Tag: business news

OCI NV holds discussions for possible transactions

Construction company did not provide further details on combinations and transactions under…

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Travel, leisure sector fluctuates on EGX

Performances of sectors have suffered roller-coaster ride since the beginning of the…

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Egyptians show interest in innovative products: Nielsen

Preference goes to products from well-known brands that have proven their quality

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Dim international and domestic news pushes EGX down

EFG-Hermes unlikely to use stabilisation fund to support Emaar Misr’s stock in…

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Tetra Pak still pursuing recycling project, looks at other partners

Recycling project initially announced in 2013, but no progress yet made; company…

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PHD, MNHD to co-develop East Cairo residential community

Project’s revenue will range between EGP 4.6bn and EGP 5.5bn

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Defined goals set in revised budget: Dimian

Government revision on budget included lower targeted budget deficit, lower spending and…

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4.9% increase in YTD automotive market: AMIC

Chevrolet, Hyundai and Toyota remain the market leaders in May 2015

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Trade balance tips in favour of international blocs with EGP 33.5bn

Exports to international blocs decreased to EGP 190.4bn between 2013 and 2014,…

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28% YoY decline expected in Luxor hotel room revenues: Colliers International

Medium-term tourism in Luxor sees a hit after recent militant attack

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