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A real estate bubble in Egypt at the time being is unlikely: experts

Sunday 16/09/2018 20:01

By Mahmoud Zaki Real estate analysts said that the setting-off  of a property bubble in Egypt is unlikely, adding that the market is stagnating ...
Egypt-based banks posted EGP45.84bn profits late June

Sunday 16/09/2018 19:59

By Sayed Badr Profits of Egypt-based banks dwindled by 3.35 percent to EGP45.84bn in June this year down from EGP47.4bn a year earlier. Banks' return...
Traders sound the alarm bell over banning heavy-loaded trucks from using Ring Road

Sunday 16/09/2018 17:48

By Doaa Husny & El-Saway Ahmed Egypt's latest ministerial decision banning heavy-loaded lorries from driving Greater Cairo's Ring Road from 6am t...
EFG-Hermes to raise regional assets to USD 4.5bn.

Sunday 16/09/2018 14:12

By Eman Al Qaddi & Asmaa El Sayed: Investment bank EFG-Hermes is planning to increase the size of its managed assets in the region through subsid...
Saudi governor says economy can grow 1.9 pct this year

Sunday 16/09/2018 14:05

(Reuters) - Saudi Arabia’s economy can achieve an International Monetary Fund forecast for 1.9 percent gross domestic product growth this year ...
Obo to launch f9 phone in Egypt on Sept 24

Sunday 16/09/2018 13:58

Al-Mal China's state-owned mobile phone company Obo plans to launch its new smart phone "f9" in the Egyptian market on Sept. 24. Last week, the com...
Banque du Caire is negotiating over external funds

Sunday 16/09/2018 13:56

By Sayed Badr Banque du Caire is negotiating with a number of international financial institutions and Gulf banks over foreign currency financing. ...
Transport ministry to sell unexploited lands of 146,000 sq. m.

Sunday 16/09/2018 12:52

By Medhat Ismail: The ministry of transport has initiated selling 146,000 sq. meter of lands owned by 4 subsidiaries of the Holding company for Roads...
20 Samsung Group affiliates moving to hire new workers in H2

Sunday 16/09/2018 11:11

Agencies: Samsung Group's many affiliates are moving to hire a large number of new workers in the second half, amid a sharp drop in employment number...
GPIC team visits Abu Qir Fertilizers

Sunday 16/09/2018 10:01

TradeArabia: A high-level delegation from Bahrain-based Gulf Petrochemical Co (GPIC) recently visited Abu Qir Fertilizers Company, a leader in the fi...