Content about Egypt

January 16, 2012

Investment holding company Foulath has established its position as one of the most comprehensive steel producers in the Middle East, and has developed a unique business model that it is now transferring to Egypt and Oman.

Since its inauguration in 2008, investment holding company Foulath has established its position as one of the most comprehensive steel producers in the Middle East, and has developed a unique business model that it is now transferring to Egypt and Oman. Ben Sansom reports.

When the Gulf United Steel Holding Company, Foulath, was formed in Bahrain in June 2008 its aim was to strengthen and develop the steel industry in the Gulf Cooperation Council (GCC) countries and to create stability and security of supply of steel products to the construction industry.

December 22, 2011

ECG Engineering Consultants Group S.A. is a group of highly qualified consultants whose expertise in large and complex projects covers all major disciplines of design and construction management/supervision.

ECG Engineering Consultants Group S.A. is a group of highly qualified consultants whose expertise in large and complex projects covers all major disciplines of design and construction management/supervision and lies behind some truly outstanding building throughout the Middle East and beyond.

 

November 25, 2011

Switzerland-based food and confectionary company Nestlé is investing some $160 million into its manufacturing, distribution and skills base in Egypt.

The Arab Spring has been a time of both excitement and uncertainty for many companies operating in the Middle East. Despite this, Switzerland-based food and confectionary company Nestlé is investing some $160 million into its manufacturing, distribution and skills base in Egypt, and progressing a new initiative to promote nutrition education among children.

 

November 8, 2011

German manufacturing group RKW has started production at its first plant in Egypt, it has been announced.

German manufacturing group RKW has started production at its first plant in Egypt, it has been announced.

The new plant, RKW Egypt, was built in less than 16 months and will be officially inaugurated on Thursday.

RKW invested more than $30 million in the manufacturing building, warehouse and administrative offices on 20,000 square metres of land in 6th October City, 35 kilometres south-west of Cairo.

October 11, 2011

Yousif Mirjan, managing director of Dubai-based marble contractor, Dar Al Rokham, talks to Gay Sutton about creating the architectural heritage of the future, and expansion beyond the Middle East.

Yousif Mirjan, managing director of Dubai-based marble contractor, Dar Al Rokham, talks to Gay Sutton about creating the architectural heritage of the future, and expansion beyond the Middle East.

 

June 27, 2011

There’s work to be done in Africa, the Middle East and—following the lead it took in the movement that is being called Arab Spring—in Egypt itself. Eng Hisham el Kheshen, CEO of Samcrete Development, and Yahia Adly, business development director of Samcrete Investments, tell John O’Hanlon how the group is ready to do its part.

There’s work to be done in Africa, the Middle East and—following the lead it took in the movement that is being called Arab Spring—in Egypt itself. Eng Hisham el Kheshen, CEO of Samcrete Development, and Yahia Adly, business development director of Samcrete Investments, tell John O’Hanlon how the group is ready to do its part.

 

March 21, 2011

Many overseas workers have suddenly found themsleves caught up in the aftermath of the Japanese earthquake, or political turmoil in the Middle East. Here's some good advice.

There are 2.2 million foreigners, including a good number of Americans, currently living and working in Japan and all of them should have an exit strategy, according to Going Global, a leading provider of country-specific employment information.

January 31, 2011

Construction work across the Middle East has created a wealth of opportunity for consultancy firms that can deliver diversity in engineering, as Andrew Pelis finds out.

Construction work across the Middle East has created a wealth of opportunity for consultancy firms that can deliver diversity in engineering. Ashraf Khalil, vice president and head of the Business Development Division at ECG Engineering Consultants Group, tells Andrew Pelis how the company has grown across a changing landscape for the past 41 years.

 

 

January 31, 2011

Polaris International Industrial Parks looks set to become an historic project that will cement economic relations between Turkey and Egypt. Osman Arikan, general manager, and Elif Gurpinar, corporate communications director, talk to Jayne Alverca.

Polaris International Industrial Parks looks set to become an historic project that will cement economic relations between Turkey and Egypt. Osman Arikan, general manager, and Elif Gurpinar, corporate communications director, talk to Jayne Alverca.

 

 

 

 

October 6, 2010

Russian telecom giant Vimpelcom and Egypt’s Weather Investments have agreed to merge their assets, it has been announced.

Russian telecom giant Vimpelcom and Egypt’s Weather Investments have agreed to merge their assets, it has been announced.

The deal, worth $6.6 billion (£4.2 billion), will create the world’s fifth-largest mobile phone company, with combined subscriptions of more than 174 million. It will also give Vimpelcom, which has operations in many former Soviet republics, access to new markets in Africa and the Middle East.

The new company will operate in 20 countries in Europe, Asia and Africa.

August 31, 2010

Egypt’s retail scene has barely changed in decades; but that hasn’t stopped Procter & Gamble from trying to help modernise from within, as Alan Swaby learns.

Egypt’s retail scene has barely changed in decades; but that hasn’t stopped Procter & Gamble from trying to help modernise from within, as Alan Swaby learns.

 

 

 

 

 

 

August 18, 2010

Edinburgh-based Melrose Resources has said that the opening of new fields in Bulgaria will boost the company’s production by 7,500 barrels of oil equivalent per day.

Edinburgh-based Melrose Resources has said that the opening of new fields in Bulgaria will boost the company’s production by 7,500 barrels of oil equivalent per day.

The first of two Bulgarian fields—Kavarna—is expected to begin production in September. Kavarna and Kaliakra are both being developed as single well subsea tiebacks to the Melrose-operated Galata field platform. Kaliakra will follow, beginning production in October.

April 1, 2010

Hidden talents
A strategic decision to widen its operational scope has unearthed new mining opportunities for one company, as Jeff Daniels learns.
It takes a certain type of person to leave terra firma and choose a career in the navy. And the qualities suited for roaming the oceans of the world are as different again when it comes to choosing to go below the surface and become a submariner. 

April 1, 2010

Training to gain
Subsea construction and engineering company Technip Norway provides essential infrastructure services to customers working in some of the world’s most challenging environments. Ruari McCallion reports.
French engineering company Technip, headquartered in Paris, employs more than 23,000 people across the world and generates an annual turnover in excess of €7 billion. The Technip Group’s main office in Norway is in Sandvika, a few kilometres west of Oslo, with additional facilities in Orkanger, Haugesund and Stavanger. As the leading subsea engineering contractor on the Norwegian continental shelf, Technip Norway employs around 370 people and generated revenues in excess of €400 million in 2009.

September 30, 2009

From berth to maturity
Ajwa Port Services is investing 200 million Saudi riyal in a programme of expansion at the port of Yanbu on the Red Sea. Saleh Al Fadhli talks to Gay Sutton about the company’s plans to become a major regional port services player.
The port of Yanbu occupies a strategic position on the Saudi Arabian shores of the Red Sea, some 300 kilometres north of Jeddah and 550 kilometres south of the Gulf of Suez. The port has a fascinating history dating back at least 2,500 years to a time when it was a staging point on the spice and incense route from Yemen to Egypt and the Mediterranean. But the real promise of Yanbu lies in the modern day, with growing industrialisation, the export of oil and the discovery of key minerals in the region.

July 1, 2009

Sensitive situation
A move from North America to North Africa changed the fortunes of oil and gas exploration company Dana Gas Egypt (DGE)—formally acknowledged as Centurion Petroleum Corporation—but created a few headaches in the process, as Alan Swaby learns.
Centurion, the exploration and development arm of Dana Gas PSJC, has its roots in Canada, where Centurion was established in 1997 by the merger of two small oil exploration companies. Listed on the Toronto Stock Exchange, it had properties in Argentina and Canada. A change of senior management with knowledge of North Africa, its geology, culture and policies made the strategic decision to switch focus there. North and South American assets were sold and new assets were acquired in Tunisia. Shortly afterwards, Centurion bought some of Marathon’s assets and started work in Egypt. Later, in 2007, Centurion became wholly owned by Dana Gas, the UAE based company.