Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    US employment cost index 3.6% up in year to June 2025    Egypt welcomes Canada, Malta's decision to recognise Palestinian state    Pakistan says successfully concluded 'landmark trade deal' with US    Sterling set for sharpest monthly drop since 2022    Egypt, Brazil sign deal to boost pharmaceutical cooperation    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Abdel Haleem El Gendy Maha Essam
SECON planning 1.5 bln Egyptian pounds contractual sales this year
Property developer Saudi Egyptian Construction Company (SECON) says it is planning to achieve contractual sales worth 1.5 billion Egyptian pounds ($82.7 million) from its projects within 2017. Darwish Hassanein, SECON's chief executive, told Amwal (...)

03 - 05 - 2017
EXCLUSIVE: share of 9 banks in Egypt's EGAS loan
A consortium of nine Egyptian and Arab banks has completed arranging a loan worth 1.8 billion Egyptian pounds ($99.1 million) for state-run Egyptian Natural Gas Holding Co (EGAS). The consortium comprises Banque Du Caire, Emirates NBD (ENBD), Arab (...)

19 - 04 - 2017
Treat yourself on Valentine's Day!
Who doesn't need love? Who doesn't celebrate Valentine's Day with its flowers, chocolates, balloons, confectionery and cards? This is Valentine's Day, the feast of Saint Valentine, the day of love. For many, it is a day of romance and for expressing (...)

15 - 02 - 2016
Banque Du Caire Registers EGP900mn Profits in August
Senior Sources in Banque Du Caire said the bank has attained EGP900 million profits at the end of last August against EGP700 million at last June. In statements to Amwal Al Ghad, sources expected that the bank's profits will surge to EGP1.7 billion (...)

23 - 09 - 2014
Banque Du Caire Registers EGP700mn Profits in H1
An official source in Banque Du Caire said his bank achieved around EGP700million profits during the first half of the current year, registering 28% growth rate in compared to 2013. The bank's general assembly approved on the business results of (...)

27 - 07 - 2014
CIB Egypt Approves EGP550 million Loan for Madinet Nasr Housing
Commercial International Bank – Egypt (CIB) approved to grant the Egyptian Madinet Nasr for Housing & Development (MNHD) a medium-term loan at value of EGP 550 million approximately, according to banking sources with knowledge of the deal. CIB Egypt (...)

28 - 05 - 2014
SODIC Registers EGP750 mln Sales in Q1
Egypt-based developer SODIC registered remarkable gross contracted sales of around EGP 750 million for the first quarter of 2014. Such figures support the Sixth of October Development & Investment Company – SODIC (OCDI.CA)'s 2014 estimated budget, (...)

23 - 04 - 2014
4 Property Firms Mull IPO for 20-30% of Shares on Egypt Bourse
Four leading property developers in Egypt announced today plans to issue initial public offerings for 20-30% of their shares on local stock market next year. On the sidelines of the Cityscape Real Estate Summit, Emaar Misr, Arabia Group for Real (...)

07 - 04 - 2014
Interview- Jaber: UAE Won't Let Egypt Down, Aids Still Ongoing
The Egyptian economy has not yet obtained the appropriate opportunity to develop its potentials...the security and political stability is the backbone to activate the economic schemes. Egypt is the Safety valve of the Arab countries .. and it should (...)

20 - 02 - 2014
TE Provides E-Tie Up Services to CIB with Fiber-Optic Tech worth EGP55 mln
Telecom Egypt (TE)(ETAL-CA) entered new agreement with the Commercial International Bank(CIB) valued at EGP55 million, including providing electronic interconnection to the bank's data center services at 10 GB / s by using fiber optic (...)

19 - 12 - 2013
Banks allocate EGP200mln for slums development in 15 zones
Restoring stability ticket to regaining investor confidence Banks prove able to grapple with crises as Gulf aid supports foreign currencies The current economic situation is in dire need of security and stability and of regaining confidence of (...)

11 - 11 - 2013
Committed to boost our investments in Egypt &Real Estate leads growth rates
SECON- The Saudi Egyptian Construction Company: CEO Considering SECON's Capital with $100mln... We Seek to Establish Fresh Projects Bids law Hindered Investment Movement and Raised Prices in Last Years Eng. Darwish Hassanein -CEO of SECON- The Saudi (...)

11 - 11 - 2013
CEO of Maxim : Eliminating corruption stimulates real estate development
"Adopting new concessions and eliminating unstable investments is a starting point for the real estate sector. In cooperation with Russia and China, we have presented the Kandil government with a project worth $9 billion dollars and foiled attempts (...)

11 - 11 - 2013
Banque Du Caire Attained EGP 1.4 bln Profits 2012-End :CEO
The total profits of Banque Du Caire recorded about EGP 1.4 billion at the end of the fiscal year of 2012,move up by 214% against EGP 400 million at the end of FY/11. Mounir El Zahid, Chairman and CEO of Banque Du Caire, said the net profits of the (...)

28 - 10 - 2013
Banque Du Caire Achieves EGP 424 mln Unaudited Profits
Banque Du Caire has recorded EGP 424 million unaudited net profits within the first half of this year. An official source said in an exclusive to Amwal Al Ghad, the various portfolios of the bank have jumped with ratio ranging between 10 to 15%, (...)

08 - 10 - 2013
American armada disrupts navigation in Suez for six hours
SUEZ, Egypt: Navigation in the strategic Suez Canal was disrupted for six hours because of an American armada headed to the Mediterranean Sea, security and eyewitnesses today reported. The armada included six American warships that were (...)

20 - 11 - 2011
Militant sent to Cairo for questioning
ARISH: The head of the security directorate in North Sinai governorate, Major General Saleh al-Masry, affirmed on Monday morning that the leader of the radical Islamist group "Takfir wal Hijra" (Excommunication and Exodus), Mohamed Eid al-Teehi, is (...)

15 - 11 - 2011
Political forces in Arish issue a statement
ARISH, Egypt: Political and People forces in Arish issued a statement Monday November 14 condemning the last incidents passed over Sinai and the arrests. "With our full care over Egypt's properties and attention is spread for general and social (...)

15 - 11 - 2011
New procedures to secure Sinai gas line
ARISH, Egypt; “Security forces will spread along main [stations] and sub-stations on the gas line” said South Sinai governor Abdul Wahab Mabrouk. Mabrouk held a coordination conference with all concerned sides to secure gas stations and the gas (...)

13 - 11 - 2011
Palestinian pilgrims flew to Saudi Arabia
A total of 262 Palestinian pilgrims flew from Cairo Airport on Saturday November 5 to Saudi Arabia after arriving to Cairo from Gaza Strip through the Rafah border crossing by buses. An official in the Rafah border crossing department said the (...)

05 - 11 - 2011
Egypt to close Rafah crossing for 6 days during Eid al-Adha
RAFAH, Egypt: Egyptian authorities decided to close the Rafah border crossing starting today for the six days of Eid al-Adha. The border will reopen on Thursday, November 10 according to sources. Since the operation of the border with the new (...)

04 - 11 - 2011
Activists to organize campaign to release Egyptian prisoners in Israel
The Public Campaign to release Egyptian prisoners in Israel is resuming its efforts to pressuring the Egyptian government to secure the release the rest of Egyptian prisoners held in Israeli prisons. Activist Ahmed Abou Ateiya said the conference (...)

29 - 10 - 2011
Sinai Sheikhs: Thugs threaten investments
ARISH, Egypt: Heads of clans and sheikhs of tribes in Sinai opposed those who break traditions, laws and commit crime, which harms national economy. Sheikhs held a conference in Sinai University on October 19 and asked security forces to punish (...)

20 - 10 - 2011
Political activists protest for release of Egyptians in Israel
RAFAH, EGYPT: Egyptian activists and families of Egyptian prisoners in Israel organized a protest in front of the Rafah border crossing Wednesday, demanding the release of Egyptian prisoners in Israel. Protestors held signs that saying that the (...)

19 - 10 - 2011
Investigations continue into confiscated weapons near Suez
Ismailia military prosecution began an investigation on Sunday after confiscating eight American-made missiles and three rocket launchers smuggled into Egypt from Libya, security sources reported. The investigation will explore the reasons behind (...)

25 - 09 - 2011
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