‘Trial of the century’ postponed
Court postpones Mubarak incitement case to 10 May to complete hearing case for one of the defendants
First IPOs summit sheds light on companies’ listings in stock market
In 2013, a total of nine companies were listed amounting to EGP 0.2bn
Government adopts national project to develop desert villages
Project aims at reconstructing villages surrounded by desert to make them more suitable for habitation
Gulf Arabs free fuel for Egypt reaches $6bn in value
The aid helps reduce the heavy costs of government fuel subsidies and the drain on foreign exchange reserves.
Chairman of the Chamber of Goods and Antiquities: $1.5bn loss in activity during 2013
The Ministry of Antiquities halted the completion of an exhaustive restoration of archaeological sanctuaries due to a lack of financing and a proliferation of street vendors over the past three…
Telecom Egypt agrees to pay EGP 2.5bn for mobile licence
Reuters - Fixed line monopoly operator Telecom Egypt’s board of directors agreed to pay EGP 2.5bn ($356.76m) for a mobile licence, the firm said in a statement on Monday. The…
Deadly battles rage on fringe of east Ukraine town
One Ukrainian military commander said the shooting involved automatic small arms and heavy weaponry, believed to be from armoured vehicles the rebels captured last month as well as other big-calibre…
Palm Hills in talks over $342.m loan
Reuters - Egypt's Palm Hills said it is in talks with the Arab African Bank over a EGP 2.4bn ($342.49 million) loan which it will use to finance projects and…
Petroleum ministry prepares bourse listing of new petrochemicals companies
By Muhammad Adel After amending the listing rules of companies in the Egyptian stock exchange, the Ministry of Petroleum is preparing an initial public offering (IPO) of new petrochemicals companies,…