Suez Cement reports net loss of EGP 291m in Q1 of 2020
Company attributes quarterly loss to weak operating performances on back of plummeting demand
NTRA sets mobile operator outlets’ timings after curfew lifted
The work hours during which outlets can serve customers, came into effect on 28 June, and will run from 9:00 to 21:00. On Fridays, outlets will be open to customers…
AMF prepares launch of international immediate payment service
The new service is the latest part of its "Beni" platform for Arab payments, with several other services set to launch in the coming period.
Egypt reports $2.36bn trade deficit in April: CAPMAS
Decline attributed to decreased value of some commodities, including fertilisers, petroleum products, and assorted edibles
Misr Chemical Industries reports jump in earnings due to COVID-19
The company posted profits of EGP 26m for the two-month period over April and May 2020, compared to the EGP 7m reported in the same two month period of 2019.
Al Mahsamma project wins Best Recycling and Reuse Water Project 2020
Water is human right, essential to work on projects that achieve water security, says El Dahshoury
BP sells petrochemical business to Ineos for $5bn
BP’s petrochemical business is focused on two major operations, aromatics and acetyls. The company has invested in leading technology and preference manufacturing plants for both operations, including a strong presence…
Emirates reopens 4 flight routes increasing network to over 50 cities in July
This will bring its network to 52 destinations in July, offering travellers convenient connections with the world through its Dubai hub. At the same time, the airline will be ensuring…
Edita subsidiary obtains MAD 80m from Arab Bank – Morocco
Company’s Morocco factory will start operations by beginning of 2021, says Shams Eldin
Survival is not a question of choice, unilateral GERD filling would heighten regional tensions: Shoukry to UNSC
Egypt believes agreement on GERD must be legally binding instrument under international law
