Business
Marriott to manage the Mena House Hotel
June 19, 2015
Marriott to manage the Mena House Hotel
Mervat Hatbah, chairman of the Holding Company for Tourism, said the agreement during the Sharm El-Sheikh Economic Conference for the…
Egypt’s market gains LE740 mn in week, while EGX30 index down 0.6%
June 19, 2015
Egypt’s market gains LE740 mn in week, while EGX30 index down 0.6%
Egypt's stock market has witnessed slightly gains of LE740 million this week, and indexes were mixed, Egyptian Exchange data showed. The…
Noble Group to supply Egypt with LNG cargo
June 18, 2015
Noble Group to supply Egypt with LNG cargo
Commodities trader Noble Group will supply a single liquefied natural gas (LNG) cargo to Egypt in late June after winning…
CNN profiles Egypt’s struggling entrepreneurs
June 18, 2015
CNN profiles Egypt’s struggling entrepreneurs
CNN profiles struggling entrepreneurs who are floundering in Egypt's bureaucracy with little help from the government.
Egypt’s SODIC says accepts resignation of managing director
June 18, 2015
Egypt’s SODIC says accepts resignation of managing director
The board of directors at SODIC has accepted the resignation of its managing director, Egypt's third largest listed real estate…
Egyptian pound steady at official auction and on black market
June 18, 2015
Egyptian pound steady at official auction and on black market
Egypt's central bank kept the pound's exchange rate steady at 7.53 to the dollar at a foreign exchange auction on…
Minister highlights Russian interest in energy investments
June 18, 2015
Minister highlights Russian interest in energy investments
Major Russian companies are eager to invest in various Egyptian economic sectors, most notably the energy and natural gas sectors,…
Egypt’s market gains LE1.4 billion on Thursday, EGX30 up 0.24 %
June 18, 2015
Egypt’s market gains LE1.4 billion on Thursday, EGX30 up 0.24 %
Egypt's stock market closed in the green zone on Thursday, as the benchmark EGX30 index inched up 0.24 percent, recording…
Emaar Misr sets IPO price at LE3.8 per share
June 18, 2015
Emaar Misr sets IPO price at LE3.8 per share
Egypt's Emaar Misr has priced its initial public offering at LE3.8 ($0.4980) per share, parent firm Emaar Properties said on…
Egyptian dairy maker Domty plans to list on Cairo bourse by early next year
June 17, 2015
Egyptian dairy maker Domty plans to list on Cairo bourse by early next year
One of Egypt's top dairy makers, Arabian Food Industries Co.(Domty), plans an initial public offering (IPO) on the Cairo bourse…