Oil Prices trim Losses after Fed Statement
Oil prices pared losses Wednesday after the U.S. Federal Reserve decided to leave its benchmark interest rate…
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US Federal Reserve leaves Interest Rates Unchanged
Keeping a tight lid on its future intentions, the U.S. Federal Reserve on Wednesday held interest rates steady at…
Huawei eyes 9% Share of Egypt Smart Phone Market
China's Huawei Technologies Co Ltd aims to boost its market share of smart phones in Egypt to 9 percent by end of…
Egypt Stocks grew ahead of Holy Month Ramadan
Bourse gained Wednesday 1.6 billion Egyptian pounds (US$209.8 million) ahead of the Muslims’ Holy Month of Ramadan.…
Egyptian Dairy Maker Domty to list on Cairo Bourse early 2016
One of Egypt's top dairy makers, Arabian Food Industries Co (Domty), is planning an initial public offering (IPO)…
Siemens requesting Letters of Guarantees for Egypt Power Projects
German industrial group Siemens is seeking to obtain letters of guarantee totalling €1.2 billion from Egyptian…
Arab Contractors delivers Nigeria’s $143 million Key Road Project
A leading Egyptian-based construction firm delivers a crucial road project in southern Nigeria. Mohsen Salah –…
Arabian Cement Company rolls out Social Start-up Programme
The Egyptian-based company, Arabian Cement has launched a social start-up programme, ‘Khaleeha Suessi’ in…
Gulf Stock Markets to consolidate ahead of Holy Month of Ramadan
Middle East stock markets look set to consolidate with a negative bias Wednesday as investors in the region prepare…
After Two Years, Cairo’s Main Metro Station Sadat reopens
Cairo's main metro station, Sadat, has come back into operation Wednesday after almost two years, in a…