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Latest in Tag: firms Highlight
Latest in Tag: firms
IPS Riyadh to start in December with 16 Egyptian real estate firms
City Edge Developments is the event’s strategic sponsor, and AAIB is the platinum sponsor
Three private Egyptian firms finalising their listing procedures for EGX in 2019
We are still underdeveloped in establishment of REITs, says EGX Chairperson
MIIC prepares for Japanese business mission of 50 firms
Cooperation with Japan witnessing remarkable leap, says Nasr
41 Vietnamese firms’ representatives, eight Egyptian ministers agree on boosting cooperation
Nasr exposed Egypt’s megaprojects opportunities including SCZone, New Administrative Capital
Firms expect improvement in exports, investment policy, stock market, energy system
Most firms expect improvements in exports in the coming quarter, as well as in investment policy, due to a more enabling environment availing to increase foreign direct investments, according to the Business Barometer (BB) March 2018 survey by the Egyptian Centre for Economic Studies (ECES). The BB said that firms expect improvement in the stock …
Egypt’s debt to foreign oil firms up at $5.7bn
Reuters – Egypt’s debts to foreign oil companies operating in the country rose to $5.7bn by the end of March, the head of the state-run oil company told Reuters, up $800m from the government’s last reported figure despite recent repayments. Money owed to foreign oil majors including BP and BG Group totalled $4.9bn in December, indicating Cairo’s debts to …
Egypt to pay some $1bn owed oil firms within two months: Minister
Reuters – Egypt will pay about $1bn of the money it owes to foreign oil companies within the next two months, the state’s MENA news agency said, quoting Oil Minister Sherif Ismail. Egypt says it owes some $6.3bn to those companies. It last year said it paid $1.5bn of the money it owes the international firms as part of …
Turkish lira firms on hopes US tapering continues only steadily
The Istanbul share index rose 1.25% to 62,553.32 points, outperforming the wider emerging markets index, which was up 0.39%.
Egypt says to complete $1.5bn payment to oil firms this week
Approval of the $1.5 billion payment was announced by the government on 4 December.
Egypt to pay $1bn to foreign oil firms Monday: Central Bank
Egypt pledged last week to pay $300 million of the money it owes to foreign oil companies in Egyptian pounds starting in December as part of a $1.5 billion repayment scheme designed to revive confidence in its economy after years of turmoil.
Egypt agrees on timetable to pay $3bn to oil firms
Reuters – Egypt has agreed on a timetable to pay $3 billion of the $6.3 billion it says it owes foreign oil companies, the state news agency reported, as part of the drive to revive confidence in its economy hammered by nearly three years of political turmoil. The most populous Arab state struck deals to pay the amount in …