Egyptian dairy firm Domty to start IPO in 2016: bourse chief
The Listing of Arabian Food Industries (Domty) will be the first Initial Public Offering that the Egyptian…
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industry & trade
GM posts record profit in 2015 triggered by North American sales
General Motors Co rode sales of SUVs and pickup trucks in North America to a record profit in 2015, and reaffirmed…
Egypt invites Russia to join oil exploration, production licensing rounds
Egypt is inviting Russian oil and gas companies to take part in international licensing rounds…
Egypt says 2016 agricultural exports to Russia to hit 1mn tonnes
Egypt intends to increase its exports of vegetable and fruits to the Russian market to one million tonnes by the…
Egypt, Russia, UAE to sign deal on joint investment fund tomorrow
Egypt, Russia, and UAE will sign in Cairo Tuesday an agreement to establish a tripartite investment fund, Egyptian…
Egypt allocates 2 million metres for Russia’s industrial zone
Egypt has agreed to allocate 2 million metres of state land in East Port Said region to establish the Russian…
Russia eyes boosting trade exchange with Egypt to $5.7 billion – official
The Russian-Egyptian Business Council is seeking to increase the volume of trade exchange between the two countries…
Russian-Egyptian business forum opens in Cairo
The Egyptian-Russian Business Forum has kicked off in Cairo Monday, with the participation of 60 Russian firms…
China’s Sinoma signs $19.5m contract with Egypt’s South Valley Cement
Egypt-based South Valley Cement Co. (SVCE) has signed an EPC contract with Chinese firm Sinoma CDI, to allow its…
Kima Egypt 6 months profits drop 12%
Egyptian Chemical Industries (KIMA) reported net profits of 25.6 million Egyptian pounds (US$3.2 million) for the…
