Latest Business News
AMOC records robust June sales despite COVID-19
AMOC noted that its total sales of petroleum products amounted to 14.5…
MTI results fall short of expectations for Q2 of 2020
The company reported a bottom-line of EGP 103m, down 13% year-on-year (y-o-y),…
Eastern Company targets 9% revenue growth in FY 2021
Eastern Company new budget targets a top-line of EGP 15.9bn, a growth…
Egypt Post, AOI cooperate on developing postal services
The two entities also agreed to manufacture 50 cars before the end…
Egypt’s auto market shows potential recovery as June sales surge 18%
This comes despite auto market sales in Q2 of 2020 reportedly being…
Egypt sees 36.2% decrease in May trade deficit: CAPMAS
The report, issued on Wednesday, noted that the country’s trade deficit stood…
EFG Hermes concludes advisory role in $50m sale of Fawry shares
EFG Hermes acted as sole bookrunner of the Fawry shares transaction on…
Tokyo stocks close lower on earnings concerns, firm yen
Investor sentiment remained pessimistic sending Tokyo stocks lower for a fourth straight…
FAO says Kenya on course to eradicate desert locusts
FAO is fighting 2nd generation of desert locusts that have been successful…
Egypt-China economic cooperation will further grow post-COVID-19: Chinese Ambassador
During a press conference on Tuesday, Liao noted that China and Egypt…
