Saturday 23 August 2014
 
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Egypt

Man’oushe Street eyes big Mideast expansion

Man’oushe Street, a popular Middle Eastern restaurant chain that serves traditional, home-styled street food, has opened its first restaurant in Egypt. Located in North Coast, Marassi Village By Emaar, M Porium Mall, the new resta

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Bahrain firm, Egypt army win massive Suez project

Egypt has chosen a consortium that includes the Egyptian army and Bahrain-registered engineering firm Dar Al-Handasah Shair and Partners to develop an industrial and logistics hub in the Suez Canal area. The Suez Canal is the fast

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Bahrain's Dar Al-Handasah, Egypt army win Suez hub project

Egypt has chosen a consortium that includes the Egyptian army and Bahrain-registered engineering firm Dar Al-Handasah Shair and Partners to develop an industrial and logistics hub in the Suez Canal area. The Suez Canal is the fast

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Arab Contractors in $180m Algerian industrial zone deal

The Arab Contractors, a leading construction firm in Egypt, is implementing three major industrial zones worth $180 million in Algeria, said a report. The cost includes utilities alongside other infrastructure works for the three

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New Suez Canal project to cost $8.4bn

The new Suez Canal project will cost about 60 billion Egyptian pounds ($8.4 billion), funded by debt certificates to be issued "in about a week", Egyptian Prime Minister Ibrahim Mehleb said on Thursday. The "Suez Ca

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Orascom TMT Q2 profit down 22.7pc

Egypt's Orascom Telecom Media and Technology Holding said its profit fell 22.7 per cent in the second quarter to 351.68 million Egyptian pounds ($49.19 million). The results came in a statement published in Egyptian newspapers. -

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Talaat Moustafa H1 profits rise 12pc

Egyptian property developer Talaat Moustafa said that its net profit was up 12 per cent for the first half of this year. Its after-tax profit was 351.543 million Egyptian pounds ($49.17 million) in the six months to June 30, compared to

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Egypt's Mubarak denies ordering killing of protesters

Former Egyptian President Hosni Mubarak denied in court on Wednesday ordering the killing of protesters during the 2011 uprising that ended his 30-year rule. Mubarak was sentenced to life in prison in 2012 for complicity in the deaths o

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Egypt court dissolves Brotherhood political wing

An Egyptian court on Saturday dissolved the Freedom and Justice Party (FJP), the political wing of the banned Muslim Brotherhood, dealing a crippling blow in the campaign to crush Egypt's oldest Islamist movement. A court bann

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Egypt foreign reserves top $16bn end-July

Egypt's foreign reserves rose to $16.736 billion at the end of July from $16.687 billion in June, the central bank said on Thursday. Reserves fell sharply after a 2011 uprising that ousted President Hosni Mubarak but rose last

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