REACAP sells Alexandria land piece for EGP 332m
EGP 120m of 13,452 sqms land sale went to REACAP
Arabian Cement’s net profit declines 52% despite 11% revenue increase
Devaluated Egyptian pound, high cost of transportation result in “tough quarter” for…
Dana Gas, BP sign participation agreement
BP to start drilling in El-Matariya onshore Concession Area in first half…
Financial services, real estate companies lead stocks’ trade in May
Value of traded securities during previous month totalled EGP 18.3bn
NCFPMAC urges Al-Sisi to stop ‘government recklessness’ in fuel price increases
Transportation fares expected to increase due to lack of government supervision, centre…
NUCA offers 7 bids in 4 cities
Bids include developmental projects in New Cairo, Beni Suef and New Aswan
Telecom Egypt CEO sacked
Tarek Aboualam and Khaled Sherif most likely candidates to replace El-Nawawy
Over 600 civil society organisations apply for microfinance license
253 organisations received the license, while the remaining applications are still being…
Toyota launched operations in spare parts distribution centre
Toyota sales during the first quarter of 2015 reached 7,300 vehicles
Suez Cement seeks to increase production capacity by 15%
Italcementi’s CEO said in March the company is focusing on diversifying energy…