How will the price reduction initiative affect the profit margins of listed food companies?
Several listed companies operating in the food sector have decided to reduce the prices of their products in line with the Prime Minister's decisions to launch a price reduction initiative.…
IFC, Banque Misr join forces to support small and women-owned businesses in Egypt
International Finance Corporation (IFC), a member of the World Bank Group, and Banque Misr, Egypt’s second-largest public sector bank, have announced a partnership to increase access to finance for privately-owned…
Prime Minister follows up on implementation of Price Reduction Initiative
Egyptian Prime Minister Mostafa Madbouly held a meeting on Sunday to follow up on the implementation of an initiative to reduce prices of basic goods. The meeting was attended by…
Egypt invites regional leaders to summit on Palestinian crisis
Egypt continues contact with international partners to stop Israel's aggression that targets civilians in Palestine
We aim to export $9bn worth of outsourcing services by 2026: Communications Minister
Prime Minister Mostafa Madbouly visited the Smart Village, where he met with five of the largest international companies in the field of information technology and outsourcing services. He was accompanied…
Spain and Egypt enjoy fruitful relationship: Ambassador
Spain and Egypt have a strong and productive relationship, according to Spanish Ambassador to Egypt, Álvaro Iranzo. The Ambassador made these remarks during the celebration of the Spanish National Day.…
AUR Consumer Finance to launch EGP 300m securitization bond issuance soon
AUR Consumer Finance, a subsidiary of AUR Capital, is preparing to launch a securitization bond issuance worth EGP 300m in the coming days, according to sources who spoke to Daily…
Ministry of Agriculture allocates EGP 219.6m to National Veal Project
Total amount pumped into project so far reached EGP 8.263bn to over 43,000 beneficiaries
Beltone Financial to launch credit rating company
Company has agreed with CRIF to provide it with credit systems: Sources
South Korean Embassy in Cairo supports Korea-Egypt business ties
The Korean Embassy in Egypt hosted a seminar on 12 October at the Nile Ritz-Carlton Hotel to assist Korean businesses in Egypt and explore ways to enhance economic cooperation between…