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Latest Egypt Finance News

  • Billionaire Sawiris denies Burj penthouse buy 12 May 2008 10:43 GMT
    ... WORLD'S TALLEST: Egyptian billionaire Naguib Sawiris denied purchasing a penthouse ... comment on Thurdsay. A 27-year old American-educated investment banker, Sandmonkey's mother is a member of ...

  • Spotlight on Saudi 12 May 2008 10:43 GMT
    ... region is stimulating private and public sector investment in new construction projects. $86.6 billion has ... the drawing board. These include discussions between Egyptian and Saudi authorities on a $3 billion ...

  • Rasmala summary of Middle East market overview 12 May 2008 10:39 GMT
    ... deter investor interest in other real estate stocks, which exhibited sizeable gains on the back ... the month. As to corporate results, Amlak Finance announced that its first-quarter net profit surged to ... year. Qatar has launched an impressive domestic investment programme aimed at developing its non-hydrocarbon sectors, ...

  • ITU: ITU TELECOM AFRICA 2008 opens in Cairo 12 May 2008 10:21 GMT
    ... 50 ministers along with key regulators and investment bodies are attending the event from 12 ... the opening ceremony, the Prime Minister of Egypt Dr Ahmed Nazif highlighted the impressive developments ...

  • GrowthGate buys into Arabian Roots 12 May 2008 10:17 GMT
    ... UAE and more recently Qatar besides the Egypt, Syria and Lebanon and a presence in ... This deal is the third direct equity investment of GrowthGate since its capitalisation in mid ...

  • New initiative to establish 15 African maths and science centres launched 12 May 2008 10:16 GMT
    ... planned in Ghana, Madagascar, Sudan, Uganda, Botswana, Egypt, Ethiopia and Rwanda as these countries had ... bursary, covering travel, subsistence, accommodation and medical insurance of about $10 000 a year would ... blue-chip companies. In particular, multi-national banking and investment firm Barclays intended sponsoring 20 students to ...

  • Record rice production; high prices may remain 12 May 2008 10:16 GMT
    ... bridges are impassable. Several rice warehouses and stocks were destroyed. Rice prices in Rangoon have already ... with large expansions anticipated in Ivory Coast, Egypt, Ghana, Guinea, Mali and Nigeria. Paddy production ... the past two decades, such as low investment in agriculture, especially irrigation, reduced funding for ...

  • Egyptian finance companies consumed by Global 12 May 2008 10:16 GMT
    ... Pune, May 12 (IANS) Six people were killed early Monday when their car was hit ...

  • Egypt's Palm Hills posts Q1 profit of $37 mln 12 May 2008 10:15 GMT
    ... Thomson Reuters is the world's largest international multimedia news ... news, small business news, news alerts, personal finance, stock market, and mutual funds information available ...

  • An exhibition on Alfred Nobel 12 May 2008 08:56 GMT
    ... "Had he lived, Alfred Nobel would have opened a branch ... up small businesses. Mohammad Al Baradei from Egypt, Director General of the International Atomic Energy ... the hour." — Fareeda Ahmad, accounting and finance, University of London in Dubai "Economics will be ...

  • Democratic Organizations Bureau conference urges reform in opening session 12 May 2008 08:56 GMT
    ... East, scheduled to be held in the Egyptian ... Washington, 08 May 2008 (Kuwait News ... participated in conference on money exchange and investment held in Cairo recently, arranged by banking ...

  • Cairo & Alexandria Stock Exchanges Monthly Statistical Report April 2008 12 May 2008 08:55 GMT
    ... of 58.67%. Likewise, the Dow Jones CASE Egypt Titans 20 index witnessed a 2.32% increase ... a YoY basis. The ten most active stocks represented 43.65% of the total value & 70.17% ... order of price change) Cairo Development and Investment (+120%), El Ahram Co. for Printing and ...

  • More Want Nuke Power 12 May 2008 08:14 GMT
    ... Eastern states with ready access to huge stocks of oil or natural gas, such as ... Arabia and the United Arab Emirates, the investment in nuclear power appears to be linked ... of "latent" nuclear capability to buying an insurance policy. "You don't really even need to ...

  • InterContinental Hotels Group appoints new Director of Operations Egypt and Libya 12 May 2008 08:13 GMT
    ... Perrot brings with him over 27 years of IHG ... maintaining the hotels’ position of excellence within Egypt. Commenting on Perrot’s recent appointment, John Bamsey, ... then transferred and promoted to Director of Finance at the Carlton InterContinental Cannes in the South ...

  • Egypt to revise 'tax-free' status of bonds 12 May 2008 08:11 GMT
    ... Egypt plans to revise the tax exempt status ... the cost of public sector salary increases, finance minister Youssef Boutros Ghali said on Sunday. The ...

  • Nuclear-reactor plans fuel fears 12 May 2008 08:10 GMT
    ... Eastern states with ready access to huge stocks of oil or natural gas, such as Kuwait, ... and the United Arab Emirates (UAE), the investment in nuclear power appears to be linked ... biggest rivals in the region, Turkey and Egypt, are moving forward with ambitious nuclear projects. ...

  • Palm Hills Develop - 1st Quarter Results 12 May 2008 07:36 GMT
    ... > > > Palm Hills Develop - 1st Quarter Results Palm ... a leading real estate developer in the Egyptian market that develops primarily high-end residential real ... income - Amortization of discount - 6,634 Finance costs (75,318) (34,477) PROFIT BEFORE TAX 231,681 199,383 ...

  • Spread of nuclear capability feared 12 May 2008 07:35 GMT
    ... Eastern states with ready access to huge stocks of oil or natural gas, such as ... Kuwait, and the United Arab Emirates, the investment in nuclear power appears to be linked ... of "latent" nuclear capability to buying an insurance policy. "You don't really even need to ...

  • African telcos need fresh boost to extend growth 12 May 2008 06:55 GMT
    ... regulators and politicians are expected in the Egyptian capital for the May 12-15 International Telecommunication ... and allow more competition and private sector investment, the ITU report said: "A second wave ...

  • Iran striving to achieve self-sufficiency in oil production 12 May 2008 06:34 GMT
    ... riches on its own — without Western investment or technological know-how — as Iran faces ... Associated Press Writer Sebastian Abbot in Cairo, Egypt, contributed to this report. ...


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