SODIC’s 9-Month Profits Hit EGP 148 Mln
Six of October Development & Investment Company - SODIC - (OCDI.CA) reported on Wednesday nine-month…
Morsi, Ashton Discuss Expanding Cooperation Between Egypt, EU
Egyptian President Mohamed Morsi received this morning Catherine Ashton, High Representative of the EU for Foreign…
Orascom Telecom Says Q3 Profit Hit $106 Mln
Egypt-based Orascom Telecom “Global Telecom” (ORTE.CA) reported on Wednesday third-quarter net profit attributable…
Vimpelcom Beats Q3 Forecasts As Earnings Triple
Telecoms group Vimpelcom, with assets in Russia, Italy and various emerging markets, said on Wednesday its…
Egypt Funds Embezzled By Ousted Regime Haunt Morsi’s Rule
Aleia el-Sayed never expected President Mohamed Morsi to deliver overnight on his campaign promises of justice that…
Telecom Italia’s Sawiris Stake Sale Seen Boosting Value
Telecom Italia SpA (TIT)’s second-biggest shareholder says he would welcome an investment by Egyptian billionaire…
Promise Assigns ESIH To Insure Arab Clothing Accessories Factory
Promise Insurance Brokerage Company assigned Egyptian Saudi Insurance House (ESIH) to insure Arab Clothing…
Cairo Metro Resumes Work… Abdallah Fawzy Appointed As New Chairman
The Cairo Metro's three lines resumed work after they were suspended this morning. This suspension came due to the…
Egypt’s CIB Says Q3 Net Income Rose 94.5 Pct, Beating Cpnsensus
Commercial International Bank (CIB), Egypt's biggest listed bank, said net income for the third quarter rose 94.5…
Australia Solar Eclipse Delights Thousands
Tens of thousands of tourists and astronomers gathered in northern Australia to glimpse a rare total solar eclipse.…