Petroleum Ministry Refutes Exiting Foreign Companies From Egyptian Market
Eng. Mahmoud Nazim, First Under-secretary of the Ministry of Petroleum, said the ministry hasn't received any…
Mobinil Says 9-Month Consolidated Loss Hit EGP 93 Mln
The Egyptian Company for Mobile Services - Mobinil – (EMOB.CA) announced on Wednesday its nine-month…
Majid Al Futtaim Properties Concludes Second Annual Energy Conference
Majid Al Futtaim Properties , the leader in ownership, development and management of shopping malls together with…
Potential Vimpelcom Pull Out From Canada May Lead To Wind/Mobilicity Merger –…
Reports that VimpelCom is preparing to drop its telecom assets in African and Asia is the “strongest signal to date…
Dubai’s Union Properties Posts Q3 Profit
Union Properties posted a quarterly profit on Wednesday despite a decline in revenue, as the real estate developer…
Hesham Zazou: No Financial Allocation Rise For “Formula One”
Egyptian Minister of Tourism Hesham Zazou refused increasing the financial allocations for the sports tourism and…
EGX 30 Opens 0.22% Lower, Hit 5755 Pts
During Wednesday opening session, the Egyptian Exchange (EGX) has posted early losses of EGP 335 million as the…
Wall Street Restart: Where Will Investors Begin?
Investors could be trying to get back to some sense of normalcy Wednesday, but strategists say it’s going to be…
EALB Contributes EGP 150 Mn To Finance For Egyptian Steel Group
The Egyptian Arab Land Bank (EALB) approved contributing to the first Islamic syndicated loan arranged by Banque…
Dollar Weakens Before U.S. Markets Reopen
The dollar slipped further during Asian trading hours Wednesday, although major currency pairs moved in narrow…