Guides & Analytics
Dubai retailer MAF to invest $2.3 bln in Egypt
Dubai retailer Majid Al Futtaim, which holds the Carrefour franchise in the Middle East, plans to invest about $2.3 billion in Egypt in the next few years, its…
Egypt to Implement New Rules for Companies on Stock Exchange on Feb 1
Egypt's financial regulator will implement new regulations for companies listed on the stock exchange on Feb. 1 to help boost trading on the bourse and attract more…
Egypt Troubled over Exclusion from American-African Summit
Egypt's foreign ministry criticised a decision by the US administration to exclude Egypt from attending the African-American summit on trade ties with the US, as…
Gunmen on Motorbikes Kill Five Egypt Police
Masked gunmen on motorbikes killed five Egyptian policemen when they opened fire on a checkpoint south of Cairo on Thursday, the interior ministry said. The ministry…
Egypt Shares Gain EGP3.3bn on Wednesay amid Foreign Buying Appetite
Egyptian stocks ended trading higher on Wednesday attaining gains totaled EGP 3.3 billion triggered by foreign buying appetite. The benchmark index closed near 7180…
TE Says Working on Repairing 8 Internet Cables in North Cairo
Mohamed Al-Nawawi, CEO of Telecom Egypt (TE)(ETAL-CA) said 8 main cables of internet services in North-Cairo have cut within the current week and thousands of…
Al Baraka Bank Egypt: Profits Surge 22.04% in 2013
Al Baraka Bank of Egypt reported an increase worth EGP 29.9 million or 22.04% in its profits to hit EGP 165.7 million by the end of 2013, versus EGP 135.8 million by…
Telecom Egypt, TMG Ink Pact to Launch New Network with EGP35 mln
Telecom Egypt (TE)(ETAL-CA) signed an agreement with Talaat Moustafa Group ( Arabian Company for Projects & Urban Development ) in order to provide integrated…