Egypt

Mubasher to market Anadolu products in Saudi Arabia, Kuwait
Mubasher to market Anadolu products in Saudi Arabia, Kuwait
Posted 15 hours ago

Anadolu Agency has signed today an agreement with Mubasher (DirectFN), the leading IT and data distribution company in the Middle East and Asia, to market its products including news, photos…

Sawiris eyes gold exploration in Egypt
Sawiris eyes gold exploration in Egypt
Posted 15 hours ago

Ministery of Petroleum and Mineral Resources said that the Egyptian billionaire and founder of Orascom Telecom Holding, Naguib Sawiris, is planning to inject huge investments in gold exploration in Egypt.…

Electro Cable establishes 60 mln two cable lines
Electro Cable establishes 60 mln two cable lines
Posted 15 hours ago

Electro Cable - Egypt said , it will establish two CV cable lines with avearge total cost EGP 60 mln.The company expects to complete on line by the end of…

EGX gains EGP 6.9 bln, benchmark surpasses 8250 points
EGX gains EGP 6.9 bln, benchmark surpasses 8250 points
Posted 19 hours ago

Indexes of the Egyptian Exchange (EGX) ended Tuesday’s session collectively higher as market capitalization gained EGP 6.9 billion, supported by the surge of Global Telecom’s stock.Benchmark index EGX30 rose by…

Heliopolis Housing sells 16 land plots worth EGP 24.8 mln
Heliopolis Housing sells 16 land plots worth EGP 24.8 mln
Posted 19 hours ago

Property developer Heliopolis Housing said it sold 16 land plots of total 22 plots allocated for residential villas in New Heliopolis City,through an auction.Heliopolis Housing pointed out that the units…

NBK Capital recommends “Hold” on SODIC
NBK Capital recommends “Hold” on SODIC
Posted 19 hours ago

NBK Capital issued a report on SODIC, defining the stock’s 12-month fair value at EGP 31.01 and recommending a “Hold.”NBK said in its report that the main driver of its…

CBE:upcoming MPC meeting to be held on April 28
CBE:upcoming MPC meeting to be held on April 28
Posted 19 hours ago

The Central Bank of Egypt said ,in light of the announced national holiday on Thursday April 24, 2014, the MPC has been rescheduled to convene on Monday April 28, 2014.

SODIC to launch new phases in Westown, Eastown projects
SODIC to launch new phases in Westown, Eastown projects
Posted 19 hours ago

Sixth of October for Development and Investment Co. (SODIC) said it plans to launch new phases in Westown and Eastown Residence projects. SODIC added that the new phases reflect the…

Mansoura Poultry mulls distributing part of FY14 dividends
Mansoura Poultry mulls distributing part of FY14 dividends
Posted 19 hours ago

Mansoura Poultry will hold board of directors meeting on April 26 , 2014 at 3:00 p.m to look into and approve the reports for the fiscal year that ended on…

Egypt’s budget deficit may reach 14% in FY14/15
Egypt’s budget deficit may reach 14% in FY14/15
Posted 19 hours ago

Minister of Finance, Hany Kadri, reviewed FY14/15 budget showing that deficit may reach 14% if economic reforms are not applied.However, the deficit may fall to 10% when reforms are applied,…

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God supports those who will vote for the constitution: former grand mufti

admin, December 17, 2013

Egypt - Egypt Top Stories

In statements made on Monday, former Grand Mufti Ali Gomaa has urged citizens to vote for the constitution, saying that “God will support them.
2014 will be the year we eradicate illiteracy: Education minister

admin, December 17, 2013

Egypt - Egypt Top Stories

Education Minister Mahmoud Abul Nasr has said that 2014 will be the year illiteracy would be eradicated, targeting three million illiterates.
Hundreds demonstrate outside cabinet building

admin, December 17, 2013

Egypt - Egypt Top Stories

Hundreds of political activists belonging to the 6 April Movement, the rebels and the social revolutionary movements demonstrated outside the cabinet building to commemorate the s...
Cabinet’s information center files report over suspicions of public money embezzlement

admin, December 16, 2013

Egypt - Egypt Top Stories

Public prosecutor and administrative prosecution authority chief received a report from cabinet’s Information and Decision Support Center (IDSC) leading judicial sources to ...
Alexandria prosecution accuses 29 suspects of trying to smuggle prisoners

admin, December 16, 2013

Egypt - Egypt Top Stories

Troops in Alexandria thwarted an attempt to smuggle 40 inmates while returning from court to Borg al-Arab Prison on Sunday, as three vehicles with masked gunmen intercepted t...
Clashes break out between police, Brotherhood students near Defense Ministry

admin, December 16, 2013

Egypt - Egypt Top Stories

Clashes erupted on Sunday between police and Ain Shams University students, affiliated to the Muslim Brotherhood, near the Defense Ministry.

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