Majid Al Futtaim Says to Wait for Stability in Egypt, Syria Before Investing
Dubai's Majid Al Futtaim Holding (MAF), the sole franchisee of hypermarket chain Carrefour (CARR.PA) in the Middle…
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industry & trade
Grenada Says Egyptian Tycoon Sawiris Planning Major Hotel Investments
Grenada's state-run news agency says an Egyptian telecom mogul and politician is investing millions in the…
Pay up or Dry up – Egyptian Gas at a Crossroads
An offshore gas find in the Nile Delta is strong new evidence that Egypt has the resources to end power cuts and…
GB Auto Bets on Geely Cars and Expansion Beyond Egypt
Egypt's biggest car assembler GB Auto (AUTO.CA) is betting on cheaper, locally assembled Chinese vehicles and…
Egypt Faces Third Revolution Unless Workers’ Demands Are Met, Warns Union
Egypt may eventually face its third revolution since 2011 if the country's new government does not meet the demands…
Dana Gas Says Egypt Can Pay Back Dollar Debt in Local Currency
Dana Gas PJSC offered to allow Egypt to pay back part of the $290 million owed to the company in local currency to…
Dana Gas Waits on $600 mln in Payments from Egypt, Kurdistan
Dana Gas PJSC (DANA.AD) is willing to increase output capacity in Egypt if the government there pays "sufficient"…
KIMA Egypt Says Net Profit 21.6% up in FY12/13
The Egyptian Chemical Industries (Kima) (EGCH.CA) announced a 21.6 percent increase in its net profit for the…
Egyptian Iron & Steel, Tata Ink Pact to Develop Production Capacity
Egyptian Iron and Steel (HADISOLB) (IRON.CA) - Major Steel Producing Company in Egypt – announced that it has…
Ezz Dekheila Steel H1 Net Profit Rises 203%
Egypt’s Al Ezz Dekheila Steel Co. (IRAX.CA), a unit of Ezz Steel (ESRS.CA), posted a 203 percent rise in its first…