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Industry & Trade
Egypt National Elections Offer Hope: EFG Hermes Co-Head
The co-chief executive of EFG Hermes told CNBC that Egypt was undergoing political rejuvenation, meaning it had a…
Egypt Wants Arbitration Resolved to Allow Gas Exports from Israel
Egypt will only agree to an arrangement that would see gas exported from a field in Israel via a liquefied…
15% Growth in TMG Holding Profits in 1Q2014
TMG Holding (TMGH) announced that the company's 1Q2014 net profits increased 15% to LE 160.8 m. Noting that, the…
Works on Cairo Metro Line 3’s Phase III to Start Next September
Egypt will start carrying out the third phase of Cairo's underground third line next September, said Ismail…
Egypt Seen Iraqi Investments up to $1 bln in 2015 – Official
The volume of the Iraqi investments in Egypt will record US$ one billion next year, said Waleed Helal, Chairman of…
Drake & Scull inks EGP4.2 bln Pact for Tahrir Petrochemical Project
Drake & Scull International has recently signed an agreement with Egypt-based company Carbon Holdings as part…
Citadel Capital Receives $112mn Offer to Buy Stake in Sphinx Glass
Citadel Capital (CCAP.CA) announced on Tuesday it has received a US$112 million offer to acquire all Sphinx Glass…
Egypt’s Economic Investments May Up EGP340bln by 2015:Minister
Its expected that the growth rate of the Egyptian economy will inch from 3 to 5.3% , noting that the expected…
Pfizer Boss Enters Lion’s Den of UK Politics to Sell Astrazeneca Deal
The boss of U.S. drugmaker Pfizer faces UK lawmakers on Tuesday with a promise and a threat - to protect British…
South Valley Eyes to Boost Cement Production to 3mln Tons in 18 Months
South Valley Cement eyes to boost cement production volumes to reach 3 million tons within three and a half years,…