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Vodafone drops out of bidding for Lebanese mobile contract

Vodafone drops out of bidding for Lebanese mobile contract

 Vodafone Group has scrapped its interest in obtaining a management contract to run one of Lebanon's two state-owned mobile operators,…
UPDATE: Egypt looking to Jordan for LNG cargoes, say traders

UPDATE: Egypt looking to Jordan for LNG cargoes, say traders

Egypt is seeking liquefied natural gas (LNG) from Jordan, three traders told Reuters on Friday, as the two neighbours bolster…
Juhayna’s chairman barred from trading on Cairo bourse -sources

Juhayna’s chairman barred from trading on Cairo bourse -sources

The chairman of Juhayna, Egypt's largest dairy products and juices producer, has been barred from trading on the Cairo bourse…
Suez Canal commemorative coins issued before August end

Suez Canal commemorative coins issued before August end

The Finance Ministry will issue commemorative coins before the end of this month celebrating the inauguration of the New Suez Canal, a…
Govt sugar company: losses at LE100 m due to imports

Govt sugar company: losses at LE100 m due to imports

A government-owned sugar company said it has endured millions of pounds in losses this year due to rising sugar imports. Abdel…
Egypt’s market loses LE3.6 billion on Thursday, EGX30 down 0.94%

Egypt’s market loses LE3.6 billion on Thursday, EGX30 down 0.94%

Egypt's market extended its heavy losses on Thursday's session, as the benchmark EGX30 index went down 0.94 percent, recording 7,172.63…
Aberdeen increases stake in Egypt’s Juhayna to 5.1 pct

Aberdeen increases stake in Egypt’s Juhayna to 5.1 pct

Aberdeen Asset Management increased its stake in Egyptian food firm Juhayna to 5.08 percent from 4.38 percent, the Britain-based fund…
Egyptian pound steady at official auction, weaker at exchange bureaus

Egyptian pound steady at official auction, weaker at exchange bureaus

Egypt's central bank kept the pound steady at 7.73 per dollar at a foreign exchange auction on Thursday, and the…
Million-condo project still being negotiated, UAE developer reiterates

Million-condo project still being negotiated, UAE developer reiterates

Emirati real estate giant Arabtec has said that negotiations are still ongoing with the Egyptian government for a one-million-home project,…
UPDATE: Egypt’s Ezz Steel says output hit by forex shortages

UPDATE: Egypt’s Ezz Steel says output hit by forex shortages

Egypt's largest steel maker Ezz Steel's net loss in the first quarter of 2015 increased to LE136 million ($17 million)…
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