WHO declares swine flu pandemic is over
GENEVA: The World Health Organization on Tuesday announced the end of the swine flu pandemic, more than a year after the disease began spreading around the world, sparking panic and…
Year-long disappearance of student must be investigated, say NGOs
CAIRO: Two NGOs are demanding that an immediate inquiry be launched into the disappearance of a university student who has been missing for over a year. The Association for Human…
Egyptian Refining Company gets $2.6 billion loan for Mostorod oil plant
The Egyptian Refining Company (ERC) received $2.6 billion in loans to finance the second phase of its oil refinery in Mostorod, the company said in a statement. The total cost…
Hermes keeps Lecico’s fair value at LE 17.3
EFG-Hermes issued a report on Lecico Egypt, maintaining the stock's fair value at LE 17.3; 22 percent higher than its market price of LE 14.2. The investment bank also reaffirmed…
Egypt’s Ezz leaves HRC price same for August bookings
Egypt’s largest steel producer Ezz Steel has not changed its hot rolled coil price for August. Steel Business Briefing is informed by a company spokesperson that the price remains at…
Suez canal revenue in July advances 6 pct
Egypt said revenue from the Suez Canal rose 6 percent in July. Receipts advanced to $406.2 million from $382.9 million a year earlier, according to data published today on the…
Egypt’s Juhayna H1 net more than triples
Dairy and juice maker Juhayna Food Industries, which debuted on Egypt's stock exchange in June, more than tripled first-half net profit, the exchange said on Tuesday. The firm, which carried…
Egypt court to rule in Madinaty case on Sept. 14
Egypt's High Administrative Court delayed a ruling on the appeal of Talaat Moustafa Group's (TMG) Madinaty land deal case until Sept. 14, the presiding judge said on Tuesday. A lower…
SD, Egypt to cooperate on energy
Swaziland and Egypt signed a memorandum of understanding (MoU) to promote cooperation and exchange of expertise in the energy industry, reported The Swazi Observer. Egypt’s Minister of Electricity and Energy…
Ministries announce new system to monitor the use of agricultural pesticides
CAIRO: The Ministry of Trade and Industry and the Ministry of Agriculture reached an agreement Sunday on starting a new, comprehensive system for monitoring pesticide residues in Egyptian agricultural products.…
