Business
Sky? Skype? EU court backs Murdoch over Microsoft in name battle
May 6, 2015
Sky? Skype? EU court backs Murdoch over Microsoft in name battle
In a clash of corporate titans over naming rights in a fast-changing industry, Microsoft and its Skype phone service came…
Prof of Economics Galal Amin at AUC: Govt has no real development plan
May 5, 2015
Prof of Economics Galal Amin at AUC: Govt has no real development plan
Contradicting current economic theories, Galal Amin, professor of economics at the American University in Cairo, spoke in an interview with…
Newspaper: 8 banks offer LE10bn loan to Egyptian Electricity Company
May 5, 2015
Newspaper: 8 banks offer LE10bn loan to Egyptian Electricity Company
A group of 8 banks have offered to provide the Egyptian Electricity Holding Company (EEHC) with a LE10bn loan, aimed…
Egypt’s market gains LE6.7 billion on Tuesday, EGX30 rises 2.04%
May 5, 2015
Egypt’s market gains LE6.7 billion on Tuesday, EGX30 rises 2.04%
Egypt's market boosted its gains for the second day in a row, as the EGX30 on Tuesday's session rose by…
Tourism expert: Developing duty free shops important
May 5, 2015
Tourism expert: Developing duty free shops important
Atef Abdel Latif, tourism expert and member of the Marsa Alam and South Sinai investors associations, has stressed the need…
Egypt’s GB Auto says shareholders take up $125.8 mn cash call
May 5, 2015
Egypt’s GB Auto says shareholders take up $125.8 mn cash call
Shareholders in Egypt's GB Auto have subscribed to almost all of its LE960 million ($125.82 million) rights issue as the…
Egypt’s FIHC tenders to buy soybean oil and sunflower oil
May 5, 2015
Egypt’s FIHC tenders to buy soybean oil and sunflower oil
Egypt's state-backed Food Industries Holding Company (FIHC) has issued an international tender to purchase up to 25,000 tonnes of crude…
Emaar Misr’s Egypt unit aims to raise $367 mn
May 5, 2015
Emaar Misr’s Egypt unit aims to raise $367 mn
Egypt's Emmar Misr said on Tuesday its board had recommended to shareholders that the developer offer 600 million shares on…
NTRA: Cabinet to decide on WhatsApp voice application next week
May 5, 2015
NTRA: Cabinet to decide on WhatsApp voice application next week
The Cabinet will determine whether to allow the continued use of the WhatsApp voice application in Egypt on Sunday, according…
Businessmen: Maximizing investment opportunities among African countries needs government support
May 4, 2015
Businessmen: Maximizing investment opportunities among African countries needs government support
Businessmen have said that the private sector of the economic bloc which will be formed with 26 countries of the…