Japan’s exports fell sharply in April and manufacturing activity suffered the fastest contraction since Prime Minister Shinzo …
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manufacturing
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Industry & Trade
Saudi Arabia’s Savola: Egypt investments record $800 million
by Ghada Ismailby Ghada IsmailSaudi Arabia-based Savola Group’s total investments in Egypt currently exceed $800 million, its chief executive Rayan Fayez …
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Industry & Trade
Italian Rovatti Pompe to manufacture $3-pumps for Egypt’s sewage projects
by Noha Gadby Noha GadThe Egyptian-German Allweiler-Farid Pumps company has signed joint contract with Italy’s Rovatti Pompe to manufacture sewage pumps. …
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National Bank of Egypt (NBE), the country’s largest state bank, has granted funds of 300 million Egyptian …
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forex news
Oil rises as lower output tightens market, outweighs weak China data
by Noha Gadby Noha GadOil prices rose over 1 percent on Tuesday, shrugging off a slump in China’s manufacturing sector that …
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Oil prices surged during the start of 2016 trading as relations between top crude producers Saudi Arabia …
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Egyptian President Abdel Fattah al-Sisi has launched two initiatives during the 19th round The of the International …
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Industry & Trade
Toshiba to terminate TV production, shrink staff, sell assembly plants overseas
by aya salahby aya salahToshiba Corp. is planning to withdraw from TV manufacturing by selling its factories abroad, a source stated …
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The U.S. dollar edged back toward multi-month highs on Wednesday, taking back some ground lost when bulls …
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International News
China’s October factory, services surveys show economy still wobbly
by aya salahby aya salahActivity in China’s manufacturing sector unexpectedly contracted in October for a third straight month, an official survey …