Number of Egypt’s state-owned construction firms increased its business volume to 24 billion Egyptian pounds ($1.3 billion) …
state-owned
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Industry & Trade
Egypt’s state-run Trans Oceans Tours 9-month profit rises to 1.1mn pounds
by Yomna Yasserby Yomna YasserEgyptian state-owned Trans Oceans Tours Company’s nine-month net profit jumped to 1.1 million Egyptian pounds ($5,670), it …
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Industry & Trade
Egypt’s state-run Canal Shipping Agencies Q1 profits jump to 35.7mn pounds
by Yomna Yasserby Yomna YasserEgypt’s state-owned Canal Shipping Agencies Company announced Wednesday its first-quarter profits rose to 35.7 million Egyptian pounds …
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Real Estate
Egypt’s state-run Islamic Gharbia 9-month profits fall to 651,868 pounds
by Yomna Yasserby Yomna YasserEgypt’s state-owned property developer firm, Islamic Gharbia for Developed Buildings said Tuesday its nine-month profits dropped to …
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Telecom Egypt (TE), the state-owned landline monopoly, has become the first to sign fourth generation mobile licence. …
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Egypt’s Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing …
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Banks
Egypt to sign contracts for shares of state-owned banks, oil companies on EGX
by aya salahby aya salahThe government is hastening to put its shares in state-owned banks and oil companies up for trade …
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When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned oil …
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Real Estate
Egypt’s Arab Contractors eyes entering into renewable power projects
by aya salahby aya salahEgypt state-owned Arab Contractors is looking forward to expanding its volume of business through entering into renewable …
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Industry & Trade
Saudi Aramco finalizes IPO options and plans global expansion
by Noha Gadby Noha GadSaudi Arabia’s state-owned oil giant Aramco is finalizing proposals for its partial privatization and will present them …