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Egyptian Iron and Steel Company to consider tender from Russia’s MetProm
The Egyptian Iron and Steel Company is considering an offer from Russian company MetProm in a tender to help the…
Madbouly meets with CEO of Kuwaiti Al Kharafi Group
Prime Minister Moustafa Madbouly met yesterday with the CEO of the Al Kharafi Group to discuss how the company can…
SODIC shareholders approve EGP 0.5/share 2018 dividend payout
SODIC shareholders approved the board’s recommendation to proceed with a dividend payment of EGP 0.5 per share 2018, the company…
Egypt’s FRA requires companies to extend GA invitations 21 days in advance
Publicly-traded companies’ boards of directors will need to provide no less than 21-days notice when inviting shareholders to general assembly…
Huajian in talks with Trade Ministry over Rubeky investment
The Trade and Industry Ministry is in talks with China’s Huajian Group over investing in facilities in the Roubiki Leather…
MIDOR looks to expand paid-in capital by USD 800 mn
The Middle East Oil Refinery (MIDOR) aims to increase its paid-in capital by USD 800 mn to finance expansion plans,…
Egypt’s non-oil business activity closely misses growth mark in March
Non-oil businesses sees rise in orders and output prices — and improvement in margins: The Emirates NBD Egypt purchasing managers’…
Elsewedy to pay out EGP 1.7 bn in shareholder dividends
Elsewedy Electric agreed this week to pay EGP 1.7 bn in dividends to shareholders at EGP 0.8 per share, according…
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