Latest Business News
Macri’s defeat in Primary, Hong Kong’s protests cause market panic
Gold up 0.5% to $1,524 per ounce, silver climbed 1.1% to $17.25
IIF expects world Brent oil prices to average $65/b in 2019, $62/b in 2020
“We expect growth in US crude oil production to decelerate from 1.6m…
Egypt releases new promo video showcasing ‘hidden gems’ in new tourism drive
The campaign video highlights different experiences that Egypt has to offer in…
Odds and consequences for the no-deal Brexit scenario
How will a no-deal Brexit, which is highly expected by politicians, affect…
SODIC reports EGP 2bn revenues in 1H19, a 92% growth
Gross profit grew 23% to hit EGP 630m during the period, reflecting…
Lekela reaches financial close for its 1st wind farm in Egypt
Project to reduce more than 550,000 tonnes of carbon dioxide emissions per…
Hilton, Alshaya Group partner to develop 70 Hampton by Hilton Hotels
With the first hotel expected to open in Kuwait in 2021, Alshaya…
EFG Hermes net profits up 49% y-o-y to record EGP 304m in 2Q19
The company achieved revenues of EGP 1.1bn, reflecting a 13% y-o-y increase…
MNHD revenues record EGP 1.089bn in 1H 2019
Despite the strategic postponement of new launches in Taj City to the…
Egypt’s headline inflation drops to 4-year low of 8.7%, core inflation retreats to 5.9% in July
The announcement defied analyst expectations, as in July the Egyptian authorities decided…
