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 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 ...