Egyptian state-run construction firms’ business volume rises to 24bn pounds
Number of Egypt’s state-owned construction firms increased its business volume to 24 billion Egyptian pounds ($1.3…
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state-owned
Egypt’s state-run Trans Oceans Tours 9-month profit rises to 1.1mn pounds
Egyptian state-owned Trans Oceans Tours Company’s nine-month net profit jumped to 1.1 million Egyptian pounds…
Egypt’s state-run Canal Shipping Agencies Q1 profits jump to 35.7mn pounds
Egypt’s state-owned Canal Shipping Agencies Company announced Wednesday its first-quarter profits rose to 35.7…
Egypt’s state-run Islamic Gharbia 9-month profits fall to 651,868 pounds
Egypt’s state-owned property developer firm, Islamic Gharbia for Developed Buildings said Tuesday its nine-month…
Telecom Egypt signs 4G mobile licence
Telecom Egypt (TE), the state-owned landline monopoly, has become the first to sign fourth generation mobile…
Egypt studies 8 state-owned oil companies for IPO or share-issuance
Egypt's Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a…
Egypt to sign contracts for shares of state-owned banks, oil companies on EGX
The government is hastening to put its shares in state-owned banks and oil companies up for trade on the Egypt…
Every banker in the world joins in the chase of Saudi Aramco deal
When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned…
Egypt’s Arab Contractors eyes entering into renewable power projects
Egypt state-owned Arab Contractors is looking forward to expanding its volume of business through entering into…
Saudi Aramco finalizes IPO options and plans global expansion
Saudi Arabia's state-owned oil giant Aramco is finalizing proposals for its partial privatization and will present…
Vodafone Egypt owes Telecom Egypt $506.8 mln in deferred profits
Vodafone Egypt owes Telecom Egypt, the state-owned landline monopoly which owns 48 percent of Vodafone Egypt, 4.5…
Egypt Aviation Company net profit rose by 55.3% in 2015
State-owned Egyptian Holding Company for Airports and Air Navigation EHCAAN and its subsidiaries have achieved net…
Russian plan crash incurs EgyptAir losses of $76.5mn: Chairman
The Egyptian state-owned aviation company Egypt Air incurred losses estimated at 600 million Egyptian pounds…
Russia: EgyptAir flights ban is repercussion of air crash
Russian Transport Minister Maxim Sokolov said Saturday Russia's decision to ban incoming flights by Egyptian…
Saudi to convert state real estate fund into bank
Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string of reforms to the…
China issues state-firm reform plans, to push ‘mixed ownership’
China has issued guidance on reforming state-owned enterprises (SOEs), including the introduction of "mixed…
Congolese television airs New Suez Canal inauguration ceremony
The Congolese state-owned television will broadcast live the inauguration ceremony of the new Suez Canal Thursday…
Telecom Egypt unveils New CEO, Chairman
The State-owned landline monopoly Telecom Egypt's new board has chosen on Wednesday the new chief executive officer…
Egypt approves Siemens’ $8.7bln-Deal for Power Generation
Egyptian cabinet has approved on Tuesday a deal between German Siemens and the state-owned electricity holding…