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Business


Egypt Talaat Moustafa expects higher 2009 profit PDF Print E-mail
Written by Egypt News   
Monday, 25 May 2009
Talaat Moustafa GroupEgyptian largest developer by market value Talaat Moustafa Group reported Sunday that it expects 2009 net profit to rise 11 percent to 1.6 billion Egyptian pounds as it delivers more units

Total recorded sales would drop to 5 billion pounds from 14 billion in 2008 after the company focused on construction to benefit from lower building costs in the financial crisis, said Jihad Sawaftah, the Finance director.

 
Talaat Moustafa leads Egypt Main Indexes up PDF Print E-mail
Written by Egypt News   
Sunday, 24 May 2009
Egyptian stock Exchange Egyptian stock indexes edged up on Sunday, driven by a rally on the real estate sector led by shares in Talaat Moustafa Group, which gained 5.1 percent after plunging 14.5 percent in the last trading session

The firm's former chairman Hisham Talat Moustafa was sentenced to death for murder on Thursday, and the company's shares declined on what one trader described as a panic.
 
Best bidder in wastewater project: Egypt OCI PDF Print E-mail
Written by Egypt News   
Sunday, 24 May 2009
Orascom Construction Industries (OCI)Egyptian largest listed builder Orascom Construction Industries said on Sunday its joint venture with Spanish Aqualia submitted the best financial bid for a Cairo wastewater treatment project

The value of the bid stood at $459 million, and the winning consortium would build and operate the plant for 20 years. The company said bids were still under evaluation, said Orascom Construction Industries .

 
Iraq, Egypt sign energy agreement PDF Print E-mail
Written by Egypt News   
Wednesday, 20 May 2009
Egyptian Oil Minister Sameh FahmyIraq and Egypt signed an agreement Wednesday to boost cooperation in the energy field in the latest move by the battered country to improve relations with its Arab neighbors.

Iraqi Oil Minister Hussain al-Shahristani said that under the deal, Egyptian oil companies will take part in exploration, drilling wells, developing fields and building plants such as refineries and pipelines.
 
Egypt main indexes down PDF Print E-mail
Written by Egypt News   
Wednesday, 20 May 2009
Egypt main indexes downEgyptian indexes declined on Wednesday in a low volume session dominated by local retail investors, traders said, while trade in Orascom Telecom and Mobinil remained suspended.

The benchmark index .EGX30 ended 0.72 percent lower at 5,937.11 points, while the broader EGX 70 dipped 1.44 percent to 606.32 points.
 
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Cairo Cinema

Hotel for Dogs Movie poster

Hotel for Dogs 

Two kids secretly take in nine stray dogs at a vacant house and turn it into a hotel for dogs.
Starrings: Emma Roberts, Jake T. Austin
Directed By: Thor Freudenthal...
All Movies      

Cairo Events

International Exhibition for printing industry - TECHNO-Print

Duration: 24-28/5/2009
Place: Cairo International Convention & Exhibition Centre
Tel. : +2(02) 23962661 - 23962683 Fax : +2(02) 23962702

   All Events



 

 



 

 

 



Egypt Video

Michael Jackson (King of the POP)

Michael Jackson (King of the POP)

FIFA Confederations Cup (South Africa 2009)

FIFA Confederations Cup (South Africa 2009)

H1N1 Epidemic and Pandemic Alert and Response (EPR)

H1N1 Epidemic and Pandemic Alert and Response (EPR)

Global Financial Crisis

Global Financial Crisis

 

Famous win for Pharaohs

African champions Egypt showed no ill-effects from their dramatic opening defeat against Brazil to ...

 

FIFA Confederations Cup (South Africa 2009)

FIFA Confederations Cup The FIFA Confederations Cup is an association football tournament for nat...

 

About Qualifying Industrial Zones

Qualifying Industrial Zones (QIZ) Qualifying Industrial Zones (QIZ) are industrial parks that ho...

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