Moody’s stable outlook for banks followed positive performance: Banking expert
Ratings agency Moody’s upgrades banking sector outlook from negative to stable
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Ratings agency Moody’s upgrades banking sector outlook from negative to stable
Estimation of Suez Canal revenues similar to last year, despite completion of new Suez Canal project
96% of surveyed business leaders thought technologies have altered rules of business
Company’s capital stands at AED 1,000, divided into 10 shares with a value of AED 100 per share
EGX-30 drops 2.6% on Wednesday
Investment firm targets to raise capital by EGP 1.7bn
State budget will provide EGP 25.5bn in funds for public investments
Egyptians control 80.94% of value traded during quarter, non-Arab foreign investors accounted for 13.17%, Arab investors captured 5.89%
EGX loses EGP 4.5bn on Monday
Steel producer will consider alternative sources of energy to make up decline in steel production due to natural gas shortage
ACC currently has a designed fuel mix of 70% coal and 30% alternative fuels
Approximately 1,220 Chinese companies operate in Egypt with $500m in investments, says EBA executive director
Industrial growth registered 17% this year, says minister
Company signed agreement with NREA to develop 50 MW solar power plant in Aswan
A total of 3,632 MW has been added to the national grid through implementing the ministry’s urgent plan to meet electricity demand
Board of directors’ meeting will discuss company’s 2015 mid-year budget and Q1 financial statements
Spending on wages represents 26% of total public expenditures
Actual food commodity spending in current fiscal year exceeds announced figure in budget by EGP 2.5bn
Ministry of Supply offers food exhibitions to sell products at low prices
Executive regulation of Civil Service Law will be issued on 1 July
IMC will provide over 5,600 services for more than 2,000 companies during new fiscal year
Electricity stations in Egypt are challenged by fuel shortage, maintenance and frequent bombings
Company says it will establish real estate projects on 1,000 sqm of land
Finance minister said government collected EGP 180bn in nine months
Some controversial decisions are still awaiting final cabinet approval to be sent to presidency for ratification
We continue measures to ensure that no harm comes to anyone visiting Egypt, says tourism minister
Food Industries Holding Company plans to raise EGP 3-4bn capital increase through IPO
After Edita’s stock market listing in April, Actis sold 15% as part of the stock offering
Private newspapers reported this week problems between government and Emirati investors implementing the project
On the occasion of Ramadan, the hypermarket is offering discounts on basic items