Latest in Tag: Daily News Highlight
Latest in Tag: Daily News

Talaat Mostafa Group achieves EGP 4.4bn sales, EGP 476.7m net profit in Q1 2019
TMG Holding announced an increase of its property revenue to EGP 1.2bn by end March

Egyptian-Chinese MOUs signed for administrative capital projects
Projects include construction of new governmental buildings and 15,000 residential units

New health insurance bill should cover all citizens, diseases: EIPR
EIPR outlines set of recommendations for medical insurance bill

Egypt condemns European Parliament calls for Halawa’s release
Ibrahim Halawa is being tried in the case of the Al-Fatah Mosque clashes

Interior ministry claims of Brotherhood âsewage cellâ come under fire
Activists claim 10 of the 17 Brotherhood members reportedly arrested in Alexandria had already disappeared long before the floods

Egyptian Iron Steel, Ezz steel suffer notable losses
A protection fee was imposed on rebar steel in April 2015

New tenders to be offered by NUCA
Last week, the authority offered 5 bids in 3 new cities

Juhayna profits EGP 218.6m in consolidated results
Company took three medium-term loans amounting to EGP 480m

Manufacturersâ request focus on textile sector
Panel explain 24% of non-petroleum exports are textile products

Life expectancy improved in Egypt: LOGIC Management report
Egypt has 8.5 physicians,15 nurses and 16 beds per 10,000 people

Tax increase of flight tickets to bring in EGP 600m: Tax Authority head
Current taxes collected from flight tickets amount to EGP 270m

Orascom Construction Industries registers EGP 789.6m profit in Q1 2015
Company turns to profit after registering an EGP 207.9m during the same quarter last year

Schneider Electric aims to double growth within next 5 years: Executive VP
Company is following governmentâs master plan, which is investing in renewable energy, says FrĂ©dĂ©ric Abbal

Dimian reassesses his new plan
The ministerâs statements did not address any change in the tax plan

Qalaa Holding registers EGP 84.7m losses
Company reported EGP 2.08bn in revenues in Q2 of 2015

IMF visit to take place despite cabinet changes
The delegation will visit Egypt mid-September

Cairo suffers shortage of middle-income housing: JLL
Government and developers need to cooperate in fixing the shortfall, JLL suggested

Barclays profits up 15% in H1 of 2015
Assets inched up 3% to total EGP 18.5bn, while expenses surged to EGP 14%

Al-Sisi visits Beijing, meets with company officials
Several business agreements will be signed during the presidentâs trip

EGX rises minimally, remains affected by global performance
Response of capital market was violent following expectations of a global economic slowdown, Omran highlighted
Customs should be applied on imported steel: Industry official
Steel prices expected to remain stable next month
Capital market plummets 5.42%, losses of EGP 15.4bn
Egyptian capital market saw 33-month low on Sunday
In Pictures: Attack on National Security headquarters in Qaliubiya leaves 29 injured
âIslamic Stateâ claims revenge for âArab Sharkasâ convicts

Figures for tourist arrivals inch up 4.4% YoY: CAPMAS
Libyan tourists take largest share among visiting Middle Eastern tourists, agency highlighted

Arabian Cement studies selling frozen shares
Company held an IPO in May 2014

26.3% of youth unemployed, 51.2% suffer poverty
Youth make up 52% of Egyptâs labour force, a CAPMAS report revealed

Upper Egypt-Red Sea road to be implemented in 1year
Road to cost EGP 104m, the ministry of housing indicated
In pictures: Egypt celebrates New Suez Canal opening
All photos by Ahmed Al-Malky

Egypt implements first office in UAE to revitalise tourism
New office will cooperate with airlines flying into Egypt to create direct flights to Sharm El-Sheikh, Red Sea and North Coast
Petroleum Ministry to supply 1.2m residential units with natural gas this FY
Natural gas delivered to approximately 6.9m residential units from programmeâs start until end of FY 2014/2015