Arabian Cement shares jump EGP 10.39 on first day of trading on EGX
CEO says IPO primarily aims to allow exit of investors, and can…
Ministry of Tourism considering payment of $7 development fee on behalf of tourism companies
This led the ministry to study the option of paying for the…
Bank of America expects continued EGP depreciation
EGP value against dollar slumps after CBE’s foreign exchange auction to record…
EU funds textile sector development
Ted Med Cluster project, funded by European Union, aims to “attracts investments,…
Citadel Capital’s assets surge to EGP 30bn
The firm said in January it expects to make asset purchases with…
Steel mills halt production 8 hours per day due to electricity outages: Suez Steel chairman
Steel plants say they suffer from energy shortages, and despite working at…
Suez Canal Authority consults investment banks in financing development project
Authority plans to obtain funding through stock market IPO, says media spokesperson
L’azurde to establish third factory in Egypt: Egyptian-Saudi Business Association
L'Azurde will open its first stores in Egypt's Cairo Festival City Mall…
Finance ministry provides additional EGP 922m for public business sector
Government delayed with presenting next year’s budget, hesitation about pursuing subsidy reform
Additional fuel imports to sustain power plants in summer worth $780m: EGPC chairman
Tarek El Molla elaborates on fuel imports, EGPC debts, subsidies and foreign…