Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt to unveil 'national economic development narrative' in June, focused on key economic targets    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    Italy's consumer, business confidence decline in April '25    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt's TMG eyes $17bn sales from potential major Iraq project    Egypt's Health Min. discusses childhood cancer initiative with WHO    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Asia-Pacific stocks rise on Wall Street cues    Egypt's EDA discusses local pharmaceutical manufacturing with Bayer    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Egypt expresses condolences to Canada over Vancouver incident    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Health Min. strengthens healthcare ties with Bayer    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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 arab finance
البنك الأهلى يلغى خطة اقتراض 250 مليون دولار
كشف طارق عامر رئيس البنك الأهلي المصري فى تصريحات للمال عن توقف خطة اقتراض نحو 250 مليون دولار من السوق الخارجية في الوقت الراهن وذلك نظرا لعدم حاجة البنك الى النقد الأجنبي فى الوقت الحالي بعد تراجع طلبات المستثمرين على الاقتراض بالعملات الأجنبية (...)

14 - 07 - 2011
المصرية للاتصالات تسعى للحصول على رخصة المحمول الافتراضية بنهاية هذا العام
قال عقيل بشير رئيس مجلس إدارة الشركة المصرية للاتصالات (ETEL) ان الشركة تسعى للحصول على رخصة افتراضية للهاتف المحمول بنهاية العام الحالي حسبما نقلت رويترز . وقال بشير ان الثورة المصرية لم تخمد طموح الشركة في السعي نحو تقديم خدمات الهاتف المحمول وان (...)

07 - 07 - 2011
استئناف ضخ الغاز المصري إلى المملكة سيستغرق أكثر من 10 أيام
رجح مصدر أردني مطلع أن استئناف ضخ الغاز المصري للأردن والذي توقف جراء تفجير خط الأنابيب في سيناء، يوم الاثنين الماضي، سيستغرق وقتا لن يقل عن فترة من 10-20 يوما. وأكد المصدر، في تصريح لصحيفة "الرأي" الأردنية الصادرة اليوم الخميس، وجود اتصالات مستمرة (...)

07 - 07 - 2011
Drake & Scull wins $126 mln tourism deal in Egypt
Drake & Scull International, the Dubai-based engineering contractor, won a 465 million dirham ($126 million) contract in Egypt, reported Arabian Business. The company will provide mechanical, electrical and plumbing works for the Nile Corniche (...)

25 - 01 - 2011
Raya expands investment portfolio
CI Capital analyst Ingy El-Diwany said that Raya Holding for Technology and Communications is expanding its investment portfolio to include a defensive player through debt and equity financing, according to a report from the firm published on Arab (...)

05 - 01 - 2011
Tax Authority seizes Omar Effendi bank funds: report
Head of the Omar Effendi workers syndicate Mohamed Gobaily announced that the Tax Authority had seized control of the department store's bank accounts in order to collect some LE 98 million in unpaid taxes, due since 2007 when the store was (...)

03 - 12 - 2010
NTRA approves 6 mln new lines
The National Telecom Regulatory Authority has approved granting mobile operators 6 million new phone lines — 2 million for each operator — with the new numbering system (015). This brings the total number of new lines granted in October and (...)

18 - 11 - 2010
Eastern Tobacco to plant 50 acres of tobacco in Ethiopia
The Holding Company for Chemical Industries said that Eastern Tobacco will plant tobacco in Ethiopia, reported Al-Masry Al-Youm. The move is a bid to combat the mounting problems faced by the company in getting tobacco supplies globally, a result (...)

18 - 11 - 2010
Egypt steel licenses to be split in two categories
Topping the list of bidders for Egypt steel licenses is an Egyptian and Turkish consortium, Steel Guru reported. According to the bidding documents, the applications are split into two categories. The first is one where licenses are to given to (...)

29 - 10 - 2010
Deutche Bank expects Egypt to validate Madinaty contract
Deutche Bank said that new court hearing on Nov. 9 on TMG Holding's Madinaty case is not surprising, according to a statement. In September, Hamdy El-Fakharany, who brought the case against TMG and PHD, already said that government appointed (...)

13 - 10 - 2010
Heliopolis Housing auctions 120 land plots
Heliopolis Housing is scheduled to auction 109 land areas next Sunday located in fifth and sixth districts in Heliopolis alongside 11 land plots in Obour city, Al-Mal reported. “The firm is expected to earn LE 130.8 million through selling such (...)

11 - 10 - 2010
Heliopolis Housing not utilizing assets: CI Capital
CI Capital said Heliopolis Housing and Development's intention to sell 109 land plots is negative, according to a report on Arab Finance. The news may initially appear positive, CI said, indicating a revenue generator, however, land sale is not a (...)

23 - 09 - 2010
EFIC establishes LE 500 mln fertilizer plant in Ain Sokhna
In a statement on the stock exchange website, the Egyptian Financial and Industrial Company (EFIC) said that it gained all required licenses to establish a new plant in Ain Sokhna at an investment cost of LE 500 million. The plan will have a (...)

30 - 07 - 2010
Oriental Weavers completes 60 percent of yarn plant construction
Oriental Weavers completed 60 percent of construction works in the new yarn plan, which investment cost amounts to about LE 250 million. Haitham Abdel Menem, investor relations manager of Oriental Weavers, said that the company is focusing (...)

25 - 07 - 2010
CBE approves HDB's third investment fund
The Central Bank of Egypt recently gave the Housing and Development Bank the green light to set up its third investment fund with initial capital of LE 200 million. The bank signed a contract with HC Asset Management in order to manage the (...)

19 - 07 - 2010
Oriental Weavers ups production capacity by 15 pct
Oriental Weavers has added four new production lines to its plants in the domestic market, Al-Borsa reported citing Haitham Abdel Menem, investor relations manager of Oriental Weavers. The company has completed selling this month production (...)

19 - 07 - 2010
Ascom to establish Manganese mining company in Sudan
The board of directors at Asek Company for Mining (Ascom) approved plans to establish a Manganese mining company in cooperation with Saudi Sabaek and a Sudanese partner yet to be identified. Fayez Grees, CEO of Ascom, said the company (...)

12 - 07 - 2010
Sewedy says no agreement with Ethiopia over industrial zone
El Sewedy Cables has not reached any initial agreement with the Ethiopian government about establishing an industrial zone, said investor relations manager Ahmed El-Homosany, Al-Masry Al-Youm reported. The Ethiopian government decided (...)

07 - 07 - 2010
HDB loan portfolio jumps 20 pct: paper
Housing and Development Bank's retail loans portfolio grew to LE 2.5 billion last May, compared to LE 2.1 billion, a 20 percent increase, reported Al-Mal. HDB deputy chairman, Essam Abo Hamed, said that diversity in HDB services and products (...)

17 - 06 - 2010
Egypt government plans to improve irrigation, water use
Egypt needs a plan to develop its irrigation system and optimize its water sources, Prime Minister Ahmed Nazif said yesterday in a meeting attuned by the ministers of finance, agriculture, and irrigation, as well as the head of the ruling National (...)

02 - 06 - 2010
Ain Sokhna port hits snags
Exporters say that an ongoing dispute between the Egyptian government and Dubai World, the company which runs the port of Ain Sokhna, has resulted in a halt on cargo exports for more than a month, with freight piling up at the seaport and exporters (...)

02 - 06 - 2010
Rachid says plans to develop chemistry department
Trade and Industry Minister Rachid Mohamed Rachid said that the ministry has started to implement a comprehensive plan to enhance the department of chemistry and all its affiliates, reported SIS. Rachid said that the plan entails setting up a (...)

24 - 05 - 2010
MTN set to end loan talks for Orascom: Bankers
South African telecoms operator MTN Group is set to disappoint lenders as talks for a $5 billion loan to buy the assets of Egyptian telecoms firm Orascom Telecom (ORTE) fizzle out, banking sources said. As previously reported, MTN has been (...)

23 - 05 - 2010
NBE considers LE 700 mln credit facilities to Mokhtar Ibrahim
National Bank of Egypt may provide L.E 700 million credit facilities to Egyptian Contracting (Mokhtar Ibrahim) on two trenches. The first trench (LE 200 million) will be allocated to fund contracting operations awarded by governmental bodies to (...)

23 - 05 - 2010
Egypt opens LE 221 mln polyester plant
Investment Minister Mahmoud Mohieldin opened a LE 221 million polyester plant of the Artificial Silk Co. in Kafr El-Dawwar, an industrial city and municipality on the Nile Delta near Alexandria. Part of investments at the plant came through a (...)

12 - 05 - 2010
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