Home
Loading...
You are here:  Home  >  Articles by Sara Aggour
Latest

Suez Cement seeks to increase production capacity by 15%

  /  May 23, 2015  /  Business  /  No Comments

Italcementi’s CEO said in March the company is focusing on diversifying energy sources

Read More →
Latest

Lower production in Egypt pushes OCI NV’s total production down

  /  May 20, 2015  /  Business  /  No Comments

Company says gas shortages have resulted in significant decline

Read More →
Latest

Egypt encourages foreigners to visit ancestors’ WWII graves

  /  May 20, 2015  /  Business, Tourism  /  No Comments

Project is expected to attract 1m tourists during coming years

Read More →
Latest

Moody’s upgrades CR assessments for 5 Egyptian banks

  /  May 19, 2015  /  Business  /  No Comments

On 15 May, Standard and Poor’s revised its outlook on Egypt, raising it from stable to positive

Read More →
Latest

EGX plans lowering listing fees

  /  May 19, 2015  /  Business, Economy  /  No Comments

EGX chairman says it is to maintain capital market’s competitiveness

Read More →
Latest

EFG Hermes registers EGP 136m net profits in Q1 2015

  /  May 13, 2015  /  Business  /  No Comments

Operating revenues increased by 7% YoY during the same quarter

Read More →
Latest

Investments targeted using Google Maps

  /  May 13, 2015  /  Business  /  No Comments

A new website launched on Saturday seeks to reopen closed facilities and attract skilled labour

Read More →
Latest

Egyptian e-commerce market to reach $2.7bn by 2020

  /  May 12, 2015  /  Business  /  No Comments

Egypt has most online buyers of any country in the Arab world, with 15.2 million people

Read More →
Latest

UAE provides EGP11bn to finance 50,000 residential properties

  /  May 11, 2015  /  Business  /  No Comments

Project to be finalised by July, according to head of Executive Body for Social Housing

Read More →
Latest

$290m public offering on LSX for IDH concluded

  /  May 10, 2015  /  Politics  /  No Comments

Offering raised total demand in excess of $3.7bn, listing was 11.2 times oversubscribed, EFG Hermes said

Read More →
Latest

Government should follow through on lowering tax promises: Ernst & Young official

  /  May 9, 2015  /  Business  /  No Comments

Days before Economic Summit, the government announced it would unify income taxes at 22.5% for 10 years

Read More →
Latest

Banks can appeal property tax assessment: Finance Ministry

  /  May 9, 2015  /  Business  /  No Comments

Regulations offered to facilitate application of property tax law

Read More →
Latest

Edita’s BOD approves EGP 175m loan

  /  May 6, 2015  /  Business  /  No Comments

Company registers EGP 81m during Q1 2015

Read More →
Latest

Dana Gas produces 37,700 barrels of Egyptian oil daily during Q12015

  /  May 5, 2015  /  Business  /  No Comments

Company pumps $350m for its GPEA project

Read More →
Latest

EGP 960m capital increase for GB Auto to reach EGP 1.094bn

  /  May 5, 2015  /  Business  /  No Comments

Shareholders, purchasers exercised right to participate in EGP 960m capital increase, which will be allocated to investing in tire manufacturing facility

Read More →
Latest

Tabarak Holding to start North Coast project early 2016: Company’s chairman

  /  May 4, 2015  /  interviews  /  No Comments

Increase of land usufruct in Ras Sedr and airport constructed to be discussed in June conference

Read More →
Latest

Arabia Group’s Sinai project implementation expected by end of 2015: Chairman

  /  May 4, 2015  /  Business  /  No Comments

Security issues hinders project’s progress, Tarek Shoukry said

Read More →
Latest

Tabarak Holding targets 2015 profits of EGP 100m

  /  May 3, 2015  /  Business  /  No Comments

Company will have an EGP 600m IPO on the Egyptian stock market

Read More →
Latest

EGP 180bn collected in taxes for first 3 quarters of FY 2014/2015

  /  April 30, 2015  /  Business  /  No Comments

Meeting to take place to determine next step for capital gains tax

Read More →
Latest

EGX-30 drops 1.92%, bourse losses register EGP 8.13bn

  /  April 28, 2015  /  Business  /  No Comments

Total losses of the week recorded EGP 19.5bn so far

Read More →
Latest

Capital market sheds EGP 7bn

  /  April 27, 2015  /  Business  /  No Comments

ICFC announced intention to increase capital from EGP 30m to EGP 45m early Monday

Read More →
Latest

Surplus cement supply stabilises prices for 5th month

  /  April 26, 2015  /  Business  /  No Comments

854,000 tonnes of cement were produced in April, states Minister of Supply

Read More →
Latest

ERBC seeks to diversify products exported to Russia

  /  April 22, 2015  /  Business  /  No Comments

The council is hoping to fix logistical problems faced in exporting products

Read More →
Latest

Egypt’s e-commerce activity expected to double: Souq.com co-founder

  /  April 21, 2015  /  Business  /  No Comments

Egyptians prefer using domestic shopping websites, says MasterCard’s online shopping behaviour report

Read More →
Latest

Edita, Hostess Brands sign $12m contracts

  /  April 20, 2015  /  Business  /  No Comments

To finance the contract, Edita will receive EGP 90m medium-term loan from NBK

Read More →
Latest

HSCB launches EGP300m growth fund for SMEs

  /  April 19, 2015  /  Business  /  No Comments

This is the second growth fund launched by the bank

Read More →
Latest

Visa, ETA seek to promote tourism with fan-made videos

  /  April 18, 2015  /  Business  /  No Comments

Five winners will be selected over a five-week period

Read More →
Latest

IMF raises Egypt’s growth outlook to 4% in 2015

  /  April 15, 2015  /  Business  /  No Comments

Inflation, account deficit rise while unemployment expected to decrease, IMF report revealed.

Read More →
Latest

Heliopolis Company targets EGP 200m profits for FY 2015/2016

  /  April 14, 2015  /  Business  /  No Comments

Company is studying issuing two tenders for four real estate projects

Read More →
Latest

Palm Hills, MNHD sign MoU establishing residential project

  /  April 12, 2015  /  Business  /  No Comments

Project’s revenues will range between EGP 4.6bn to EGP 5.5bn

Read More →