Residential Exhibition “Makanak 4” kicks off

By Eiman Rashed Minister of Housing Mustafa Madbouly inaugurates Thursday, the 4th edition of Residential Exhibition “Makanak” in Cairo, which will end May 7. The...

Abu Qir Fertilizers expects 150% rise in profits

Abu Qir Fertilizers said Monday that it expects an increase of 150% in the company’s profits this year, after the cabinet’s decision to export...

Orascom Hotels turn profitable in Q1

Orascom Hotels and Development’s consolidated financial statements for the first quarter of fiscal year 2017 showed...

15/02/2017 Tenders

Machinery & Equipment Client : Authority of Production Efficiency and Professional Training Address : 3, Kuwait Street, Dokki, Giza Tender: 1) Supply of printing machines. Tender documents: EGP...

Telecom Egypt OGM approves board reshuffle – Source

Telecom Egypt’s ordinary general meeting (OGM) approved on Tuesday reshaping the board of directors, a source told Mubasher wepsite. The OGM’s decision resulted in replacing...

Rixos Sharm El Sheikh – Egypt’s Best Resort Spa 2016

Out of 8 hotels’ nominees for Egypt's Best Resort Spa 2016; Successfully Rixos Sharm El Sheikh Royal Spa has been Awarded in the World...

UPS CEO says updated NAFTA better for economy than no trade treaty

The top executive of United Parcel Service Inc (UPS.N) said early this week he is optimistic the U.S., Canadian and Mexican governments can successfully...

El-Sewedy Electric

El-Sewedy Electric has achieved net profits worth EGP 1.66bn in the first half of 2016, with 1.9 per cent increase compared to EGP 792.9m...

Russia’s Rosneft discusses buying a stake in Al-Shorouk concession in Egypt

The board of Russia's Rosneft plans to discuss buying a stake of up to 35 per cent in the Shorouk concession, offshore Egypt, the...

CBE reaches settlement on firms’ dues below $5m

The Central Bank of Egypt (CBE) agreed to settle the companies’ dues worth up to $5 million, which resulted from the floatation of the...

Hisham Ezz Al Arab, Head of the Federation of Egyptian Banks for further tenure

The Board of Directors of the Federation of Egyptian Banks selected Hisham Ezz Al Arab, Chairman of Commercial International Bank (CIB), to be president...
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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...