Latest Business News
US dollar hits EGP 16.99 mark for first time since March 2017
The average dollar price on Wednesday recorded EGP 17.01 to buy and…
Khartoum’s political unrest casts shadow over Egypt-Sudan electrical interconnection
A delegation from Sudan was supposed to visit Egypt and start the…
Egypt’s unemployment rate drops to 8.1% in Q1 of 2019: CAPMAS
Unemployed individuals reached 2.267 million, with 2.5% decline compared to Q4 of…
EFG Hermes concludes advisory on Finablr’s £337m IPO on London Stock Exchange
Finablr is a global platform for payments and foreign exchange solutions, with…
IMF mission praises Egypt’s tourism structural reform programme
During the meeting, Al-Mashat highlighted the importance of the tourism sector for…
Beltone raises Domty’s FV to EGP 14.8, maintains buy rating on back of buoyant sandwich business
Beltone estimate that non-cheese revenue to grow by 61%, with Domty’s cheese…
IFU’s Sharia compliant equity fund ‘Helal’ managed by CI Capital awarded ‘Best Equity Fund in 2019’ from Lipper Fund Awards
The Best Equity Fund for its 3 Years Cumulative Performance in 2019
CI Capital’s ‘Estithmar’ awarded ‘Best Equity Fund in the Middle East and in Egypt in 2019’ by Lipper Fund Awards
The Best Equity Fund for its 3 and 5 Years Cumulative Performance…
Safety, trust: 2 main challenges toward autonomous vehicles roll-out
The Future of Autonomous and Urban Mobility project seeks to advance leading-edge…
Kayan Egypt best SEAT agent in emerging markets in 2018
SEAT International changes Cobra strategy: “We do not seek to win races,…
