B Investments’ net profit records 50% increase in 9M18

Results revealed that company achieved net income margin of 79%

Daily News Egypt

Egypt’s unemployment rate increases to 10% in Q3 2018: CAPMAS

Agency said labour force estimated at 29.215 million individuals

Daily News Egypt

Indorama acquires 74% stake in Medco Plast

MEG and Samaha family, which are the primary shareholders, will retain 16% and 10% shares in Medco Plast respectively.

Daily News Egypt

Egypt sends its notes about electric connection studies with Cyprus to Euro Africa

Slowness of Indian L&T postpones completion of connection studies with Sudan for month

Mohamed Farag

Egyptian exports down by 12.2% in August: CAPMAS

Trade deficit scored $3.95bn

Daily News Egypt

IFC, Omni Bridgeway to create first NPL resolution platform

The centre, in which IFC has taken a minority interest, targets to invest in, manage, and resolve up to $1bn of NPLs and associated legal disputes.

Shaimaa Al-Aees

US embassy, Injaz Egypt launch ‘Startup Egypt 2019’

Project aims to support Egypt’s private sector growth

Hagar Omran

Dana Gas production in Egypt fell by 5,100 barrels of oil equivalent

First deep sea well to be drilled in sector 6 early next year

Mohamed Adel

Military court postpones verdict in ‘Al-Sisi assassination’ case

Defendants accused of attempting to assassinate president during visit to Saudi Arabia

Daily News Egypt

Palestinian factions, Israel agree to ceasefire, Liberman resigns protesting deal

Egypt expresses concerns over situation of Palestinian occupied territories

Mohammed El-Said