Latest Business News
EBRD appoints new Director for Eastern Mediterranean region
Ter Woort had served as bank’s first Director, Head of Egypt in…
IsDB, ITFC launch online learning platform sharing medical knowledge
Initiative comes as part of bank’s COVID-19 crisis response action
DHL Express, Baheya collaborate to support breast cancer patients amid Covid-19 pandemic
Partnership starts in Ramadan, aims at delivering medication to doorsteps of breast…
Ministers of Environment, Military Production address waste disposal during COVID-19
Urgent, tight measures to be taken in quarantined areas to contain infection…
Suez Cement board, senior management take salary cuts due to COVID-19
Company hit by general low demand, high production costs due to the…
Oil prices slump amid mounting storage fears
US oil prices posted a record weekly loss of 32.3% based on…
US stocks rally amid hopes for reopening economy
Dow Jones Industrial Average stocks increased 1.51%, to 24,133.78. The S&P 500…
Egypt allocates EGP 1.8bn to upgrade electricity networks in FY 2021
El-Sayed added that several major electricity projects have been established to meet…
Egyptian manufacturers renew calls to cut factory energy prices
The sharp decline has been attributed to the worldwide decrease in global…
MCI revenues up 22% in 3Q 2020 due to high demand for disinfectants
Company targets net profit of EGP 77m in FY 2020/21