Latest Business News
EM securities attract $15.1bn in July in continued stretch of positive inflows: IIF
Recovery will be dependent on EM complex’s capacity to put in place…
Egypt among MENA best-performing economies despite COVID-19: OBG
Writing in its recent publication, “The Report: Egypt 2020”, the group added…
Housing Ministry establishes first phase of New Mansoura power transformer
Mohamed Ragab, head of the New Damietta City Development Authority and supervisor…
Gold prices hike notably as 24-carat breaks EGP 1,000 barrier
Bullion coin price rises by about EGP 72 to EGP 7,048
IMF expects global goods, services trade to contract 12% in 2020
The report noted that the global volume of goods trade in the…
Egypt’s local bank deposits increase to EGP 3.268trn in June: CBE
The CBE added that demand deposits recorded about EGP 482bn, of which…
Finance Ministry to integrate its electronic systems by June 2021: Maait
Ministry has made great strides in digital transformation, says Maait
Juhayna reports 5.9% y-o-y decline in Q2 revenues
Juhayna’s net profit in Q2 of 2020 grew 9.4% to EGP 118mn,…
Oil prices gain amid positive data
West Texas Intermediate for September delivery rose to $41.01 a barrel, while…
Stable EGX trading expected after holidays supported by stamp duty cut
EGX trade sessions last week, also the final week of July, were…