Europe needs flexible EV transition schedule – Renault CEO
Renault CEO Luca De Meo has voiced concerns over Europe's timeline for transitioning to electric vehicles (EV),…
Browsing Tag
costs
French inflation dips to 2-yr low
French inflation fell more than anticipated in January, hitting the lowest point since before the Russian invasion…
Costs of building materials in UAE decline amid coronavirus
The costs of manpower and some building materials used in construction projects in the United Arab Emirates have…
Egypt’s AAIB bank net profit falls 2.4%, hit by tech-upgrade costs
Egypt's Arab African International Bank (AAIB) posted on Wednesday a 2.4 percent decline in first-half net profit…
Soaring production costs lead to liquidation of Egypt’s National Cement
Due to continued financial losses and debt accumulation, the government has decided to liquidate the National…
Egypt’s GASC amends wheat purchase terms to ease costs for suppliers
Egypt's state grain-buyer GASC has amended some of its wheat purchasing tender terms to reduce costs for suppliers…
Dollar prices fall, Swedish crown extends rally
Dollar prices fell for a third day on Friday against a basket of currencies as traders booked gains on its recent…
Dollar edges higher; focus on Fed minutes and US debt auctions
Dollar prices inched higher on Wednesday as the near-term focus shifted to the minutes of the Federal Reserve's…
European stocks close lower amid global market turmoil; Amundi slips 6%
European stocks closed lower Friday, as investors monitored global concerns about soaring volatility and rising…
Egypt to establish first blood derivatives plant: minister
Egypt's Minister of Health Ahmed Emad has unveiled the first blood derivatives plant in the country, which he…
Sisi: 25,000 new homes built for risky slum dwellers over the past 4 years
Egyptian President Abdel Fattah al-Sisi said Wednesday that the state had implemented 25,000 housing units to…
Sisi: Egypt to finalises 7,000-km road flagships mid 2018
Egypt seeks to complete 7,000km-road projects within 30 June 2018, at total costs exceeding 85 billion Egyptian…
Egypt on track to execute three plants in El-Dabaa: Housing Minister
Egypt is carrying out two water desalination stations and one sewage plant in El-Dabaa city, 183.9 miles (295.9km)…
Egypt’s Al-Abd to deliver two housing, infrastructure projects in Q1
Egypt’s construction company Al-Abd says it prepares to deliver two housing and infrastructure flagships within the…
HCCD to deliver 39 residential buildings in Egypt’s new capital next June
Egypt’s Holding Company for Construction and Development (HCCD) plans to deliver 39 residential buildings within…
Egypt to hand over development flagships in Q1-2019: Housing Minister
Egypt seeks to deliver a number of development projects within the first quarter of 2019, with investments of…
Egypt’s Housing finalises 106 drinking water and sewage flagships
Egypt Housing Ministry has completed 106 drinking water and wastewater projects in Greater Cairo and Alexandria,…
Egypt’s Hassan Allam contracts for 4 infrastructure flagships in governorates
Egypt’s state-owned construction firm Hassan Allam announces it has signed contracts to carry out four sanitation…
Egypt’s property developer Wadi Kom Ombo wins mandates worth 59 mln pounds
Egypt’s property developer Wadi Kom Ombo for Land Reclamation Company announced Sunday it has been assigned to…
Egypt on track to carry out 89-km third phase in national roads network
Egypt’s Ministry of Transport unveils that it is executing the third phase of around 89 km within the county’s new…
Egypt’s electricity distribution firms to complete cables maintenance works next year
Egypt’s electricity transmission companies will complete their annual scheme for the maintenance works of cables…
MEDCOM in talks to carry out villas in New Cairo next year
Egypt’s Misr Engineering Development Company (MEDCOM) is negotiating with a number of real estate developers to…
Egypt’s ECIC seeks road project mandates in Obour City next year
Egyptian Company for Integrated Contracting (ECIC) hopes to win a mandate to execute some road flagships in Obour…
Egypt’s costs of subsidised petroleum products up 68% in Q1-FY2018
Egypt's cost of subsidised petroleum products rose 68 percent to 23.5 billion Egyptian pounds ($1.33 billion)…
ECIC to deliver road flagships in Port Said and Sinai next March
Egyptian Company for Integrated Contracting (ECIC) targets delivering a number of its ongoing road projects in Port…
Cabinet passes final regulations to bring Egypt’s new investment law into effect
Egypt's Cabinet on Wednesday passed final regulations for a new investment law aimed at drawing foreign investment…
Hassan Allam establishes piers of 1.4bn pounds in East Port Said
Egypt’s state-run construction firm Hassan Allam says it is executing a number of piers in East Port Said region,…
Homebuilding costs in Egypt new capital rise to 1.97 bln pounds
Costs to establish 78 housing buildings at the first residential district in Egypt’s new administrative capital…
Central Bank Governor Amer says Egypt inflation has peaked
Egyptian Central Bank Governor Tarek Amer said inflation in the most populous Arab country has peaked after policy…
Dubai wins a mandate for final phase of solar park
The Gulf desert emirate of Dubai on Saturday announced the award of a $3.8-billion contract for the final phase of…
Higher credit impairments erode Emirates NBD’s Egypt H1 profit
Emirates NBD, Dubai's largest lender, reported Thursday a 10.5 percent fall in first-half profits in Egypt. The…
AT&T studies sale of home security business: sources
AT&T Inc (T.N) is exploring options for its Digital Life home security business, including selling it, as it…
European stocks close sharply lower as euro surges
Bourses in Europe closed sharply lower on Friday as euro strengthened and fresh corporate earnings failed to…
Egypt’s Hassan Allam says won a mandate to develop new roads in H1
Egypt’s state-run construction firm Hassan Allam says it has won a mandate to execute a number of road projects in…
Egypt’s Al-Abd says delivered 95 social housing buildings in 2016
Egypt’s construction firm Al-Abd, an affiliate of the country’s Holding Company for Construction and Development…
Egypt’s South Valley Cement posts 53% fall in Q1 profits
South Valley Cement Company (SVCC) reported Sunday a 53 percent fall in its first quarter profits , due to…
201 projects worth 2.3 bln Egyptian pounds approved in April: industry minister
Egypt's Trade and Industry Minister Tareq Qabil said that 201 industrial projects, with total costs of 2.3 billion…
Facebook bulls need to watch out for European regulators
Facebook momentum traders may want to remember the name Margrethe Vestager when they start making bets on the…
Egypt mulls increasing food subsidies by 29%: finance ministry
Egypt's government is considering raising monthly food subsidies received by millions of Egyptians by 29 percent to…
High oil import costs inaugurate expansion for crops in Egypt
The costs of high oil import led to opening the cultivation of oil crops’ file in Egypt. Abdul Moneim El-Banna,…