Tag: Business

EGP 135bn spent on subsidies for current fiscal year

By the end of the current fiscal year the amount spent on…

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Wepco assumes operational control of Badr 1 field

Badr El Din Petroleum Company is currently operating Badr 1 but will…

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Egypt’s Arabian Cement Company shares to start trading on Sunday

Arabian Cement’s initial public share offer was 18.5 times oversubscribed, an official…

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Al-Futtaim Group Egypt to launch new Honda City model in July at EGP 165,000 starting price

By Islam Atris Nile Trading and Engineering Company Al-Futtaim Group Egypt, Honda’s…

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Egypt’s Talaat Moustafa posts 15% increase in Q1 net profit

Reuters - Egyptian property developer Talaat Moustafa posted a first-quarter profit after…

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Israeli mobile operator Cellcom profit up more than forecast

Cellcom was forecast to earn ILS 86m shekels on revenue of ILS…

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Egyptians prefer to live in Al-Tagammu, Maadi: Propertyfinder.eg

Al-Tagammu is the most attractive community for real estate buyers in Q1…

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Ripplewood deal boosts optimistic expectations for Egyptian real estate market growth

SODIC is one of the largest real estate development companies listed on…

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UAE, Saudi Arabia provide Egypt with $2.6bn in grants in Q1 2014

Egypt has made various offers to the UAE, Saudi Arabia and Kuwait…

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Investment Law amendments nullify 20 lawsuits against government contracts, raising corruption fears

New legislation nullifies claims regarding the sale of the Bank of Alexandria,…

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