Egypt plans to develop 83 shanty towns during FY 2016/17
Egypt’s Informal Settlement Development Fund (ISDF) is planning to develop 83 slums distributed in 18 governorates…
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Radioactive material stolen in Iraq raises security fears
Iraq is searching for "highly dangerous" radioactive material stolen last year, according to an environment…
Egypt’s National Cement attains $42mn revenues in six months
Egypt's National Cement has obtained total revenues estimated at 328.164 million Egyptian pounds (US$41.9 million)…
Abu Qir Fertilizers six-month net profit reaches $65mn
Egypt's Abu Qir Fertilizers has attained net profit of 506.6 million Egyptian pounds (US$64.6 million) during the…
Egyptian TV host El-Beheiry to serve 1-year sentence after denying appeal
The Misdemeanour Court of Al-Gamaliyya rejected the appeal of TV host Islam El-Beheiry Tuesday after the verdict he…
Russia’s industrial zone to operate by FY2016-17; Egypt’s trade minister says
Russia's industrial zone , which is set to be established in eastern Port Said, can start operating in fiscal year…
Ethylene producer Ethydco targets $600mn sales in Egypt
The Egyptian Ethylene and Derivatives Company (Ethydco) targets its sales volume to record US$600 million during a…
Despite weak start to year, Wall Street stocks have room to rebound
Wall Street has started the new year where it ended 2015, with a host of factors unnerving investors. U.S. stocks…
New year brings minimum wage hikes for Americans in 14 states
As the United States marks more than six years without an increase in the federal minimum wage of $7.25 an hour, 14…
Egypt’s Nasser Social Bank plans long-term investments worth $766mn
Egypt's Nasser Social Bank is targeting a long-term investments estimated at 6 billion Egyptian pounds (US$766…
