Egypt’s Misr Insurance Holding eyes 31% growth in FY2022/23 net profit
Egypt’s state-owned Misr Insurance Holding (MIHC) is targeting a net profit of 5.8 billion Egyptian pounds ($306.2…
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Hisham Tawfik
Egypt’s commodity exchange to start trading in cotton next year – minister
Egypt’s commodity exchange (EGYCOMEX) will start operations with trading in cotton starting next year, Public…
Egypt aims to start electric car production in mid-2022: minister
Egypt is aiming to start producing an electric car in mid-2022, Public Enterprise Minister Hisham Tawfik said on…
Egypt to set up a new company to market, sell Spinning, Weaving products
Egypt aims at establishing a new company to market and sell the products of the Holding Company for Spinning and…
Egypt’s parliament Oks amendments to public business sector law – minister
Egyptian parliament’s economic affairs committee has approved in principle the amendments to law that regulates the…
Egypt to establish six cotton gins; three to start operations end-2020
Egypt’s Public Enterprise Minister Hisham Tawfik said the establishment of six new cotton gins is underway, with…
Misr Life Insurance National Bank of Egypt sign deal
Egypt’s state-run Misr Life Insurance Company has signed on Sunday a bancassurance agreement to offer and promote…
Egypt’s IPO programme has not been suspended – minister
There was no truth to recent reports that Egypt was suspending its Initial Public Offering (IPO) programme,…
Egypt looking to restore cotton industry to top global markets: minister
Egypt is adopting a new strategy to restore its cotton industry to its place at the top of the global cotton…
Egypt aims to grow construction companies business volume by tenfold – minister
Egypt's Public Business Sector Ministry is currently working on restructuring its affiliated construction companies…
Egypt to establish Ain Sokhna maritime line connecting East Africa
Egypt's of Public Business Enterprise is planning to carry out a maritime line between Ain Sokhna Port and one…
48 public business sector companies lose $3.4 bln in 2018 – minister
48 Egyptian public business sector companies incurred losses totalling around 61 billion Egyptian pounds ($3.4…
Egypt to raise public sector firms’ profits to $1.16bn in 3yrs: minister
Egypt plans to increase public sector firms’ profits to 20 billion Egyptian pounds ($1.16 billion) between two…
Talaat Moustafa named Egypt’s top real estate developer for 2018
Egypt's Talaat Moustafa Group Holding was named on Monday The Top Real Estate Developer in Egypt for 2018, at a…
Egypt govt. committed to previous decisions about cotton crop
Egypt's Minister of Public Enterprise Hisham Tawfik said on Thursday that the government is committed to its…
Egypt considers offering majority stake in more public firms
Egypt is considering adding more companies to the list of state-run firms in which investors can secure majority…
Egypt to see 30bn pounds proceeds from 1st phase of gov’t IPOs
Egypt is looking to allocate around 30 billion pounds in proceeds from selling additional shares in five state-run…
Hisham Tawfik Slams EGX For Collecting Fees From Investors
Hisham Tawfik, Chairman of Arabeya Online Brokerage (AOLB) and Board Member of the Egyptian Exchange,…