Tag: Finance

Egypt’s Suez Cement Raises Dividend

Reuters - Suez Cement, Egypt’s biggest listed cement maker by market value,…

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Souq.com raises $150m

The largest e-commerce platform in the MENA region plans to use funds…

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China faces ‘serious obstacles’: IMF chief

China’s gross domestic product (GDP) grew 7.7% in 2013, unchanged from the…

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Gunmen attack, burn displaced camp in Darfur: UNAMID

The African Union-United Nations Mission in Darfur (UNAMID) has reported a series…

Shaimaa Raafat Shaimaa Raafat

Doctors Syndicate to launch mass resignation campaign

The syndicate vows to escalate until their demands are met

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Dubai Investments to lift foreign ownership cap to 35%

Reuters - Dubai Investments, a diversified manufacturer and investor in property, plans…

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Swiss-Listed Orascom warns on profit amid Egyptian instability

Specific factors hitting Orascom include lower capitalisation of financing costs, the devalued…

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MasterCard celebrates Global Money Week

Financial institutions will benefit as well from the initiative, as the banks…

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Egypt’s macro-economy ‘needs more than just a president’: Bank of America Merrill Lynch

GCC backstop support remains crucial to alleviate external funding pressures in 2014,…

Sara Aggour Sara Aggour

EGP 2.38bn to be allocated from budget ‘to supply necessary goods’ to citizens: Galal

Oil sector will receive EGP1.106bn, ministry says in an official statement

Sara Aggour Sara Aggour