Iraq sends all but Baghdad vote results for ratification
BAGHDAD: The electoral commission has sent results from 17 of Iraq's provinces in its March 7 poll for ratification by the supreme court, with Baghdad the lone exception, an election…
Report on wellbeing of mothers and children ranks Egypt at 57
CAIRO: Egypt ranked 57 in the State of the World’s Mothers index, which compares the wellbeing of mothers and children in 160 countries. In commemoration of Mother’s Day, NGO Save…
Rachid meets executives in chemical, fertilizers industries
Minister of Trade and Industry Rachid Mohamed Rachid met Sunday with officials of the chemical and fertilizers industries sector as part of following up the implementation of a strategy on…
Italcementi targets emerging mkts, Q1 loss widens
Italcementi, the world's No. 5 cement maker, is looking at emerging markets for possible acquisitions as continued weakness in construction activity in mature countries contributed to a wider quarterly loss.…
NBE mulls offering LE 200 mln loan to Mobinil
The National Bank of Egypt (NBE) may give the Egyptian Co. for Mobile Services (Mobinil) a credit facility worth LE 200 million, bringing the lender's total loans granted to the…
Mohieldin calls for more investment on Upper Egypt-Red Sea road
Minister of Investment Mahmoud Mohieldin called for offering more investment projects on the Upper Egypt-Red Sea road as soon as possible. During a tour of the Upper Egyptian city of…
Egypt cbank leaves key interest rates steady
Egypt's central bank kept its key overnight interest rates unchanged on Thursday, a decision that was in line with analysts' forecasts and the bank's fifth pause since it last lowered…
Chambers of commerce elections to be held June 23
CAIRO: Egypt is set to hold elections for chambers of commerce board members nationwide on June 23. A total of 292 candidates are vying for the 193 available seats, and…
Egypt exchange plans new system to boost trade
CAIRO: Egypt plans to introduce a trading system enabling foreign investors to place buy or sell orders for shares on the Cairo exchange more directly to improve liquidity and efficiency,…
PHD sees net income rise 75 pct for quarter one 2010
CAIRO: Egyptian real estate developer Palm Hills Developments posted a 75 increase in net income to reach LE 107.1 million ($19.4 million) for the first quarter of 2010, the firm…
