Industry & Trade Sisi launches largest petrochemicals complex in Egypt, Middle East Noha Gad Aug 13, 2016 0 Egyptian President Abdel Fattah al-Sisi launches Saturday petrochemicals complex of Egyptian Ethylene and…
Industry & Trade Berkshire profit up 25 percent as insurance helps, BNSF weighs Noha Gad Aug 6, 2016 0 Berkshire Hathaway Inc on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance…
Banks Egypt’s CIB posts higher net income, revenues in Q2 aya salah Jul 28, 2016 0 Commercial International Bank (CIB) , Egypt's largest listed company, on Wednesday reported a 28 percent rise in…
Financial Institutions Abu Dhabi eyes merger of sovereign funds Mubadala and IPIC aya salah Jun 29, 2016 0 Abu Dhabi plans to merge two of its largest sovereign investments funds as the sheikhdom pursues consolidation in…
forex news Dollar falls, sterling soars as polls show reduced Brexit risk Noha Gad Jun 21, 2016 0 The dollar tumbled on Monday as sterling surged toward its largest one-day percentage gain since 2008 after opinion…
Financial Institutions Egyptian asset manager Beltone Financial to buy NYC brokerage firm aya salah Jun 2, 2016 0 Beltone Financial, Egypt's largest asset manager, signed an agreement to acquire 51 percent of New York-based…
Tech news Telecoms sector biggest supporter to Egypt’s 2016 budget: minister Ghada Ismail Apr 23, 2016 0 The telecommunications sector is the largest supporter to Egypt’s state budget in 2016, said Yasser El-Kady,…
USA Peabody, world’s top private coal miner, files for bankruptcy Noha Gad Apr 13, 2016 0 Peabody Energy Corp (BTU.N), the world's largest privately owned coal producer, filed for U.S. bankruptcy…
Egypt News Egypt’s profitability rates reached 14% : CBE’s Amer Noha Gad Feb 22, 2016 0 Profitability rates in Egypt reached 14 percent, governor of Egypt's Central Bank (CBE) Tarek Amer said Sunday,…
Industry & Trade Italian SACE to develop Egypt’s Midor refinery with $1.2bn Noha Gad Feb 4, 2016 0 Italian joint-stock company SACE is to fund the project of upgrading Egypt's largest oil refinery Midor near…