Year: 2016

MCDR sends capital tax files of non-listed companies in EGX to tax authority

MCDR managing director confirms that the files include a number of purchase…

Mohamed Ahmed

TE’s Q3 profits surpass investment banks’ expectations by 11.9%

Even though net profits of the company during Q3 exceeded expectations, they…

Mohamed Ahmed

270 ships transit Suez Canal in 6 days carrying 14.9m tonnes

Suez Canal traffic data showed that 270 ships transited the canal with…

Mohamed Ahmed

CPA refers Pizza Hut to public prosecutor for advertising false prices

The Consumer Protection Agency (CPA) referred Americana Group, owner of the Pizza…

Daily News Egypt

Acumen-Beltone to promote subscription to HDB fund in Q1of 2017

The company is planning to promote the fund among investors from Gulf…

Mohamed Ahmed

Bank of America advises investors to buy Egyptian treasury bills

The Merill Lynch institution, affiliated to Bank of America, one of the…

Daily News Egypt

Egyptians struggle to cope after two uprisings: analysts

Egyptians worried about future given political and economic conditions

Daily News Egypt

IMF loan and proceeds of bonds pushes EGX to restore historic levels

Funding will push the EGX past the foreign exchange fluctuations to target…

Mohamed Ahmed

IMF executive board approves $12bn loan to Egypt

EFF-supported programme will help Egypt restore macroeconomic stability and promote inclusive growth

Mohamed Samir