Egyptian President Abdel Fattah al-Sisi launches Saturday petrochemicals complex of Egyptian Ethylene and Derivatives Company (Ethydco) in …
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Industry & Trade
Berkshire profit up 25 percent as insurance helps, BNSF weighs
by Noha Gadby Noha GadBerkshire Hathaway Inc on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance …
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Commercial International Bank (CIB) , Egypt’s largest listed company, on Wednesday reported a 28 percent rise in …
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Financial Institutions
Abu Dhabi eyes merger of sovereign funds Mubadala and IPIC
by aya salahby aya salahAbu Dhabi plans to merge two of its largest sovereign investments funds as the sheikhdom pursues consolidation …
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The dollar tumbled on Monday as sterling surged toward its largest one-day percentage gain since 2008 after …
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Financial Institutions
Egyptian asset manager Beltone Financial to buy NYC brokerage firm
by aya salahby aya salahBeltone Financial, Egypt’s largest asset manager, signed an agreement to acquire 51 percent of New York-based brokerage …
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Tech news
Telecoms sector biggest supporter to Egypt’s 2016 budget: minister
by Ghada Ismailby Ghada IsmailThe telecommunications sector is the largest supporter to Egypt’s state budget in 2016, said Yasser El-Kady, Minister …
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Peabody Energy Corp (BTU.N), the world’s largest privately owned coal producer, filed for U.S. bankruptcy protection on …
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Profitability rates in Egypt reached 14 percent, governor of Egypt’s Central Bank (CBE) Tarek Amer said Sunday, …
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Italian joint-stock company SACE is to fund the project of upgrading Egypt’s largest oil refinery Midor near …