Latest Business News
Glamera secures 6-figure seed funding
Plans include expansion in Saudi market and further related services on offer
Oriental Weavers reports EGP 53m drop in net profit hampered by weaker demand
Company notes COVID-19-induced slowdown in demand since February 2020
ODE reports 17.5% decrease in H1 revenues to EGP 1.9bn
Company’s sees decreased gross profit due to pandemic affecting business operations since…
Egypt’s hotel market records 50% y-o-y decline in H1 2020: Colliers
Branded hotel keys is projected to increase to 83,100 in FY 2020
B Investments establishes healthcare sector company
First deal worth EGP 150-200m to be executed before end of year
Siemens Energy, ETHYDCO sign 10-year servicing contract
Reducing unplanned downtime and increasing operational workflow is critical in achieving production…
Egypt directs EGP 6bn in urgent commodity, service finances in July: Maait
The finance aims to enable public entities to fulfil their commodity and…
Uber launches Connect in Egypt for goods transportation
Egypt is first country to roll out the product in MENA region
Egypt Post retires manual parcel collection, deposit fee in favour of digitisation
All paperwork systems have also been abolished
Egypt to launch €600m Euro-denominated T-bills bid on Monday
Bid proceeds will be used to pay for previous CBE bid offered…
