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The three exhibitions will be held in Germany, Russia, and Spain, since 72% of the annual tourist flow to Egypt is from Europe
The meeting discussed the current ongoing dispute in the Egyptian automotive market, especially the increasing demand by consumers on the company’s models and the lower import volume from the agent.
Qalaa indirectly owns 15.18% of Misr Glass Manufacturing Company
NUCA adopted new budget for current fiscal year (FY) 2015/2016, with a value of EGP 33.2bn, says Madbouly
The shares declined amid active trading exceeding 77m shares, at a total value of more than EGP 303.9m
CBE moved to raise the dollar to limit imports, says CBE Governor Hisham Ramez
Legislative amendments to severely punish factories that dump untreated wastes in drains and canals, says cabinet spokesperson
Shorouk Springs includes residential units, townhouses and independent villas in a variety of sizes, says Khairy
Emaar’s shares coverage is record breaking, EGX head highlighted
Infrastructure is ready for any expansions, says official
A further 10 piasters reduced against the US dollar to 7.83EGP
Al-Fouad Multi, El-Hoda For Agriculture Development, Sun Infinite Energy proposed 3 energy projects, with 500 KW factory
The official said the second gasification ship is expected to be in Ain Sokhna Port by December.
Company interested in microfinance, looking for opportunity to engage in that promising activity
Banque Misr stresses its keenness on contributing to all projects that encourage science, support Egyptian talents and contribute to the development and renaissance of the community.
The federation also includes four representatives OF real estate companies affiliated to the banks
The fund portfolio for companies at the bank reached EGP 31.4bn by the end of March 2015, a rise of 11.33% compared to December 2014.
Bank is only representative of Greek banks in Egypt after exit of Piraeus
I reject importing gas because it is the government’s responsibility, and coal is not a solution for the steel industry, says El-Garhy
Analysts await CBE’s next step, expecting an increase in commodity prices
Government revision on budget included lower targeted budget deficit, lower spending and higher revenues
CBE sold $40m of periodic dollar bid, with average dollar exchange rate of EGP 7.63, after four month stability
By Abdel Razek Al-Shuwekhi and Mohamed Azab Misr Insurance Company has paid EGP 127.5m in total compensation to Orascom Hotels & Development Company for the material damage suffered by the latter’s hotels in the Taba Heights resort. The damage were the result of strong torrents witnessed by Taba, South Sinai, during May 2014, according to …
Total debt interest for local and foreign loans in state budget draft for FY 2015/2016 amounts to 244bn, with an increase of 25.1%, statement says
Primary approval given to extend programme until end of September, which raises hotel and compound occupancies
“We plan to present vocational training videos to qualify youth for the labour market,” says General Manager
The company started working through a paid capital worth EGP 77m, of which 75% belonged to Egyptian banks and entities including: Amlak Egypt, AlexBank, the Information Technology Development Fund, the Arab African International Bank, Raya Holdingand HSBC.
Chevrolet, Hyundai and Toyota remain the market leaders in May 2015
Company set allotment ratio for its Initial Public Offering (IPO) at 2.78% per subscriber
Ministry of Finance to issue treasury bills with EGP 189.5bn and treasury bonds with EGP 72.5bn between July and September 2015