El Farasha revives IPO plans in Q3-2019, as it mulls expansion in the Egyptian market

Company to hire advisors to manage offering by year-end

Daily News Egypt

Cement sector profits to rebound next year after another hit in H2-2018: HC Securities report

Negative sentiment around sector oversupply overplayed; local demand to recover soon

Daily News Egypt

Egypt shares to sustain gains as Central Bank leaves interest rates unchanged

EGX 30 rallies 3.8% or 548.9 points, closes at the level of 14,632.40 points

Daily News Egypt

Egypt’s House of Representatives convene on Tuesday, before last term

Presidential term extension tops anticipated laws

Amira El-Fekki

Banque du Caire ready to go public at anytime: chairperson

Full coordination between board of directors of bank, its owner, CBE, Finance Ministry underway to determine appropriate time to float

Hossam Mounir

Bundesliga: Borussia Dortmund's young guns raise hopes, reveal flaws

Borussia Dortmund are unbeaten, top of the table and have just pulled off a sensational comeback against Bayer Leverkusen. DW’s Matt Pearson found that there’s plenty to admire about both…

Deutsche Welle

Elon Musk to resign as Tesla chairman, pay $20 million fine over fraud charges

Tesla CEO Elon Musk will pay a $20 million fine and give up his board chairmanship for misleading tweets about the company. The Securities and Exchange Commission said he knew…

Deutsche Welle

Communication Ministry seeks partnerships with private sector in digital transformation projects

Talaat revealed that the government intends to include small and medium-sized enterprises (SMEs) into the implementation of these projects, especially since 76% of the total jobs which are provided are…

Shaimaa Al-Aees

Kuwaiti Kharafi group considers selling a hotel in Marsa Alam

Kharafi largest investors in tourism sector in Egypt, $2.1bn to establish Marsa Alam Airport

Abdel Razek Al-Shuwekhi

Percentage of older persons in Egypt 6.7%, in 2018: CAPMAS

‘Number of families headed by older persons are 4,542 million, representing 19.4% of total Egyptian families in 2017,’ according to data from general population, housing, enterprise census

Daily News Egypt