Business
Sources: Egypt’s Midor refinery seeks $400 million via IPO
April 14, 2015
Sources: Egypt’s Midor refinery seeks $400 million via IPO
Egypt's state-owned Middle East Oil Refinery (Midor) seeks to raise $400 million with an initial public offering (IPO) in the…
Report: MENA IPO activity remains low
April 14, 2015
Report: MENA IPO activity remains low
The first quarter pf 2015 ended with little progress in stock market activity, as only one IPO from Orascom Construction…
Egypt’s market gains LE1.1 billion on Tuesday, EGX30 up 0.39 %
April 14, 2015
Egypt’s market gains LE1.1 billion on Tuesday, EGX30 up 0.39 %
Egypt's benchmark index EGX30 inched 0.39 percent up on Tuesday's session, reaching 8,927.53 points, and turnover of LE 508 million, according…
Tourism Ministry not to issue new licenses to agencies for another year
April 14, 2015
Tourism Ministry not to issue new licenses to agencies for another year
Mohamed Shaalan, head of the tourist agencies department said that the Tourism Ministry will not issue licenses for new tourist…
EFG Hermes named best Middle East broker
April 14, 2015
EFG Hermes named best Middle East broker
EFG Hermes Securities Brokerage has been named the best Middle East broker at EMEA Finance Middle East Banking Awards 2014,…
Egypt to import US$3.55 bn worth of LNG in 2015-2016
April 14, 2015
Egypt to import US$3.55 bn worth of LNG in 2015-2016
Egypt will import around US$3.55 billion worth of liquefied natural gas (LNG) in the 2015-2016 financial year, an official at…
Govt selects 115 bidders for renewable energy projects
April 14, 2015
Govt selects 115 bidders for renewable energy projects
The Egyptian government has chosen 115 companies to carry out nation-wide renewable energy projects. The companies were among many that had…
CAPMAS: Egypt’s trade deficit decreases LE19.45 bn in Jan 2015
April 12, 2015
CAPMAS: Egypt’s trade deficit decreases LE19.45 bn in Jan 2015
Egypt's trade deficit narrowed to LE19.45 billion in January, from LE24.53 a year earlier, the state's Central Agency for Public…
Media: Emaar chairman insists Dubai developer still his focus
April 12, 2015
Media: Emaar chairman insists Dubai developer still his focus
he chairman of Emaar Properties has insisted he remains committed to the Dubai-based developer in the face of concern about…
Two agreements signed between MIDOR, UOP over expanding oil refinery
April 9, 2015
Two agreements signed between MIDOR, UOP over expanding oil refinery
Petroleum Minister Sherif Ismail has attended the signing ceremony of two agreements between the Middle East Oil Refinery (MIDOR) and…