GB Auto acquires 96% of Chinese-made car sales
Ghabbour Auto was able to acquire 96% of the Chinese car market in Egypt. Its two main brands, Chery and Geely, recorded sales of 5,777 units over the first seven…
Brilliance to set up plant for local assembly, integrated service centres at cost of $84m: general manager
The company addressed the government to allocate the required land for the project
The banks and the sinking boats
Who among us did not suffer when hearing the news of the over 200 souls who drowned in the sinking of an illegal migrant boat off Egypt’s coast? Most of…
Egypt struggles to implement IMF’s conditions before board meeting
The foreign exchange reserves registered $19.59bn in September, an increase of 18.2% compared to August, says the CBE
Fully liberalised exchange unlikely: Arqaam Capital
Following Beltone’s research report, Arqaam releases its perspective on the specifics of a likely partial floatation of the Egyptian pound
Social media users start online solidarity campaign with arrested PTA workers
The six labour leaders were disappeared and arrested last week without a warrant
Does GCI’s assessment of the Egyptian capital market reflect EGX’s real position?
While EFSA believes that Egypt deserves a better assessment in the ‘regulation of securities exchanges’, investors assert that rules of finance are more complicated
Labour strikes in Sinai, Menoufiya echo economic demands
Workers in two private companies demanded an increase in salaries and better safety measures
Sawiris and Cypriot partner to develop touristic real estate project
Sawiris is contributing 80% through Gemini Holding and Makronisos with 20%
Health sector requires $2.6bn annually from foreign exchange: Prime Minister
Pharmaceutical factories must continue to work at full capacity to cover local market and export needs, says Ismail