Latest in Tag: business news Highlight
Latest in Tag: business news
Additional EGP 500m investments expected for new opportunities: SODIC managing director
Cash flow for next five years expected to be EGP 17bn, company is interested in coastal opportunities, says Ahmed Badrawi
CPA refers 8 channels to prosecution for misleading ads
The advertisements featured medical products that claimed to be registered at the Ministry of Health
Housing projects, land offered at month’s end: Minister of Housing
Allocation of EGP 28bn underway for new housing budget
EGP 1.6bn capital increase approved by Palm Hills’ general assembly
Real estate company seeks to expand its commercial and residential portfolio
SODIC estimate clients’ contract to be EGP 4.1bn
Company to invest EGP 2.3bn and deliver 684 units in all projects
On first day of Putin’s visit, stock indexes slightly drop
Positive yields from Putin’s visit could influence the capital market on the long term
EBRD provides ADES with $28m loan
Loan sought as milestone for company to boost competitive private sector advantage, says co-founder
5 commercial land parcels offered in Sheikh Zayed and New Cairo
Commercial land parcels to be used for restaurants, document coping centres and cafeterias amongst other projects
4 Bedouin development communities created in North Sinai
155 feddans will be utilised for agriculture and fish farming, says minister
Papyrus fund aims to raise $250m for tourism projects
Fund will be presented at March Economic Summit in Sharm El-Sheikh
Following deposits’ ceiling, dollar to remain stable until March summit: Officials
CBE placed ceiling deposit of $10,000 per day and $50,000 per month
6-year-high in capital market, EGX-30 reaches 10,055 points
13 companies listed during 2014, new listings expected in 2015
Dollar stable at EGP 7.53 at CBE, EGP 7.63 at NBE
Rate ranges between EGP 7.8 to EGP 8 in unofficial market.
Output and new orders of private companies decline: HSBC
Lower demand contributed to output, the bank stated
Economic, marketing studies for logistics centre conducted by 7 companies: Hanafy
Negotiations with African Development Bank to finance studies to take place, supply minister said
5 tourism projects worth EGP 5.3bn to be offered at Economic Summit: Zaazou
Tourism resorts to be constructed in Hurghada, Marsa Allam and North Coast
Pharmaceutical, petrochemical, automotive industries most promising in Suez Canal project: Dar Al-Handasah official
Containers trade at Port Said’s port can reach 20 million containers in 15 years, Yehia Zaki said
Steel companies anxious about market fluctuations: Experts
Companies keep prices stable, waiting for economic improvements
CEOs view 2015 world economic growth with less optimism: PWC
Over-regulations, availability of key skills and government response to fiscal deficit and debt burden are among the main concerns in 2015
Beltone Capital to hold private stock issuance, construct $100m solar station
50 MW solar energy facility will be in cooperation with Total Egypt
Qatari Diar receives long-awaited approvals for tourism project
The company has two projects in Egypt
Dollar to reach EGP 8 by the end of June: Emirates NDB
Depreciation can happen at a faster pace, the bank says
Petroleum, energy ministers will discuss energy issues with Business News
Business News Media and Conferences Foundation will hold the second annual energy conference entitled “Energy and Future of Investment in Egypt”, under the auspices of Sherif Ismail, Minister of Petroleum, and Mohamed Shaker, Minister of Electricity. The conference will take place in the Intercontinental Hotel – City Stars on the 22 February 2015. Business News Chairman …
Aston Martin launches in Egypt
Various models of Aston Martin will be available on order
Egypt seeks pivotal role in energy trade: Al-Sisi
Following 25 January Revolution, Egypt has suffered from recurring power cuts
Dollar value rises to EGP 7.19, further 5% devaluation expected
Government faces pressure to combat black market before the March Economic Summit
Capital market gains EGP 6bn on EFTs’ first trading day
EGX committee approved listing of ETFs in 2014 with initial value of EGP 10m
External debt rises to $46.1bn at end of June 2014
Ratio of external debt to GDP registers 16.4% compared to 17.3% YoY, the CBE said
Egyptian exports inched up by 0.15% during 2014
Exports declined in December to $1.84bn, compared to $1.915bn the previous month
Effect of oil prices to reflect on Q3 2014/2015: Osama Kamal
Brent crude oil decline to $50 per barrel