International oil price reduction to save cash for Egypt’s budget: Economy professor
Crude oil prices have slumped to lowest level in five years due…
Qalaa reduces losses by 67% to EGP 59.6m in Q3 2014
Investment company seeking shift to profitability in 2016, expects to reduce debt…
Insurance sector assets currently valued at EGP 55bn: EFSA
The insurance sector contributed EGP 48.5bn to the national economy during the…
Doubts raised over Kellogg’s bid for BiscoMisr shares
Kellogg’s EGP 940m bid for 51% of company awaiting response from Financial…
50 Italian companies to hold investment talks in Egypt in February: Italian ambassador
Embassy preparing logistics investment meeting in Alexandria during December with Italian and…
$1.1bn decrease in foreign reserves from October to November: CBE
Decline mainly due to the repayment of accrued deposits to Qatar, claims…
Government delivered only 57 units from its 1m residential-unit project: EIPR study
Allocation for the project in FY 2014/15 state budget amounts to EGP…
Kellogg’s offers EGP 945m for 51% of BiscoMisr
US-based frim will develop the company and launch its products on international…
Technoment to begin construction of Aswan fertiliser factory by end of 2014
Italian firm will also partner with KIMA to upgrade facilities to work…
New licences will not boost steel and cement production due to energy shortages: manufacturers
Energy supply does not match targeted output, claims steel and cement companies