• Monday, 4 March 2019

    Earnings watch: Emaar, MM Group, GTH, Oriental Weavers

    EARNINGS WATCH- Global Telecom Holding returned to profit in 4Q2018, reporting a net profit of USD 98 mn compared to a loss of USD 136 mn during the comparable period a year earlier, the company said in a statement on...
  • Monday, 4 March 2019

    Earnings watch: Emaar, MM Group, GTH, Oriental Weavers

    EARNINGS WATCH- Global Telecom Holding returned to profit in 4Q2018, reporting a net profit of USD 98 mn compared to a loss of USD 136 mn during the comparable period a year earlier, the company said in a statement on...
  • Monday, 4 March 2019

    Earnings watch: Emaar, MM Group, GTH, Oriental Weavers

    EARNINGS WATCH- Global Telecom Holding returned to profit in 4Q2018, reporting a net profit of USD 98 mn compared to a loss of USD 136 mn during the comparable period a year earlier, the company said in a statement on...
  • Thursday, 14 February 2019

    Egyptian Iron and Steel Company to be developed under PPP agreements

    The Public Enterprises Ministry will be entering public-private partnerships to execute the proposed development plan for the Egyptian Iron and Steel Company, Minister Hisham Tawfik said during a meeting with Prime Minister Moustafa Madbouly yesterday, according to a Cabinet statement.
  • Thursday, 31 January 2019

    EGX approves issued capital increase for CIB, Orascom Development

    The EGX has approved CIB’s c.EGP 2.92 bn issued capital increase, according to a bourse statement (pdf). The EGX also signed off on a EGP 22.16 mn issued capital increase for Orascom Development Egypt (pdf) and a EGP 500 mn...
  • Thursday, 17 January 2019

    Egypt’s textiles complex 50% complete

    Construction works on the first phase of the USD 2 bn Chinese textile industrial complex in Sadat City is 50% complete, according to a Trade and Industry Ministry statement. The EGP 2.1 bn (c.USD 117.2 mn) first phase will comprise...
  • Wednesday, 2 January 2019

    Early phase of Egypt’s USD 2 bn textile complex in Sadat to launch by 2019-end

    The first phase of the USD 2 bn Chinese textile industrial complex in Sadat City is set to be completed by year end, according to a Trade and Industry Ministry statement (pdf). Phase one, which is expected to house 100...
  • Sunday, 28 October 2018

    Markets suffers potato “crisis,” free internet for a month?

    The spike in the price of potatoes was the hottest topic on the airwaves last night. But first: You’re may be able to claim one month of free internet from service providers if your connection speed has not been its...

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