Egyptian Presidency Adviser to Address Euromoney Conference
Adviser to the Egyptian Presidency Dr. Mostafa Hegazy will give the lunch keynote interview at Euromoney’s 19th…
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industry & trade
Egypt Inks 5 Oil and Gas Exploration Deals Worth $115.5 mln
Egyptian Minister of Petroleum & Mineral Resources Sherif Ismail signed five new agreements with two Canadian…
US Aircraft Carrier and Destroyer Cross Egypt’s Canal and Enter Red Sea
An official at Egypt’s Suez Canal says a U.S. aircraft carrier and a destroyer have crossed the waterway from the…
OCI’s Gavilon Sells Energy Business to NGL Energy Partners at $890 mln
OCI N.V. announced on Thursday that The Gavilon Group, a commodity management firm owned by Ospraie Management,…
Mubarak-Era Tycoon Ahmed Ezz to Be Retried in Monopoly Case
A Cairo court has accepted an appeal by prosecutors against the release of business tycoon Ahmed Ezz and two…
Miner Centamin’s Third-Quarter Profit Drops As Gold Price Bites
Egypt-focused gold miner Centamin said core profit dropped by more than a third in the third quarter, hit by a…
Egypt Denies Israeli Firm Securing Suez Canal
Egypt’s Suez Canal Authority denied Wednesday allegations that Egyptian authorities gave permission to Israeli firm…
Wadi Group Puts off IPO on Egypt Bourse for 3 Years
Wadi Holdings (Wadi Group), a family-owned Lebanese agribusiness company based in Egypt, has deferred its plans to…
Lafarge Net Profit Stable on Rising EM Demand
French cement maker Lafarge's (LG.FR) net profit was stable in the third quarter despite lower sales thanks to…
Toyota Raises Profit Forecast After Abe Helps Weaken Yen
Toyota Motor Corp. (7203), the world’s largest automaker, raised its full-year profit forecast by 13 percent as the…