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The Suez Canal blockage caused by the Taiwanese container vessel Ever Given is threatening to delay some of Vietnamese exports and imports. The longer it lasts the more losses Vietnamese seafood exporters would suffer since they are the one in charge of…
The partnership grants Airtel the right to use fiber pairs of MENA Cable from Egypt to India with access to Saudi Arabia and Oman, and other fiber pairs from Egypt towards Italy. It also extends beyond MENA Cable, where Airtel will get the right to use a…
Mercedes-Benz and the Egyptian government have signed a Memorandum of Understanding to locally assemble the company’s passenger cars in the country. This is the result of successful discussions with the Egyptian government. This planned commitment is set to…
First-quarter H&M sales have exceeded expectations, with the company improving both profit and margin, proof that the fast-fashion company’s turnaround strategy is working. H&M sales rose by 42 per cent in India and 16 per cent in China, in local currencies.…
Aidijuma Colors Group of Companies — which owns the popular Malaysian ‘Bawal’ hijab range under the Aidijuma label — together with its modest wear e-commerce site Hijup have acquired a majority stake in UK-based modest fashion and e-commerce company Haute…
Indonesia’s Ambassador to Egypt, Helmy Fauzy, said that some 30 percent of the coffee in Egypt comes from Indonesia, which is the leading coffee importer in Egypt. “This is the reason we bring potential investors from Egypt to Gorontalo, to meet the coffee…
China Telecom has reportedly expressed an interest in expanding into Egypt through the acquisition of a 4G license in the market. The operator, along with Saudi Telecom Company, have been in contact with the communications ministry regarding potentially…
