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Fri, 20 Nov 2009 | 22:03 GMT
 
Top Egypt News

  • 24 hurt as Egyptians clash with police at Algerian embassy


    Protesters hurled stones and firebombs at police near the Algerian embassy in Cairo on Friday, wounding 11 officers as anger mounted over attacks on Egyptians after the countries' World Cup qualifier. AFP - 20Nov 13:40GMT
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  • Mega Industrial City Project Underway In Egypt


    Egypt's Industrial Development Authority (IDA) has declared progress is underway in establishing a large-scale industrial project in Cairo. Daily News Egypt - 20Nov 09:27GMT
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  • Suez Lime to set up new plant


    Suez Lime Company will set up a new plant to produce lime in the Suez governorate, with a capacity of 300 tons per day, according to a statement from Suez Cement. Daily News Egypt - 20Nov 09:26GMT
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  • NBE, Banque Misr raise rates on certificates


    The National Bank of Egypt (NBE) and Banque Misr have raised the interest rate on their Egyptian pound certificates (the platinum and special certificates) by 75 bps, to reach 9 percent from the current 8.25 percent, reported Al-Alam Al-Youm. Daily News Egypt - 20Nov 09:25GMT
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  • Arab Polivara revenues drop


    Arab Polivara Spinning and Weaving saw revenues drop 33.6 percent in the third quarter of 2009 to reach LE 49.1 million, down from LE 74 million during the same period last year. Daily News Egypt - 20Nov 09:25GMT
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  • Egyptians clash with police at Algeria's Cairo embassy


    Protestors hurled stones and firebombs at police near the Algerian embassy in Cairo on Friday, wounding 11 officers as anger mounted over attacks on Egyptians after the countries' World Cup qualifier. AFP - 20Nov 09:24GMT
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  • Orascom to challenge $596m tax bill


    Orascom Telecom Holding, the Egyptian international telecommunications company has said it will challenge an Algerian demand for $596.6m in back taxes and penalties against its Algerian subsidiary, Orascom Telecom Algeria. Financial Times - 20Nov 05:54GMT
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  • Two Spanish lost at sea after boat capsizes in Egypt


    Two Spanish tourists were missing at sea after a dive boat capsized off the Egyptian resort of Sharm el-Sheikh on Thursday, medical and security officials said. AFP - 19Nov 13:41GMT
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  • No change in perceptions of corruption in Egypt


    Perceptions of corruption in Egypt remain unchanged in Transparency International's (TI) Corruption Perceptions Index (CPI) with a score of 2.8 out of 10 -- the same ranking as last year. Daily News Egypt - 19Nov 08:22GMT
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  • Zain clients to enjoy cross-border services at low charges


    Zain communication company has launched the "single network" service in Egypt as part of a strategic deal with Mobinil. KUNA (Kuwait News Agency) - 19Nov 08:18GMT
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Orascom Telecom Tunisie, owned by Orascom Telecom Holding and Wataniya Telecom, increased its 2008 subscribers to 4.3 million, a 16.6% annual jump and a 50% market share. The year’s revenues grew by 33% to USD379 million. 
 
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Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Egyptian General Petroleum Corporation Egypt Oil
Edita Food Industries Egypt Food
Orascom Telecom Holding Egypt Telecommunications Services
Commercial International Bank (Egypt) Egypt Banking
Nissan Motor Egypt Egypt Transportation Products
Orascom Construction Industries Egypt Construction and Design
Al Ahram Establishment Egypt Publishing
El Sewedy Cables Egypt Basic Materials and Industrial Products
National Bank of Egypt Egypt Banking
Misr Insurance Company Egypt Insurance
 

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 EntityEvent 
01Nov Organized by dmg world media Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) (4 days from 01-04 Nov 2010)
04Oct Organized by PennWell Corporation POWER-GEN Middle East 2010 (3 days from 04-06 Oct 2010)
03Oct Organized by Riyadh Exhibitions Company Saudi Build 2010 (4 days from 03-06 Oct 2010)
07Jun Organized by BME Global WEPOWER 2010 (4 days from 07-10 Jun 2010)
25May Organized by Al-Iktissad Wal-Aamal Arab International Industrial Forum (4 days from 25-28 May 2010)
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Internet To Speak Arabic
Egypt's communications minister announced the introduction of the first Arabic domain, in a step easing Internet access to millions of Arabic speakers around the world.
 
 
Economy & Politics
Labor Laments
While certain countries in the region like to boast that the crisis has largely passed them by, delegates at the ILO Arab Employment Forum (AEF) in Beirut pointed out that the Middle East already had a chronic employment problem well before the financial crisis struck.
 
 
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The Egyptian market is the best performer of all Arab stock markets over the past 12 months, gaining 28% compared with a 1.2% rise in the MSCI Arabian Markets Index.
 
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Company Ranking
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Orascom Construction Industries Egypt 8,895
2 Telecom Egypt Egypt 5,287
3 Orascom Telecom Holding Egypt 4,827
4 Egyptian Company for Mobile Services Egypt 3,592
5 Egyptian Fertilizers Company Egypt 3,469
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Business Outlook21Jul09
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