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Arab Bank posted USD6mln profits in 2018's first half

Saturday 28/07/2018 18:59

By Suhair Mohmed The Arab Bank increased after-tax profits by 5% to USD43mln   in the first half of 2018 up from USD415.2mln earlier, demon...
United Ofoq to computerize 3 companies in Egypt and Arab countries

Saturday 28/07/2018 18:05

  By Mahmoud Gamal United Ofoq, specializing in technology-based business solutions, clinched deals for computerizing three companies  in th...
Turning Egypt into a train-manufacturing hub tapped by a partnership with Bombardier

Saturday 28/07/2018 16:41

By Ahmed El-Lahuny In response to a prior invitation, Minister of Military Production Dr. Mohmed El-Aasar and Minister of Transports Dr. Hisham Arafa...
GlaxoSmithKline sales reach EGP 1.9bn in H1

Saturday 28/07/2018 14:46

By Ahmed Sabry: The pharmaceutical firm GlaxoSmithKline achieved direct sales of EGP 1.9bn in the local market during the first half of the current y...
Government to raise 8-10 bln EGP by floating shares in state firms in FY 2018-19

Saturday 28/07/2018 13:29

Reuters: Egypt aims to raise 8-10 billion Egyptian pounds ($450 million to $560 million) from floating shares in state-owned companies in fiscal year...
EIB signs financing deal to support SMEs in Egypt

Saturday 28/07/2018 12:32

Agencies: The European Investment Bank (EIB) announced Friday that it signed a financing agreement worth 375 million Euro (USD 475 million) with the ...
Egypt's budget deficit narrows to 9.8 pct in FY 2017/18

Saturday 28/07/2018 11:24

Reuters: Egypt’s budget deficit for the 2017-2018 fiscal year was 9.8 percent of gross domestic product (GDP), down from 10.9 percent the previ...
US funds Egyptian economic reforms and public services

Saturday 28/07/2018 10:22

Public Finance International: The US will give $45m to Egypt to help with its economic reforms and give a boost to health, education, governance and ...
EGX30 to cross 14700pts in the next four sessions

Thursday 26/07/2018 21:13

By Ragab Ezz El-Deen & Asmaa El-Sayed The Egyptian Stock Exchange ended Thursday's trades on a mixed note amid heavy sell-offs led by foreign inve...
Killing ERD engineer grabbed utmost attention of Egyptian users of Twitter

Thursday 26/07/2018 20:19

By Ahmed Sabry Killing  designer and engineer of the Ethiopian Renaissance Dam Simegrew Bekele while driving his car on Thursday grabbed utmost ...