Latest Business News
Cement companies report mixed results for 1Q 2020
Ongoing pandemic, temporary suspension of building permits have affected demand for cement…
ITIDA receives information security ISO certificate
Certification provides methodology for building integrated information security system that achieves highest…
FPI exit from Egypt’s T-Bills slows significantly to $2.4bn in April
FPIs recorded EGP 111bn ($7.0bn) as of April, down EGP 37.8bn ($2.4bn)…
Oriental Weavers expects improved 3Q financial results after export improvement
The company's performance is expected to improve with the support of pent-up…
Jumia introduces interest-free instalment plans marking 8th anniversary
E-commerce sector grew by 80% due to coronavirus pandemic
Pensioners to receive five overdue bonuses in July
Overdue bonuses targets 2.4 million pensioners, and will cost EGP 28bn, says…
Fawry reports leap in profits due to COVID-19 related measures
Fawry’s net profit amounted to EGP 30.7m in 1Q 2020
Parliament approves $50m EBRD agreement for energy efficiency improvement
Agreement supports Egypt's transformation into regional energy hub, says Minister Al-Mashat
Egypt, AFD sign €151m grant agreement to support energy sector
Agreement provides finance for technical assistance needed to reform Egypt’s energy sector