EFG Hermes posts 1234% rise in Q4 profit

Egyptian Financial Group Hermes Holding (EFG Hermes) said Monday that its consolidated net profit for the fourth quarter of the fiscal year 2016 soared...

CBE issues EGP 600m treasury bills

The Central Bank of Egypt (CBE) will issue on Monday treasury bills worth EGP 600 million, on behalf of the Ministry of Finance (MoF). The...

Petrojet revenues surge to EGP 11.89bn in 2016

Petrojet has achieved a 65% growth in revenues on an annual basis in 2016 to EGP 11.9 billion, the company’s president Salah Ismail said...

Audi Egypt to increase loan portfolio by EGP 4.5bn by end of 2017

Bank Audi Egypt is planning to increase the size of its loans portfolio by EGP 4.5bn by the end of 2017, according to Mohamed...

23/03/2017 Tenders

Healthcare, Medical Equipment & Services Client : Cairo University Faculty of Dentistry Address : Kasr Al Eini, Cairo Tender :  Supply of medicines for emergency and reception cases...

Amazon to buy Middle Eastern online retailer Souq.com

Amazon.com Inc has agreed in principle to buy Dubai-based internet retailer Souq.com, one of the best-known names in the Middle East's online shopping market,...

20/03/2017 Tenders

Water & Sanitation Client : General Company For Construction (ROLAN) Address : www.msrolan.com Tender : General tender for supply and erection of electromechanical equipment for water treatment...

Kuwait Airways to boost long-range capacity by more than 50%

Kuwait Airways will boost its capacity for long-range flights by 58 percent when all ten of the Boeing 777-300ERs are delivered, according to the...

Bank Audi profits surge 221% in 2016

The financial results of Bank Audi Egypt showed a surge in profits by 221% during last year on the back of FX gains, according...

CBE to issue EGP11bn treasury bills Sunday

The Central Bank of Egypt (CBE) will issue on Sunday treasury bills worth EGP 11 billion, in coordination with the ministry of finance (MoF)...

15/03/2017 Tenders

Software Services Client : Egyptian Company For Metro Management and processing Address :  Hammat El Kouba, Cairo, Egypt Tender : Tender No. 1/2017 for updating of the...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...

Petroleum Marine Services Company (PMS) Profits increase 28% in 2023

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...

Misr Maintenance Company achieves EGP 8.8 bn revenues

The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...