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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…
EETC inks contracts for USD 400 mn Gulf of Suez wind farm
EETC inks contracts for USD 400 mn Gulf of Suez wind farm: The Egyptian Electricity Transmission Company (EETC) signed contracts…
US increases its Mediterranean naval presence as ExxonMobil begins Cyprus gas exploration
Meanwhile, the East Mediterranean looks to be heating up, as the world reacts to Turkey’s bullying. The US has upped…
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