Credit Agricole Egypt Q1 net rises 8 pct
CAIRO: Credit Agricole Egypt said first quarter net profit rose 8.1 percent from a year earlier to LE 108 million ($19.27 million), which was at the high range of analyst…
Egypt's Maridive Q1 net profit drops 34.3 percent
CAIRO: Egypt's Maridive, the biggest oil services firm by fleet size in the Middle East, posted a first-quarter net profit of $15.4 million, down 34.3 percent from a year earlier,…
Egypt 182-day, 91-day T-bills average yield falls
CAIRO: The average yield on Egyptian 182-day Treasury bills fell to 10.177 percent at an auction on Sunday from 10.306 percent at last auction on May 2. The central bank…
Egypt's Alcotexa sells 938 tons of cotton in past week
CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 938 tons of cotton in the week that ended May 15, an Alcotexa official told Reuters on Sunday. The sales…
Egypt's Misr Beni Suef Q1 net profit falls to $19 mln
CAIRO: Egypt's Misr Beni Suef Cement posted a 1.2 percent fall in net profit to LE 106.1 million ($19 million) for the first quarter of 2010, the stock exchange said…
Citadel Capital's net loss grows to $6 mln
CAIRO: Citadel Capital's consolidated net loss for the first quarter of 2010 grew to LE 33.7 million ($6 million) from 6.2 million pounds in the year-earlier period, the bourse said…
Egypt trade deficit shrinks in 9 months to March
CAIRO: Egypt's current account deficit narrowed to $2.61 billion in the nine months to end-March from $3.43 billion year earlier, the central bank said on Sunday. Direct investment into Egypt…
Gaza-Egypt border post opens for three days, says Hamas
GAZA CITY: An Egyptian border post at Rafah in southern Gaza was opened on Saturday for the first time in 10 weeks, the Islamist movement Hamas which controls the blockaded…
Sudanese migrant killed on Egypt border
RAFAH: Egyptian security and health officials say border guards have fatally shot a Sudanese migrant from Darfur trying to cross illegally into Israel. The officials say the guards fired warning…
Peace or poison
HAIFA: Contrary to the hopes of many, the end of the Second World War and the shock of the Nazi atrocities did not mean the end of war and genocide.…
