Egyptian government officials held talks with the World Bank on Tuesday to discuss the accelerated disbursement of …
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portfolio
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Tech news
Apple names former Honeywell executive as new general counsel
by Yomna Yasserby Yomna YasserApple Inc said on Friday its general counsel, Bruce Sewell, will retire and be succeeded by former …
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Banks
Egypt’s Pharos Holding eyes 7.5bn pounds agreements in 18 months
by Yomna Yasserby Yomna YasserEgypt’s Pharos Holding investment bank is targeting deals worth 7.5 billion Egyptian pounds ($427.84 million) in 18 …
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Gold prices rose early Wednesday amid rising tensions between the United States and North Korea after the …
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Real Estate
Egypt’s Al-Abd says delivered 95 social housing buildings in 2016
by nada nasserby nada nasserEgypt’s construction firm Al-Abd, an affiliate of the country’s Holding Company for Construction and Development (HCCD), says …
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Real Estate
Egypt’s Marseilia to launch 3 fully-fledged property projects before 2017-end
by nada nasserby nada nasserEgypt’s property developer Marseilia Group is planning to launch three fully-fledged housing projects in Nasr City and …
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Financial Institutions
Egyptian Life Takaful- GIG ups investments to 267 mln pounds at end-March
by nada nasserby nada nasserThe investments of Egyptian Life Takaful Company- GIG jumped to 267 million Egyptian pounds ($14.7 million) during …
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Real Estate
Orascom Construction posts 21.7% increase in Q1 net income
by Yomna Yasserby Yomna YasserEgypt-based Orascom Construction (OC) has reported a 21.7 percent increase y-o-y in its net income during the …
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Banks
Egypt’s Industrial Development Bank posts 100 mln pounds-net profits in 4 months
by nada nasserby nada nasserIndustrial Development and Workers Bank of Egypt (IDWBE) has achieved net profits worth 100 million Egyptian pounds …
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Industry & Trade
SDX Energy finishes drilling campaign at SD-1X well in Egypt
by nada nasserby nada nasserNorth Africa focused oil and gas company SDX Energy Inc said on Friday drilling on the SD-1X …