ODE achieves 16.9% growth in sales in 1H 2022
Furthermore, total revenues reached EGP 3.8bn — up 27.6% y-o-y — compared to EGP 3.0bn in 1H 2021. Gross profit increased by 18% to EGP 1.3bn, compared to EGP 1.1bn.
Egypt, South Korea cooperate on capacity building for public finance management
The three-year programme consists of capacity-building sub-programmes that will run till 2024.
B.TECH online sales account for 20% of its total sales
The company is launching an app that allows merchants to buy at wholesale price in instalments
Egypt’s unemployment rate unchanged at 7.2% in 2Q 2022: CAPMAS
Labour force increases to 29.985 million individuals in 2Q 2022, compared to 29.895 million in 1Q 2022
Government works on putting debt-to-GDP ratio on downward path: Finance Minister
Maait said: "We will continue our efforts to put the debt-to-GDP ratio on a downward path, reduce its burdens, and develop public financial management, by pursuing more flexible fiscal policies…
Misr Clearing signs agreement with Saudi Clearing
The agreement aims to foster the exchange of experiences and information in the field of securities clearing to come up with a more reliable package of services.
Amr Helal joins CI Capital as Sell-Side CEO of its investment bank
The new CEO will assume oversight of the group’s investment banking, securities brokerage, and equity research lines of business.
‘Kira We El Gin’ is great addition to my career: Karim Abdel Aziz
Presenting important role is essential for any actor, but I also care about film profits
50 Indian companies invest total $3.15bn in Egypt: Ambassador Gupte
Egyptian investments in India amount to $37m, says Indian ambassador to Cairo
Saudi-based Purity invests in rising online grocery startup Appetito
Purity specialises in improving IT infrastructure efficiency, business applications, service continuity, and helping other firms manage and secure infrastructure against security threats.