Qalaa Holding logs EGP 311.7m losses in Q3 on high interest expenses
Company revenues up 38% on account of strong growth from energy subsidiaries
Custom dollar exchange rate fixed for January
Finance ministry said rate will be steady at 16 pounds
New partnership between Shell Egypt, Al-Mansour Automotive
Al-Mansour Automotive—official distributor of Chevrolet and Opel vehicles in Egypt—signed a partnership…
Property price hikes revive participatory construction initiatives
In the last two years, a number of initiatives have been launched…
SEA-ME-WE 3 marine cable to go back online on 9 January 2018
The South East Asia–Middle East–Western Europe 3 (SEA-ME-WE 3) cable system between…
NBE aims to increase size of SME portfolio to EGP 100bn within 3 years
The bank offered SME loans worth about EGP 37.5bn to 55,000 customers
Government seeks to use surplus electricity in construction, operation of desalination plants
Government negotiates with 5 companies, notably Schneider Electric, Siemens AG, for project…
New healthcare law to positively impact Eastern Company profitability: report
Pharos expects company's revenues to surge 13% in FY 2017/2018
12.5% ICT sector growth rate in FY 2016/2017
The information and communications technology (ICT) sector achieved a growth rate of…
Clarksons Shipping negotiates with 2 companies to establish ship fuel supply worth $200m
We are studying establishment of navigation company with government to build modern…
