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Egypt gathers 2.7m tonnes of wheatEgypt, the world's largest wheat importer, has gathered 2.7 million tonnes of wheat from local farmers so far this season, Supplies Minister Bassem Ouda said in a television interview on Thursday. "We have reached today 2 More… |
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EFG Hermes Q1 net profit up 27pcEFG Hermes, a leading investment bank in the Arab world, said its net profit for the first quarter surged 27 per cent to EGP98 million ($13.9 million) when compared to the same period last year. The group revenues rose 14 per cent More… |
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Egypt tourist arrivals jump 11.8pcThe number of tourists visiting Egypt rose in the first four months of 2013, the cabinet said on Tuesday, but analysts say the sector is still suffering from the aftermath of the country's 201 More… |
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NBK Egypt unit Q1 profit up 15.3pcAl Watany Bank of Egypt (AWB), a subsidiary of National Bank of Kuwait Group (NBK) in Egypt, has reported a net profits of EGP86.6 million in the first quarter, up 15.3 per cent compared to EGP75. More… |
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Egyptians 'gloomier over country's future'Egyptians are getting gloomier about their country's future more than two years after an uprising toppled Hosni Mubarak, but most retain a favourable view of the ruling Muslim Brotherhood, acc More… |
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Egypt charity launches thalassemia campaignEgypt-based Resala Charity Association recently launched its ‘My Blood Can Save a Life’ campaign to encourage blood donation in support of patients with thalassemia. The launch took place on International Thalssemia Da More… |
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Sodic appoints new financial officerLeading Egyptian real estate developer Sodic that Salah Shafei has resigned from his position as chief financial officer, to be succeeded by Omar El-Hamawy, effective May 31. El-Hamawy succeeds Shafei after almost six years with S More… |
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Egypt says disputes with Damac are resolvedEgypt said on Wednesday it had settled disputes with the Dubai-based developer Damac involving projects dating back to the Mubarak era - an agreement the government hopes will reassure prospective investors. The government said th More… |
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Orascom Telecom suffers $204m loss in Q1Egyptian mobile phone operator Orascom Telecom Holding said on Wednesday it swung to a net loss in the first quarter of 2013, blaming foreign exchange losses and impairment of some assets. More… |
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MS Egypt Chapter urges public awarenessThe MS Chapter of the Egyptian Society of Neurology, Psychiatry, and Neurosurgery (ESNPN), urged better public understanding of the disease that affects 2.5 million people worldwide, on the occasion of World Multiple Sclerosis (MS) Day. More… |
