Orascom Hotels turn profitable in Q1

Orascom Hotels and Development’s consolidated financial statements for the first quarter of fiscal year 2017 showed...

SODIC profits for Q1 leap 288% inclusion in Egypt

Sixth of October for Development and Investment’s (SODIC) net profits for the first quarter of fiscal year 2017 witnessed a hike of 287.8% to...

South Valley Cement turns profitable in Q4

South Valley Cement Company turned to profitability in the fourth quarter of fiscal year 2016, compared to the same period last year. Net profit...

GM to stop making cars for Indian market

General Motors (GM) has announced that it will stop making cars for the Indian market by the end of 2017. The firm, which sells its...

Oriental Weavers Q1 profits leap 174%

Oriental Weavers’ consolidated net profit for the first quarter of fiscal year 2017 jumped 174% to EGP 257.59 million, versus EGP 94.16 million for...

An Egyptian inventor establishes a company in the USA “Al Bedaya”

The new invention (VOXERA), by the Egyptian inventor, Amr Al Gabaly, is a device that allows international call transfer at local price from any...

Construction equipment market to hit $241bn by 2020

The global construction equipment market is expected to reach $240.97 billion over the next five years with a CAGR  (compound annual growth rate) of...
Cloud computer

Cloud computing creates New Job Opportunities

The first annual forum of The Academic Regional Network for IT Policies, held in the AUC, stressed on the importance of focusing on the ...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...

Petroleum Marine Services Company (PMS) Profits increase 28% in 2023

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...

Misr Maintenance Company achieves EGP 8.8 bn revenues

The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...