Garmco inks $55m expansion deal
Garmco, a leading aluminium rolling mill, has entered into an agreement with Fives, an industrial equipment supplier, to build a new state of art...
5 companies win tender to supply 250,000 smart electricity metres
Five companies won a tender to supply 250,000 smart electricity metres—out of seven companies that submitted their bids to the Ministry of Electricity and...
Orascom Hotels turn profitable in Q1
Orascom Hotels and Development’s consolidated financial statements for the first quarter of fiscal year 2017 showed...
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...
Head of AFA: Total production of Arab Cement in 2015 amounted to 100 million...
Eng Abu Al Maaty, Head of Arab Fertilizers Association (AFA), and Head of Abu Qir Co., revealed that the total production of Arab Cement...
OFFICIAL JOURNAL- ISSUE NO. 79 (Supplement-B) Dated 6 April 2015
Ministry of Finance Decree No. 172 of the year 2015 Amending Some Provisions of the Executive Regulations of the Income Tax Law
promulgated by...
Sony cuts annual profit view on movie business writedown
Sony Corp on Thursday cut its full-year outlook for operating profit on Thursday after the Japanese TV-to-gaming group took a $1 billion writedown on...
BRICS: a more turbulent period in store
Written by Doaa Hussein
Since its establishment, BRICS proved to be a strong economic group that took the world by storm. It assured being a...
Yasmine Yehia: A young Egyptian genius honoured by NASA
It seems that Damietta, one of the most beautiful governorates in Egypt, is the land where many Egyptian geniuses were born. It hosted Dr....
Construction equipment market to hit $241bn by 2020
The global construction equipment market is expected to reach $240.97 billion over the next five years with a CAGR (compound annual growth rate) of...
Hala Sakr appointed as member of EGX board of directors
The board of directors of the Egyptian Stock Exchange (EGX) approved the appointment of Hala Sakr, managing director of Barclays Bank Egypt, to 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...