Arab Contractors net profits down 33.3% year on year
Net profits register EGP 336m in FY 2012/2013, compared to EGP 505m in the preceding fiscal year
UAE’s ADCB to price $750m 5-year bond
Reuters - Abu Dhabi Commercial Bank has set final terms for a $750m five-year bond which will price on Monday, a document from lead arrangers said, as demand among international…
Fahmy looks to strengthen Africa economic and trade ties
Minister of Foreign Affairs to present proposals for deeper economic cooperation in Africa
Egyptian Pound inches up on official market, weakens slightly on black market
Reuters – The Egyptian pound strengthened slightly at a central bank foreign currency sale on Monday. On the black market the pound weakened slightly and traders said news that the…
Dubai’s Arabtec in talks to buy Kuwaiti firm
Reuters - Arabtec Holding, Dubai’s largest listed construction firm, is in the advanced stages of talks to fully acquire a construction company in Kuwait’s Kharafi Group, two sources aware of…
Ministry of Transportation to spend EGP 67m to dredge Damietta Port
The project will allow the port to accommodate giant ships and will be completed by June, Minister of Transportation says
Saudi Aujan Coca-Cola plans $100m factory in Egypt
Egypt’s army-backed government is trying to attract foreign money back into the country and create jobs to ease social discontent as it manages the biggest Arab nation’s difficult transition to…
‘Zero tolerance for any form of dissent’: HRW
Human Rights Watch, Reporters Without Borders criticise limits on free expression
Court restores ministry-affiliated security to university campus
Verdict described by AFTE Student Observatory researcher as “worthless”
Workers strikes continue despite Cabinet criticism
Socialist Popular Alliance party maps the strikes and proposes solutions
