Foreign Investment In Egypt At About 2 Bln In First Half Of Year
Minister of Investment Osama Saleh told Reuters early on Tuesday that direct foreign investments coming into Egypt…
OCI Incurs LE 628 M Loss In 9 Months
Orascom Construction Industries (OCIC) reported financial results posting a net loss of LE 628.5 m for the period…
Canal Shipping Agencies Profits Hits To LE 17.3 M In 6 Months
Canal Shipping Agencies reported financial results posting a net profit of LE 17.3 m for the period between…
OCI: Net Loss Hits EGP628.5 Million in 9 Months
The board of Orascom Construction Industries (OCI) ratified Monday the financial results for the first nine months…
CBE Requests EGP60 bln in 28th Auction of Deposit Operation
Egypt’s Central Bank (CBE) has requested around 60 billion Egyptian pounds of domestic surplus liquidity from local…
EGX 30 Nears 7500 on Tuesday
Egypt’s bourse ended sessions on Tuesday with gains totaled 4.4 Egyptian pounds bolstered by local buying appetite.…
Egypt’s FDI Hits $2.1 billion in H1 – Minister
Egypt’s Investment Minister Osama Saleh announced on Monday that foreign direct investment (FDI) hit US$ 2.1…
NBE Receives US$50 mln from EBRD to Finance Foreign Trade Deals
The National bank of Egypt (NBE) and the European Bank for Reconstruction and Development (EBRD) are signing an…
Italy to Unveil a Second Credit Line with Egyptian Banks Soon
The Italian Technical Cooperation Agency will be opening soon a new credit line with a number of Egyptian banks,…
Kima 6 Months Net Profit Dips 62 %
Egyptian Chemical Industries (KIMA) (EGCH) reported financial results posting a net profit of LE 28.5 m in 6 months…