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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Schneider Electric partners with Hewlett Packard in Egypt

    • The new alliance enables Schneider Electric to foray into new markets, sectors

    • The alliance targets corporations and professionals in system integration, data centers and the technology sector

     

    Schneider Electric, a global leader in energy management and automation has entered into an alliance with Hewlett Packard Enterprise (HPE), with an aim to provide their customers in Egypt with a wide range of products specifically designed to meet the needs of corporations and engineers in system integration, data centers, and information technology.

    The  alliance will also enable Schneider Electric to foray into new markets and sectors, including telecom service providers, banking and retail.

    Ramy Mostafa, vice president of Projects and Information Technology for Schneider Electric Egypt, North Africa and the Levant, said that “the primary goal of the two companies is to serve customers and fulfill their aspirations, in a manner that is in the best interest of all relevant parties”.

    Mohamed Wasfy, Country Manager at Hewlett Packard Enterprise Egypt said that the alliance would satisfy “growing customers’ need for innovative solutions that contribute to enhancing business efficiency and reducing operational costs.”

    Schneider Electric has recently announced an expansion of the EcoStruxure Micro Data Center C-Series with the new 43U, offering the  capacity in the company’s commercial and office line of micro data centers.