Latest Business News
IMF welcomes Egypt’s intention to sell shares of SOEs, military companies on EGX
Our discussions with Egypt focused on possible modalities of future engagement rather…
Automotive market anticipates impacts of eliminating customs on Turkish-origin cars
Turkish car prices expected to fall by 2.5% in 2020
CIB achieves net profits of EGP3.2bn in 3Q19
Beltone rates CIB’s fair value at EGP81.07
Vested Entrepreneurship Summit promotes $50,000 prize and technology platform
During the summit, she announced the launch of a technology platform to…
Egypt is Brazil’s No 1 trade partner in Africa, Arab region: diplomat
“The free trade agreement between Brazil and Egypt that was enforced in…
Vodafone International acquires Vodafone Egypt’s VIS for EGP 1bn
Vodafone Egypt holds 55% of VIS platform, while 45% stake belongs to…
Construction of EGP 17bn Alexandria Metro to start in 1Q 2020
Project to be implemented in three phases over two years, says Alexandria…
Egypt’s net foreign reserves rise by $128m to $45.247bn in October
It’s the highest foreign exchange reserves in Egypt’s history, covering more than…
Egypt continues to be EBRD’s success story in SEMED
The bank’s investments in 2019 to exceed €1bn
Untapped potential in MENA’s cross-border power interconnection
WBG, LAS, and AFESD launch 1st Pan-Arab Energy Trade Conference in Cairo