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Ahmed Bahgat’s Benshmark to participate in ammonia factory project

Monday 25/06/2018 14:42

By Mostafa Talaat: Benshmark Power International, owned by businessman Ahmed Bahgat, has put forward a proposal to the government to take part in a b...
JPMorgan to sell minority stake in Saudi Investment Bank for $203m

Monday 25/06/2018 14:02

Agencies: JPMorgan International Finance, a subsidiary of JPMorgan Chase, is set to divest a minority stake in Saudi Investment Bank in a deal worth ...
China's auto sales jump to 11.5mn units in 5 months

Monday 25/06/2018 14:06

By Sherif Issa  China's market sales of motor vehicles rose 4.2 percent in the first five months of this year, recording 11.5 million units, acc...
Egypt's president approves law for ride-hailing apps

Monday 25/06/2018 14:02

Associated Press Egypt's President Abdel-Fattah el-Sissi approved a law governing popular ride-hailing apps Uber and Careem after the companies appea...
Egypt to extend state of emergency for three months

Monday 25/06/2018 13:58

(Reuters) - Egypt’s parliament approved  yesterday the extension of a nationwide state of emergency for three months from July 14. Egypt ...
CI Capital signs an agreement with Asian bank to increase trading services

Monday 25/06/2018 13:56

By Ragab Ezz el-Din CI Capital has announced the signing of an agreement to provide trading services with My Bank Chem Ang, one of the investment ban...
Egyptian – Chinese consortium wins Hamrawein power plant project

Monday 25/06/2018 13:03

By Omar Salem: An Egyptian – Chinese consortium made up of Hassan Allam Holding, Shanghai Electric and Dongfang Electric has won a bid to build...
Cairo about to become LNG exporter

Monday 25/06/2018 11:54

Bloomberg: Egypt may have just issued its last LNG tender, setting the stage to resume exports next year. Imports of liquefied natural gas may stop i...
BDB closes $100m venture capital fund

Monday 25/06/2018 10:17

TradeArabia: Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round, ...
EGX30's inching up to 16600 challenged by a profit-taking revival: analysts

Sunday 24/06/2018 21:56

By Mona Abd El-Bary EGX30 is expected to head towards 16600pts this week, then a limited profit-taking may follow driving the benchmark  index ...