Production costs in Egypt’s market are highly competitive: Coca-Cola

Company boosted an average investment of $500m in past 3 years, says GM

Hagar Omran

Egypt-US strategic relations rooted for over four decades

US-Egypt relations have gone through several stages. Before the 1952 revolution, Egypt hosted on 22 November 1943 the “1st Cairo Conference” launched by US President Franklin Roosevelt with the participation…

Daily News Egypt

Egypt slash fuel subsidies raising petrol and diesel prices by 25%

New price for octane 80 petrol, diesel set at EGP 6.75, octane 92 petrol EGP 8, LPG cylinder to EGP 65

Mohamed Samir

US-Egypt trade exchange approaches $3bn in the first 4 months of 2019: AmCham

“We have good, evolving economic story to share” says AmCham’s President

Hagar Omran

Acumen sues FRA for EGP 20m over damages to brand reputation

The company demanded a compensation of EGP 20m for damages suffered as a result of the defamation of the company's reputation within the stock market.

Daily News Egypt

World Bank announces $500m to expand, improve Egypt’s social safety nets

Funds reassure World Bank’s commitment to promoting human capital development

Daily News Egypt

Carrefour to open 4 branches in coordination with ITDA in investments worth EGP 230m

According to the ITDA, the space of any hypermarket in Egypt ranges between 10,000 and 15,000m, while the supermarket area ranges between 1,600 and 4,000m.

Basma Tharwat

Egyptian Mineral Resources Authority targets EGP 2.4bn in profits in FY 2019/20

Government calls on management to develop various investment plans to increase profits

Egypt’s PMI improves slightly, yet still in contractionary territory

According to the PMI, the average of 49.4 over the second quarter (Q2) of 2019 was the strongest since Q3 last year, and was noticeably better than the long-run series…

Nehal Samir