Housing Ministry, Egypt Grand Mufti to Review Channeling Zakat Funds Tomorrow
Eng. Ibrahim Mahlab, Egyptian Housing Minister will meet tomorrow Dr. Shawqi Allam, the grand Mufti of Egypt…
Egypt’s Rakta Narrows Losses to EGP22.6 mln in FY12/13
Egypt-based paper suppliers Rakta Paper Manufacturing (RAKT.CA) has narrowed net losses to EGP 22.6 million for the…
Ericsson wins award for Best Network Infrastructure Vendor
Ericsson was selected as the best network infrastructure vendor for the Middle East at the Telecoms World Middle…
Shares Lose EGP468 mln, EGX 30 Solely Up at Open
Egypt's shares opened lower on Wednesday incurring losses of EGP 468 million battered by Arab selling…
Head of Internet Arm Resigns; Says Telecom Egypt
Telecom Egypt (TE) announced the resignation of Eng. Azza Turki, Chairman of the group’s internet subsidiary…
Egypt to Return $1bln Deposit to Qatar in Two Months – Official
The Central Bank of Egypt (CBE) Governor Hisham Ramez said on Tuesday Egypt will return US$1 billion deposit to…
Twitter Sorts Out Lock-Up Agreements Ahead Of Releasing IPO Plans
Twitter Inc's bankers contacted early investors this week asking them to sign a 180-day lock-up agreement by…
President Obama Cancels Official Visit To Malaysia After U.S. Government Shutdown: Media
U.S. President Barack Obama has canceled an official trip to Malaysia next week after the U.S. government went into…
Wall Street Rebounds As Government Shutdown Seen Short-Lived
U.S. stocks kicked off a new month and a new quarter with gains on Tuesday as investors, for now, appeared…
Egypt Gets Wastewater Plant Expansion Loans from EU Lending Arm
A wastewater project that consists of building two treatment plants, expanding three and almost 700 kilometers (435…