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Amwal AlKhaleej, Redcon to buy 30% stake in Acumen-BPE

Wednesday 16/05/2018 13:02

By Mona Abdel Bary: The private equity and investment firm Amwal AlKhaleej and Redcon Real Estate Development are involved in negotiations to acquire...
GASC seeks wheat for June 15-June 25 shipment

Wednesday 16/05/2018 12:12

Al Mal: Egypt's General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers fo...
Mitsubishi Hitachi wins Cairo power station contract

Wednesday 16/05/2018 11:46

TradeArabia: Mitsubishi Hitachi Power Systems (MHPS) has signed a contract with Cairo Electricity Production Company (CEPC) for the renewal of the Ca...
Central bank seen keeping key rates unchanged

Wednesday 16/05/2018 10:11

Reuters: Egypt’s central bank will likely keep its key interest rates unchanged at its meeting on Thursday, a Reuters poll showed on Tuesday, a...
N Korea cancels talks with South Korea and warns US

Tuesday 15/05/2018 21:54

By BBC North Korea has cancelled high-level talks with South Korea because of anger over military exercises, state media reports. The North's officia...
Traders to be blamed for declining users of mobile phones in transferring cash

Tuesday 15/05/2018 21:48

By Sayed Badr Although 18 banks  have been  licensed five years ago  to transfer cash between banking accounts via mobile phones, ...
Knock Mart to change name of Dina Farms, inject EGP70mln investments

Tuesday 15/05/2018 20:35

By Sherif Omar Knock Mart, a Cairo-based leading online supermarkets Company, acquired the whole shares of the Arabian Holding for Services and Trades...
Al-Nasr Housing & Development to settle dispute with Emaar Misr amicably: source

Tuesday 15/05/2018 19:15

By Bedour Ibrahim Al-Nasr Housing & Development Company is set to settle amicably a dispute with the  Emaar Misr  over failure on the pa...
Moscow hails security ties with Cairo, promises more flights

Tuesday 15/05/2018 14:01

AP: Russia's foreign minister says close cooperation with Egypt on security issues will help restore a direct air link to Egypt's Red Sea resorts. S...
Israeli minister threatens to assassinate all Hamas leaders

Tuesday 15/05/2018 13:40

By Adel Abdel Gawad Israeli Minister of Housing, General Yoav Galant, threatened to assassinate Hamas leaders if the movement continues to make mista...