Year: 2016

Modern Waterproofing Co. develops plan to offset 2015’s losses

The company's issued capital and paid capital is EGP 119m, divided over…

Mohamed Ahmed Mohamed Ahmed

United Bank of Egypt to finance 1,000 housing units in Suez

The bank announced launching the project for those with low-income through a…

Daily News Egypt Daily News Egypt

CBE awaits first segment of World Bank loan to support foreign reserves

Foreign reserves are facing major challenges by the beginning of 2016; repaying…

Hossam Mounir Hossam Mounir

Collapse of oil prices strikes Gulf stock markets

Saudi Arabia’s market was the hardest hit, losing 9.93%, followed by Qatar…

Daily News Egypt Daily News Egypt

EGX to decline to 6,700-6,800 points on Sunday: Analysts

Technical analysts attributed predictions of fall in EGX to impact of severe…

Mohamed Ahmed Mohamed Ahmed

275 ships transit Suez Canal with total load of 15.98m tonnes

In July 2015 before the inauguration of the New Suez Canal, the…

Mohamed Ahmed Mohamed Ahmed

Imtenan referred to prosecutor general for unregistered product

Company should not have introduced product to market before receiving NNI’s approval

Sara Aggour Sara Aggour

Government and Maxim Holdings inaugurate EGP 14bn tourism project

Purported to be largest on Northern Coast, project will lie in Sidi…

Daily News Egypt Daily News Egypt

Egypt’s youth take first place in 2016 British Junior Open Squash Championship

Egyptian junior squash player Tamer El-Shamy came in seventh place in the…

Maya Nawar Maya Nawar

Ethiopia will not add further sluices to GERD

The tripartite meeting ended with the Ethiopian side’s refusal of Egypt’s proposal…

Nourhan Elsebahy Nourhan Elsebahy