BG Group Profit Drops as Production, LNG Shipments Decline
BG Group Plc (BG/)’s profit dropped 4 percent in the third quarter as the U.K.’s third-largest gas producer cut…
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Egypt’s Citadel Sees Share Issue Laying Grounds for Turnaround
Buoyed by prospects for $528 million flushing into its coffers from a planned share sale, Egyptian private equity…
Suez Cement Says Net Profits Jump by 7% in 9 Months
Suez Cement (SUCE.CA), one of Egypt's largest cement makers by market value, has announced on Wednesday an increase…
Suez Canal Q3/13 Revenues Hit $1.3 bln
The revenues of the Suez Canal increased by 0.8 per cent to reach about $1.326 billion during the third quarter of…
Lecico Egypt: French Operations To Apply For Court-Approved Bankruptcy
Lecico Egypt (LCSW.CA), in reference to its press release dated 21 October 2013, has confirmed that Lecico France…
Egyptian Steel Plans IPO for 25-30% of Capital in 2015
Egyptian Steel Company, which currently produces 300 thousand tpa, is gearing up for converting into a public…
Suez Canal Says 2.6 mln Tons on 46 Ships Have Crossed Today
Egypt's vital waterway Suez Canal witnessed on Sunday the crossing of 46 ships at weight of 2.647 million tons. 22…
Quarterly Profit Tumbles at Egypt’s Eastern Company
Eastern Company (EAST.CA), Egypt's top cigarette maker, posted a 41.5 percent drop in net profits for the three…
Egypt’s Military Contributes to High-Speed Rail Funding: Minister
The Egyptian National Railways body (ERN) will add high-speed rails to its services at an EGP 70 billion ($10.16…
Euromoney Conference 2013 Set to Tackle the Future of Egypt’s Economy
Euromoney Conferences, the events arm of Euromoney Institutional Investor plc, returns to Cairo for its 19th…