Latest Business News
Experts predict worldwide recession of 1.9% in 2020: German ifo Institute
Economic output in US is expected to fall 4.6%. GDP would decrease…
First COVID-19 case confirmed in North Sinai
Following positive diagnosis, patient was placed in quarantine to receive medical treatment
Construction on new phosphoric acid project to start in June
Launch of project is good news for Abu Qir Fertilizers
Shezlong reports 31% increase in online mental health sessions
Increased awareness of help for those suffering due to the coronavirus has…
Lecico Egypt reopens factory, closes another due to confirmed COVID-19 cases
The factory, which produces 35% of the group’s sanitary wares products, was…
Hesham Mekawi retires as BP North Africa Regional President
He will continue in his current role until 1 July 2020, and…
Kima expected to report losses in 3Q 2020: Naeem Research
Naeem’s estimates do not take into account Kima’s new factory commencement in…
US stocks jump after Fed on hold, encouraging news on antiviral drug
US stocks index Dow Jones Industrial Average jumped 2.21%. S&P 500 rose…
Oil prices surge amid hopes for economy reopening
Oil prices were also supported as data showed a smaller-than-expected build in…