Latest Business News
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…
Egypt mortgage finance drops 84.2% in April
Mortgage Finance Fund did not provide any funds during April, says FRA
International tourism loses $320bn in 5M 2020
Losses caused by COVID-19 up to May are already three times that…
Egypt to offer 26 T-bills, bonds tenders worth EGP 185.25bn in August
Auctions part of government plan to borrow EGP 600bn from local market…
Egypt’s NTRA tests quality of mobile services in June
The quality tests were conducted at nearly 81 cities and neighbourhoods, covering…
HHD expected to announce its development plan within days: sources
The plan aims to maximize the value of the company, and make…
Top taxpayers in Egypt to issue e-invoices by mid-November
This is the first phase of making e-invoices mandatory for all taxpayers.
Egypt’s government investments stand at EGP 280.7bn in FY 2020/21 budget
The new investments aim to move the economy onto sustainable growth, and…
