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SAIB eyes transition to making profit

Wednesday 01/08/2018 14:11

By Sohair Mohamed: The new chairman of Societe Arabe Internationale De Banque (SAIB) Tareq Al-Kholy has held several meetings with executive mangers ...
Winner of supplying 1300 railcars bid to be announced next week

Wednesday 01/08/2018 13:10

By Ahmed Ashour and Mahmoud Mohsen: The ministry of transport has decided to announce the details of a tender to supply 1300 railcars to railway auth...
Canada expands air transport deals with Cairo

Wednesday 01/08/2018 12:09

Al Mal: The Canadian government has expanded an air transport agreement with Egypt to improve existing deals with the country, according to Aerospace...
Egypt Builds World’s Largest Solar Plant as Part of Energy Transformation

Wednesday 01/08/2018 11:28

Agencies: The world’s largest solar energy farm is expected to be completed next year in the Egyptian desert, a showcase project that is part o...
Asian factories slow as China-U.S. trade conflict starts to bite

Wednesday 01/08/2018 10:09

Reuters: Manufacturing activity across Asia slowed in July, deepening concerns about the region’s economic outlook as an intensifying trade con...
EGX30 to target 16600pts on the short term, closed 1.85% higher today

Tuesday 31/07/2018 21:53

By Ahmed Aly   Egyptian Stock Exchange managed to hover higher than the resistance level of 15500pts on the backdrop of positive moves led by the...
Egypt releases regulations for granting residence permits to foreigners

Tuesday 31/07/2018 21:18

By Al-Mal Egypt's Ministry of Interior announced today regulations for granting  temporary residence permits to foreigners in case  they ow...
Foreign assets surged to more than EGP1 trillion for the second month in a row

Tuesday 31/07/2018 20:27

By Mohmed Salem Foreign assets deposited at the Egyptian banks surged to EGP1.07 trillion late June up from EGP1.07 trillion in May, whereas FAs nette...
Novus Stanza's exiting NAC project is sounding alarm bells among junior developers

Tuesday 31/07/2018 19:51

By Bedour Ibrahim Egyptian developer Novus Stanza's exiting real estate projects at the New Administrative Capial triggered deep concerns among client...
Sales of Egypt's autos spiked by 4.8% in the first half of this year: AMIC

Tuesday 31/07/2018 18:10

By Ahmed Shawki   Egypt's vehicle sales spiked in the first half of this year by 40.8%, equivalent  to 23,000 units,  to 795,000 up fro...