Egyptalum Says Net Profit Falls 77%; H1
Egypt Aluminum – Egyptalum (EGAL.CA) reported a net profit of EGP 121.210 million during the first half of 2012,…
Hermes: TMG, SIDPEC, Oriental Weavers On MENA Top 20 List
In its MENA Strategy report, EFG-Hermes said that that TMG Holding, SIDPEC and Oriental Weavers are on its MENA Top…
Housing Minister: Licenses for Badr City Buildings to Be Issued Soon
In his sudden visit to Badr city yesterday, Dr.Tareq Wafiq, Minister of Housing and Urban Development affirmed that…
SFD In Talks With European Investment Bank Over €15 Mln Grant
The Social Fund for Development (SFD) is negotiating with the European Investment Bank to receive a grant of €15…
Sawiris To Invest $1 Bln In Canadian Firm
According to French gazette Le Figaro, Sawiris will use $500 million in acquiring the gold mining firm. It added…
Hermes: Euro T-Bill Auction ‘Attractive’, Foreigners May See Pound Less Risky
EFG-Hermes said in a report that the euro T-bill auction was oversubscribed, with an average yield of 3.245% above…
Bank Leumi’s Profit Down By 50%
Bank Leumi profits in the second fiscal quarter of 2012 add up to NIS 280 million ($69.2 million) compared to NIS…
EGX 30 Ends Week 0.45% Higher, Citadel Capital 3.92% Up
During Thursday closing session, the Egyptian Exchange (EGX) has extended its early gains to eventually reach EGP…
CPA: Intensive Campaigns On Water in Markets
Atef Yacoub, chairman of the board of CPA, Consumer Protection Authority, said the agency launches joint campaigns…
NBE To Meet Experts In SME Finance Next Week
The National Bank of Egypt (NBE) will meet with a number of experts and senior officials of the American Charity…