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Investments from EC drive up capital of Algebra Ventures to USD50mln

Friday 22/02/2019 21:40

By Ahmed Aly  The European Commission and private family companies have contributed USD10mln to  Algebra Ventures Fund, bolstering its capit...
RYA to set up its sixth hotel at initial investments of EGP800mln

Friday 22/02/2019 21:35

By Mona Abd El-Bary Ramses Youssef Atteya Group is poised to set up its sixth hotel at initial investments worth EGP800mln in collaboration with Conc...
Lower interest rates fueled EGX's EGP8bn gains this week

Friday 22/02/2019 21:30

By Mona Abd El-Bary    The Egyptian Stock Exchange managed this week to pursue a winning streak started a week earlier  on the bac...
GAFI to go cashless in three service centers next March

Friday 22/02/2019 21:26

By Ahmed Ashour  General Authority For Investments looks to halt cash transactions in three service centers next March after GAFI headquarter sai...
EGX fluctuated on Wednesday amid sell-offs led by foreigners

Friday 22/02/2019 21:23

By Ragab Ezz El-Deen   The Egyptian Stock Exchange ended Wednesday's trades on a mixed note amid heavy sell-offs led by the foreigners.&nbs...
Yields on Egypt's treasury bills retreated to 8-month low

Friday 22/02/2019 20:46

By Mohmed Salem & Mahmoud El-Sabbagh  Egypt's yield on treasury notes slumped on Monday by 73 percent to 83 basis points, an 8-month low, mi...
Etisalat 2018 net profit surges 2.4pc to $2.34bn

Thursday 21/02/2019 14:19

TradeArabia: UAE's leading telecom services operator Etisalat Group has reported a consolidated net profit of Dh8.6 billion ($2.34 billion), up 2.4 pe...
UNIDO pilots Better Cotton Initiative in Egypt towards sustainable cotton production

Thursday 21/02/2019 14:17

Al-Mal: The United Nations Industrial Development Organization (UNIDO), under the framework of The Egyptian Cotton Project, has launched the Better Co...
AEC notify exporters of citrus shipments denial by EU

Thursday 21/02/2019 13:27

By El Sawy Ahmed: Egyptian Agricultural Export Council (AEC) has notified its members, through an official document, that many rejection notices about...
Russia’s REC to launch industrial complex near Egypt’s Port Said

Thursday 21/02/2019 11:35

Al-Mal: Russian Export Centre (REC) plans to complete the construction of the first phase of an industrial zone near to Egypt’s Port Said in 4-5...