Tag: business news

REACAP sells Alexandria land piece for EGP 332m

EGP 120m of 13,452 sqms land sale went to REACAP

Sara Aggour Sara Aggour

Arabian Cement’s net profit declines 52% despite 11% revenue increase

Devaluated Egyptian pound, high cost of transportation result in “tough quarter” for…

Sara Aggour Sara Aggour

Dana Gas, BP sign participation agreement

BP to start drilling in El-Matariya onshore Concession Area in first half…

Sara Aggour Sara Aggour

Financial services, real estate companies lead stocks’ trade in May

Value of traded securities during previous month totalled EGP 18.3bn

Sara Aggour Sara Aggour

NCFPMAC urges Al-Sisi to stop ‘government recklessness’ in fuel price increases

Transportation fares expected to increase due to lack of government supervision, centre…

Sara Aggour Sara Aggour

NUCA offers 7 bids in 4 cities

Bids include developmental projects in New Cairo, Beni Suef and New Aswan

Sara Aggour Sara Aggour

Telecom Egypt CEO sacked

Tarek Aboualam and Khaled Sherif most likely candidates to replace El-Nawawy

Sara Aggour Sara Aggour

Over 600 civil society organisations apply for microfinance license 

253 organisations received the license, while the remaining applications are still being…

Sara Aggour Sara Aggour

Toyota launched operations in spare parts distribution centre

Toyota sales during the first quarter of 2015 reached 7,300 vehicles

Sara Aggour Sara Aggour

Suez Cement seeks to increase production capacity by 15%

Italcementi’s CEO said in March the company is focusing on diversifying energy…

Sara Aggour Sara Aggour