Moody’s stable outlook for banks followed positive performance: Banking expert
Ratings agency Moody’s upgrades banking sector outlook from negative to stable
Doaa Farid
701 Articles
Latest by Doaa Farid
Significant changes in FY 2015/2016 budget revenues
Estimation of Suez Canal revenues similar to last year, despite completion of new Suez Canal project
Transformation in business critical to cope with digital age: EMC study
96% of surveyed business leaders thought technologies have altered rules of business
Amer Group establishes company in Dubai to handle projects: Investor relations manager
Company’s capital stands at AED 1,000, divided into 10 shares with a value of AED 100 per share
Egypt’s stock indices slump, loses EGP 6.42bn
EGX-30 drops 2.6% on Wednesday
Qalaa Holding receives no subscriptions in capital increase attempt
Investment firm targets to raise capital by EGP 1.7bn
Egypt targets EGP 37.8bn in infrastructure investments
State budget will provide EGP 25.5bn in funds for public investments
EGP 48.7bn traded on EGX in Q4 of FY 2014/2015
Egyptians control 80.94% of value traded during quarter, non-Arab foreign investors accounted for 13.17%, Arab investors captured 5.89%
Return of GDRs to be provided in Egyptian pounds
EGX loses EGP 4.5bn on Monday
Al-Ezz Dekheila Steel Company suffers losses, unstable gas supply
Steel producer will consider alternative sources of energy to make up decline in steel production due to natural gas shortage
Arabian Cement completes latest addition to alternative fuel processing
ACC currently has a designed fuel mix of 70% coal and 30% alternative fuels
Egypt officially joins China’s Silk Road Economic Belt union
Approximately 1,220 Chinese companies operate in Egypt with $500m in investments, says EBA executive director
EGP 76.5bn pumped into industrial sector in past 10 months: Abdel Nour
Industrial growth registered 17% this year, says minister
Hassam Allam to start construction of $80m solar project in Q1 2016
Company signed agreement with NREA to develop 50 MW solar power plant in Aswan
Government prevents blackouts via fuel supplies, station maintenance: Electricity ministry
A total of 3,632 MW has been added to the national grid through implementing the ministry’s urgent plan to meet electricity demand
Dana Gas to discuss collecting receivables in Egypt this week
Board of directors’ meeting will discuss company’s 2015 mid-year budget and Q1 financial statements
Public wage allocations increased by EGP 27.3bn
Spending on wages represents 26% of total public expenditures
EGP 3.9bn increase in food commodities in new budget
Actual food commodity spending in current fiscal year exceeds announced figure in budget by EGP 2.5bn
Egyptian families spend minimum of EGP 2,000 on food in Ramadan
Ministry of Supply offers food exhibitions to sell products at low prices
Egypt aims to be in top 30 global economies by 2030: Planning Minister
Executive regulation of Civil Service Law will be issued on 1 July
Minister of Industry adopts new IMC plan on SMEs, clean environment
IMC will provide over 5,600 services for more than 2,000 companies during new fiscal year
EGP 150m losses from electricity stations bombs: Electricity Minister
Electricity stations in Egypt are challenged by fuel shortage, maintenance and frequent bombings
Arab Development and Real Estate Company buys New Cairo land for EGP 3.5m
Company says it will establish real estate projects on 1,000 sqm of land
Government collects 6% of tax value: Head of Large Taxpayer Centre
Finance minister said government collected EGP 180bn in nine months
Presidential decrees see economic landscape’s alteration
Some controversial decisions are still awaiting final cabinet approval to be sent to presidency for ratification
Ministry of Tourism increases security measures after Luxor bomb
We continue measures to ensure that no harm comes to anyone visiting Egypt, says tourism minister
Legislative law to be amended to increase Food Industries Company’s capital: Supply minister
Food Industries Holding Company plans to raise EGP 3-4bn capital increase through IPO
Actis not planning to sell remaining 15% stake in Edita
After Edita’s stock market listing in April, Actis sold 15% as part of the stock offering
Cairo Capital contract signing still in negotiations: Housing minister
Private newspapers reported this week problems between government and Emirati investors implementing the project
Carrefour to open 5 new branches in June: Egypt director
On the occasion of Ramadan, the hypermarket is offering discounts on basic items