Market & company news investors should track in the past week
Orange Egypt to complete management restructure by September
Latest in Tag: company Highlight
Latest in Tag: company
Earnings and company news you should know about in the past week
North Cairo Mills profits soars 163% in FY16/17 The financial indicators of North Cairo Flour Mills showed a rise in profits by 163% year-on-year in fiscal year 2016/2017, according to a bourse filing. The company said in a statement to the Egyptian Exchange (EGX) that profits amounted to EGP 66.7 million compared to EGP 25.4 …
Administrative Court suspends government freeze to Abu Trika’s assets
The verdict is âfinalâ and âenforceableâ, says Abu Trikaâs lawyer
Syria ranked most established companies with 126 companies, Saudi Arabia second with 84 companies and Jordan follows in third with 32 companies
Service sector attracts most investments, while tourism is the least attractiveÂ
Committee rejects Abu Trikaâs appeal over assets freeze
Abu Trikaâs assets were frozen following the committeeâs decision to confiscate properties belonging to a company the former footballer had shares in
Government settles Saudi-Egyptian dispute for EGP 30m
Saudi investors compelled to pay costs of Sheraton Hurghada resort road transfer
74.2% Y-o-Y increase in Palm Hillsâ revenues
Net profit reached EGP 353.3bn, according to real estate company
Workers strike at Helwan steel company
Production process stopped, workers to continue striking until demands are met, says labour leader
OCI NV pursues dual listing in Egypt, UAE
Company is targeting to list on the two exchanges during the first quarter of 2015
University professors gain government assurances on new law
9 March movement vows to continue working to âdefend the independence of universities and academic freedomsâ
Company workers stage sit-in in Suez
Workers object to last weekâs dismissal of nine employees
Egyptâs Talaat Moustafa posts 15% increase in Q1 net profit
Reuters – Egyptian property developer Talaat Moustafa posted a first-quarter profit after tax of EGP 160.8m ($23m) on Wednesday, up 15% from a year earlier, it said in an emailed statement. Revenues fell to EGP 1.14bn from EGP 1.52bn, it said.
Abraj Misr preparing to go public on EGX in 2015
Real estate company to implement new projects in New Cairo, Heliopolis and north coast region
Cabinet understands need to provide workers with incentives: spokesman
A meeting was held between officials from the Iron and Steel Factory and labour and union representatives
ETUF declares solidarity with striking iron and steel workers
Minister of Manpower discussing worker demands with cabinet; parent company attempting to solve the issue
EIPR condemns âsecurity interferenceâ in Suez strike
The Egyptian Initiative for Personal Rights says workers seriously threatened by security officials
Petrojet workers head back to the pickets
Workers yet again raise their demands for contracts with the company after two years of intermittent protests
Convictions against striking workers overturned
Alexandria appeals court finds in favour of five workers
Workers protest for reinstatement
Petrojet employees were allegedly dismissed when their contracts expired
Medical insurance sector debated
Experts discuss how medical insurance companies can best position themselves for success in the coming years
Workers clash with Petrojet company security
Workers who have been unemployed for nearly two years were expecting the company to offer them jobs
Workers disagree on Ideal privatisation
Workers from Ideal protest ahead of courtâs verdict on privatisation case
No Point Perspective Dance Company
The company encourages people to volunteer and accepts all sorts of dance enthusiasts
Lack of labour reform: Egyptâs ticking time bomb
The recent history of Egyptâs labour force under Mubarak and SCAF points to an uncertain future if the status quo does not change under Morsi
Anti-Japanese protests continue across China
Territorial dispute over uninhabited islands reignites old tensions as anti-Japanese protests shut down major Japanese companies in China
Kurdish oil dispute: US advocates companies to cooperate with Baghdad
Baghdad threatens Kurds with budget cuts
Misr Real Estate Assets buys land worth EGP 300m from NBE and Banque Misr
By Asmaa Nabil Misr Real Estate Assets (MREA) has purchased 27.3 thousand metres of land from the National Bank of Egypt (NBE) and Banque Misr, valued at EGP 300 million. An official at Banque Misr said that MREA won the auction held last month for the two plots of land as part of plan to …
Morsyâs business committee tackles tourism in inaugural meeting
Committee recommends centralisation of tourism sector and long-term loans to aid ailing market
Developers adapt to changes by diversifying marketing policies
Real Estate companies changing market policies, mostly using a sales-marketing focused approach
Printing and Packaging industries turn profit despite stagnant economy
Some industries are remain considerably profitable despite the deteriorating state of the economy