Latest Business News
Oriental Weavers reports 12.85% sales decline in 1Q 2020 due to COVID-19
We anticipate further decline in sales during 2Q 2020, plans projected to…
AAIB invests EGP 2bn establishing office space in Landmark Sabbour’s 1-NINETY
Growing demand for administrative, commercial real estate as prime office rents are…
Egypt launches second phase of EU-funded Community Development Program
Total of EGP 111m will be invested in 5 governorates under CDP
CBE receives 26 offers to invest $720m in T-Bills auction
The CBE accepted 20 offers worth a total of $509.3m, with interest…
TSFE to launch 4 sub-funds in health, infrastructure, fintech, and food
Fund negotiating with investors to exploit state assets for huge local economy…
L’Oréal Egypt to donate over 50,000 locally produced hand sanitiser units
Over 10,000 units of personal hygiene products to be distributed to medical…
Government supports ERC’s anti-coronavirus efforts in partnership with USAID
USAID assists ERC's efforts with EGP 51m to contain pandemic
Merging tourism, antiquities funds based on practicalities: El-Anany
Suggested tourism and antiquities fund aims to support, finance activities that stimulate…
ODE records 10.5% revenues decline to EGP 903.8m in 1Q 2020
Group generated more savings in finance costs in 1Q 2020, with interest…
New Nubaria Development’s investment plan stands at EGP 150m in FY 2020/21
Authority launches campaign to remove building violations