SFD Negotiates 5 International Financial Bodies Over US$350 Mln Loan
The Social Fund for Development (SFD) is currently conducting negotiations with five international financial bodies…
IMF Expected to Demand that Egypt Devalues on Currency: Samir Radwan
As Qatar prepares to credit the first installment of its $2 billion deposit into Egypt’s central bank, the former…
Egypt’s Reacap Net Losses 1.5% Less; H1
Reacap Financial Investments (REAC.CA) announced its financial results for the first half of 2012 which revealed…
10 Ramadan Investors Seek Amending Conditions With IDA
Muharm Helal, chairman 10 Ramadan Investors Association, urged the ministry of industry to solve the problems of…
TransOceans Tours Says Net Profits Dip 87.3%; H1
TransOceans Tours (TRTO.CA) announced its business results for the first half of 2012 posting net profits of EGP…
Raya Factory for Plastic Recycling Awaits Ministry of Health Approval
Eng. Medhat Khalil, Chairman of the Board of Raya Holding Company for Technology and Communications, stated that…
Arab Aluminum Says Net Profits 58% Lower; H1
Arab Aluminum (ALUM.CA) reported net profits for the first half of 2012 amounted to EGP 2.798 million, 57.6% down…
Aswan Investors Seek Forming Board of Trustee in Upper Egypt
Sutohey Moustafa, chairman of Aswan Investors Association, said governorates in Upper Egypt should benefit from the…
AWB’s Net Profit Hits EGP 161.4 Mln In H1
Al Watany Bank of Egypt (AWB) achieved net profit of EGP 161.4 million at the end of the first half of 2012, up…
Emaar-Egypt to Use Advanced Telecommunications Technology in Its Projects
"Emaar Egypt" has announced launching the "Triple Play" service in its projects in Marasi, Uptown Cairo, and soon…