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Cabinet approves USD 7 bn Russian Industrial Zone agreement, Unified Building Code amendments
CABINET WATCH- The Ismail Cabinet signed off yesterday on the preliminary agreement to set up the USD 7 bn Russian…
Draft SME to hit cabinet in two weeks’ time
LEGISLATION WATCH- A draft law on small and medium-sized businesses is due to the Ismail cabinet in two weeks’ time,…
Tourists, hotel chains are returning to Egypt
Egypt, Turkey, and Tunisia are making a comeback as popular tourist destinations after a period of political instability marked with…
Etisalat shares rise as it plans USD 2 bn share buyback
Etisalat shares popped around 4.1% yesterday as the UAE-based telecom company announced its plans for a USD 2 bn stock…
Dahab returns to becoming a popular resort
Dahab is on its way back to becoming a popular beach resort, after the past few years yielded “circumstances [that]…
Earnings Watch: Telecom Egypt reports FY2017 results
EARNINGS WATCH- Telecom Egypt reported an 18% y-o-y rise in net profit after tax in 2017 to EGP 3.2 bn,…
Gov’t expected to raise local wheat buying price EGP 15-20 per ardib
Gov’t expected to raise local wheat buying price EGP 15-20 per ardib: The government will set the price of buying…
Arabian Cement, LafargeHolcim plan to up cement exports amid market oversupply
Arabian Cement, LafargeHolcim plan to up cement exports amid market oversupply: Arabian Cement is planning to increase its exports this…
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