Guides & Analytics
Al Arafa Investment Alters Forall Group’s Controlling Stake
Egypt's largest garment exporter, Al Arafa Investment and Consulting (AIVC.CA) announced on Sunday the alteration of the controlling stake owned by the Italy based…
Egypt Resolved its Dispute with Developer SODIC- Minister
Egypt has settled a dispute with property developer SODIC (OCDI.CA) over one of the company's main projects after the firm accepted to pay $129.08 million in…
EGP500mn Capital Allocated for Egyptian Co. for Road Projects – Minister
Egypt’s Transportation Minister Ibrahim El-Demeiry attended today the first meeting with the Egyptian Company for Road Projects, which will begin operations with a…
Chimi Art Egypt Says to Launch EGP12mn New Plant by 2015
Chimi Art for Chemicals is planning to finalize its new plant for producing Ferric Chloride with EGP12 million investment cost in Sixth of October Industrial Area by…
As Profit-taking Mounts, Egypt Shares Lose EGP7.7 billion on Sunday
Egypt’s stock market ended harshly lower on Sunday, with losses totalling 7.7 billion Egyptian pounds as local investors extended profit-taking bout. The main stock…
Egyptian Life Takaful Launches 1st Mutual Fund Worth EGP100 mln
Egyptian Life Takaful Company launched today its first mutual fund, with an initial capitalization of EGP 100 million. Within the upcoming period, the Egyptian Life…
Egypt, PSC Delegation of African Union Meet to Review Regional Issues
Eng. Ibrahim Mehleb, Egyptian Prime Minister met a delegation from Peace and Security Council (PSC) of the African Union in order to review several issues in Africa.…
ADIB Egypt: Net Positive Income Hit EGP103mn for 1st Time Since 2007
Abu Dhabi Islamic Bank (ADIB) – Egypt announced on Sunday its financial results for the year ending 31st December 2013. The Bank reported gross revenues of EGP 580…