Egypt-FIHC Considers Launching Sugar Plant in Damietta with EGP7bn
Egyptian Holding Company for Food Industries (FIHC) Chairman Major General Ibrahim Hassanein revealed that the…
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ISYS Kuwait’s Business Volume to Surge to US$1 bln in 5 Years
Managing Director and CEO of ISYS Kuwait Group Eng. Mohamed Al Rasheedy revealed that his company is planning to…
Egypt’s Electrostar to Renew and Replace its Plants by 2015 with EGP250mn
Egypt's Electrostar Home Appliance Company is targeting to finalise the renewable and replacement processes for all…
Egypt’s Ministry to Roll out 20.000 Housing Units by January
Egyptian Housing Minister Mostafa Madbouly said it will be rolled out 20.000 housing units in social housing…
Nokia’s Raised Target Fails to Convince Investors Seeking More
Nokia Oyj (NOK1V)’s raised earnings target failed to convince investors seeking support for a stock that had gained…
Egypt’s Unemployment Remains High at 13.1% in Q3 2014: CAPMAS
Egypt’s unemployment rate shrank slightly in the third quarter (Q3) of 2014 by 0.2 percent to record 13.1 percent,…
NBE Negotiates with Hurghada’s Tourist Client to Settle Debts worth EGP250mn
National Bank of Egypt (NBE) is currently negotiating with tourist client in Hurghada to settle debts worth EGP250…
Egypt’s ICT to Establish Holding Firm to Launch EGP3.5bn New Tech-Areas
Executive Director for technology Parks at Information Technology Industry Development Agency, ITIDA Mohamed…
HDB-Egypt Aims to Open 6 New Branches by 2015
Housing and Development bank (HDB) is aiming to inaugurate from 4 to 6 branches by the next year so as to support…
Central Bank of Egypt Has Granted EALB EGP7bn Loans in Last Years
Egyptian Arab Land Bank (EALB) Chairman Abdel Meguid Mohy El-Din said his bank obtained support loans worth EGP7…