry to …