News
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Kraft Foods net revenues rise 11.5% to $13.2bn
Kraft Foods Inc., with four production plants in Egypt, has reported third quarter results driven by strong organic revenue growth.
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Petroleum Ministry seeks meeting local needs despite crisis
Eng. Abdullah Ghorab said providing citizens with oil products in a comfortable way comes at the top of the ministry's priorities.
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Egypt: Mobinil Eyes International License
Report has it that Egypt’s leading mobile company, Mobinil is looking to cut its international telecom gateway.
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Haven't joined the Business Nexus Yet?!
EJB is encouraging you to join the Business NEXUS NOW. This way you will easily access other business owners, customers & suppliers and Do Business.
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Ahmed Zewail: A Nobel Prize winner links Egypt and the U.S. through science
Ahmed Zewail is one of seven recipients of the 2011 Top American Leaders awards.
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Raya LTFV downgraded to LE 9/share at CI Capital
CI Capital downgraded, in a recent study, Raya Holding (RAYA) LTFV by 23% to LE 9/share, down from LE 11.7/share.
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Egypt's SODIC posts nine-month net loss
Sodic posted a nine-month net loss before minorities of 156.7 million Egyptian pounds, the stock exchange said on Wednesday.
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Vodafone Egypt adds new USB modem offers
Vodafone Egypt introduced new mobile internet plans with USB modems. For EGP 199, customers can get a USB modem and 100MB per month.
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GM to assemble Chevrolet Move in Egypt
GM's joint venture SAIC-GM-Wuling is planning to start assembly of its Chevrolet Move in Egypt while the vehicle kits will be supplied from China.
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Return of Street Fighting in Cairo Has Centamin Egypt Falling Again; Shares Now 24% Lower Over Past
Centamin Egypt Ltd. (CEE.TO) is resisting the market gains for most gold stocks today, falling another 5% today and sliding for a fifth day in a row.
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Mobinil Launches Pay-For-Me on eServGlobal's Value-Added Services Platform
eServGlobal announces that its Pay-For-Me service, also known in the market as Collect Call service, was launched by Mobinil.
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Thomas Cook shares drop as Egypt, Greece tourism slumps
The renewed trouble in Egypt is just the latest blow for tour operator Thomas Cook, which has reported a whopping drop in shares of 50 per cent.
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Orascom Construction 3Q Net Up 30% on Fertilizer Price Gains
Net income climbed to 1.09 bn EGP from 839.7 million pounds a year earlier, the Cairo- based company said in a statement on its website today.
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Naeem upgrades NSGB to Buy, cuts TP to LE 31.8/share
Naeem Holding downgraded, in a recent study, National Societe Generale Bank (NSGB) target price to LE 31.8 per share.
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AJWA 9 months standalone loss hits LE 30.7 million
AJWA reported standalone financial results posting a net loss of LE 30,721,298 for the period from 01/01/2011 till 30/09/2011.
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Credit Agricole Egypt Private Banking named Gold Sponsor at the Magdi Yacoub Foundation Event
Credit Agricole Egypt Private Banking is proud to be a Gold Sponsor and help raise funds at the Magdi Yacoub Heart Foundation charity event.
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EFG Hermes reports 3Q 2011 earnings
EFG Hermes remains profitable amid challenging market conditions; the Firm sharply reduces Group operating expenses while maintaining flexibility.
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Arab Bank announces 5th Winner in Arabi online promotion
Arab Bank has previously conducted four monthly draws as part of this promotion and customers still have the opportunity to win similar prizes.
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Challenges and Opportunities in Egypt's Industrial Sector
Egypt is hosting the annual celebration of the Africa Industrialization Day (AID) under the theme of “Energy Poverty in Africa” at the Grand Hayatt.
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Intel aims to connect more Egyptians
Intel has announced a new partnership with Lenovo, B-tech, Carrefour, CompuMe, Computer Shop, Fahem, Mobile Shop, Nahdet Misr and OstazOnline.