Industry & Trade Egypt Court to Rule in Sawiris Tax Dispute in October: OCI Yomna Yasser Sep 17, 2014 0 An Egyptian court will issue a final ruling on Oct. 28 that may clear Nassef Sawiris, billionaire ex-chief…
Industry & Trade Egyptian Court Ratifies Tycoon Nassef Sawiris’ 3-Year Jail Sentence Yomna Yasser Sep 15, 2014 0 An Egyptian misdemeanour court ratified Sunday a court order sentencing billionaire construction tycoon Nassef…
World European Stocks Drop Sharply; Bouygues Loses Bidding Fight Yomna Yasser Apr 7, 2014 0 European stocks dropped Monday, hit in the wake of Friday's selloff on Wall Street that left the Nasdaq Composite…
Industry & Trade Egypt’s Cabinet Approves Use of Coal for Power Generation Yomna Yasser Apr 3, 2014 0 Egypt's cabinet on Wednesday approved the use of coal for power generation after a fierce debate within the…
Industry & Trade Egypt’s Public Prosecutor Fully Exonerates Sawiris’ OCI of Tax Evasion Claims Yomna Yasser Mar 4, 2014 0 OCI N.V. (Euronext: OCI) announced today that the Egyptian Public Prosecutor has fully exonerated the Company’s…
Financial Institutions Gras Savoye Egypt Inaugurates its Second Affiliate Abroad, in Jordan Yomna Yasser Feb 13, 2014 0 Gras Savoye Egypt – Insurance Broker inaugurated its new branch in the Hashemite Kingdom of Jordan on Wednesday.…
Industry & Trade Egypt: OCI’s Referral to Prosecution is ‘Inevitable’ over EGP900mn Tax Arrears Yomna Yasser Jan 12, 2014 0 The decision to refer Orascom Construction Industries (OCI) - which is owned by Egyptian business tycoon…
Industry & Trade OCI Reportedly Defaults in Paying EGP900mn Tax Arrears Yomna Yasser Jan 5, 2014 0 Orascom Construction Industries (OCI), which is owned by Egyptian business tycoon Nassef Sawiris, has delayed in…
Industry & Trade Lafarge Net Profit Stable on Rising EM Demand Yomna Yasser Nov 6, 2013 0 French cement maker Lafarge's (LG.FR) net profit was stable in the third quarter despite lower sales thanks to…
Industry & Trade Lafarge Aims to Cut Debt Below €9 bln in 2014 Yomna Yasser Jul 26, 2013 0 Lafarge confirmed its goal to shrink debt below 10 billion euros ($13 billion) this year and said it would aim to…