Egypt’s NUCA allocates $45million for Sheikh Zayed City in FY 2016/2017
Egypt’s New Urban Communities Authority (NUCA) allocated 400 million Egyptian pounds ($45million) in favour of…
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IKEA CEO says on track for 50 billion euro sales goal
Furniture retailer IKEA Group expects to grow sales about 8-10 percent in its current financial year, leaving it on…
Egyptian Tourism Development eyes $83mn revenues in FY2016-17
Egyptian Tourism Development Authority (TDA) plans attaining revenues estimated at 740 million Egyptian pounds…
Citigroup’s Q1 results suggest tough year ahead
Citigroup Inc (C.N) reported a sharp decline in quarterly profit on Friday, hit by weak revenue, costs related to…
Asia shares near 2016 highs as China trade rebounds
Asian shares came close to their highs for the year on Wednesday after surprisingly upbeat Chinese trade data…
Indian temple fire kills nearly 80, triggered by fireworks display
A huge fire swept through a temple in India's southern Kerala state early on Sunday, killing nearly 80 people and…
Egyptian Gas Cool Co. profits rose 49% in 2015
The Egyptian Company For Refrigeration By Natural Gas – Gas Cool has boosted annual profits by 49 percent to 33.7…
SODIC’s projects investments cost mounts to $792mn in 2015
Egyptian real estate developer six of October Development & Investment (SODIC) announced that the investments…
Egyptian Iron & Steel Co. plans $13mn-investments in FY16-17
Egyptian Iron and Steel Company is planning to inject investments worth 103.275 million Egyptian pounds (around…
Japan central bank to cut next fiscal year’s growth, price estimates
Japan's central bank is expected to cut its economic and price forecasts for next fiscal year at a quarterly review…
