News
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Businesses Sector Loans Continue to Dominate Egyptian Banking Sector
Business sector loans are anticipated to account for more than 63% of the total banking loans by FY 2012, says RNCOS in its latest research report.
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Egypt stocks making fast gains
EGX30 up 1.81 per cent halfway through Wednesday trade.
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Hikma to distribute iron deficiency treatment
Hikma will receive exclusive rights to market and distribute a product that complements its portfolio of prescription pharmaceuticals.
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Nomura cuts price target on Telecom
The brokerage cut its price target on the stock to 18 Egyptian pounds from 19.90 Egyptian pounds.
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EU commitee to test Egyptian seeds for E. coli bacteria
The outbreak of the E. coli infection was first blamed on Spanish crops, but later reports suspected Egyptian seeds.
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Ministry of health to inject LE 940 million into salaries
The funds will go into increasing the salaries for doctors, dentists, pharmacists and nurses.
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How to handle 30 million tons of agricultural waste in Egypt
The problem is most pronounced in the Central and Eastern Delta Governorates of Egypt, where farmers burn off their hay and straw en masse.
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Costa Cruises cancels calls in Egypt, Tunisia through 2012
Europe's largest cruise line says half a dozen ships that until now had been scheduled to visit Egypt or Tunisia in 2012.
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From Arab Spring to jobless summers
Writer John Daly believes that few young people consider what effect their protests will have, whether in Tunisia, Egypt, Britain or other countries.
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From Arab Spring to jobless summers
Writer John Daly believes that few young people consider what effect their protests will have, whether in Egypt, Tunisia, UK or other countries.
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Egypt's exports to Nile Basin rise by a quarter in 2010
Of all Nile Basin countries, Kenya was Egypt’s second largest importer in 2009 and 2010, accounting for almost a quarter of Egypt’s exports.
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Long road to recovery for Egyptian banks
Volumes have been heavily cut, with traded value down to 100 million Egyptian pounds, from 1.6 billion pounds eight months ago.
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APEX SDP Helps Launch Video IVR Services for Etisalat
APEX Video IVR uses the video-calling capabilities inherent in 3G networks and phones to present visual, interactive content to subscribers.
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'Egypt will not back down on a free market economy,' says finance minister
Finance minister indicated the government's intention to impose a minimum wage, despite protest by business leaders.
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Edexcel holds training session in Cairo
The training discussed the salient features of UK education and its relevance to the Egyptian education sector.
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Egypt cbank to offer 3 bln EG pounds in repos
The central bank introduced the weekly repo agreements in March to keep short-term interest rates under control.
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Egypt's Amer Group H1 net falls 13 pct: bourse
The real estate company dropped from 232.3 million pounds net profit last year to 201.4 million pounds this year.
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ASEC wins cement-plant contracts in Egypt
The three five-year contracts will provide about 750 jobs, while the fourth contract is an extension of a former agreement signed in 2000.
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A pocket of tightness in Egypt for HDPE grades
Market payers complained about limited availability, and having to secure their needs.
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Egypt's Orascom Development posts loss amid unrest
Orascom Development has been diversifying its business but Egypt remains its biggest market.