Tag: flotation

$5bn total foreign remittances after 3 months of flotation

Volume of transfer increased by 23% in January 2017, compared to 2016

Hossam Mounir Hossam Mounir

Flotation raises the development cost of 665 feddans in New Heliopolis by 20%

Hany Al-Deeb, CEO of the Heliopolis Company for Housing and Development told…

Alia Stouhi Alia Stouhi

Wadi-Food to exploit flotation, expand into African markets

40% increase in sales of the company during the last year, says…

Selim Hassan Selim Hassan

Development cost of Sharm Dreams Holding hotels increase 35% due to flotation

Current bookings prevent tourism recovery in 2017 by 30% on average at…

Alia Stouhi Alia Stouhi

CBE provides banks $420m to cover companies’ flotation debts 

The Central Bank of Egypt (CBE) provided $420m to local banks to…

Hossam Mounir Hossam Mounir

SODIC achieves total revenues of EGP 2.1bn in 2016

The company achieves 40% growth and aims to allocate EGP 600m for…

Mahmoud Hashem Mahmoud Hashem

Costs of packaging reduce flotation gains in food industries

Prices increase by 14-60%, manufacturers suffer from the market's randomness

Selim Hassan Selim Hassan

Reducing price of products depends on stability of US dollar

After the Ministry of Finance reduced the price of the US dollar…

Hisham Salah Hisham Salah

Dollar continues decline, expected to stand at ​EGP​ 16 in short term

The price of the pound against the dollar will reach equilibrium in…

Hossam Mounir Hossam Mounir

Will commodity prices go down as pound strengthens?

 Companies pledge to bring prices down; others refuse due to inventory input

Samira Saeed Samira Saeed