Latest Business News
Egypt to start trial operation of electricity interconnection with Sudan at 60MW capacity
Shaker said that the trial operation will start as soon as possible…
Ecomondo 2019 to launch from Tuesday 5th to Friday 8th November at Rimini Expo Centre
It will be held simultaneously with Ecomondo, Key Energy, for the world…
Real estate developers to start collecting instalments through banks over the next five years: Property Finder
Developers, brokers are to continue focusing on digital platforms to reach largest…
Egytrans’s revenues rose 43% to EGP 89m in Q1of 2019
Net profit boosted by 27% y-o-y reaching 18m
Lufthansa Group to operate an Airbus 330 aircraft to Egypt this summer
Company now operates flights to Red Sea from Belgium, Germany and Switzerland,…
UAE approved Uber’s acquisition of Careem
UAE currently 1st country in relevant markets to grant approval of Uber’s…
China appoints new ambassador to Egypt
Liao Li Qiang to meet president Al-Sisi for his credentials soon
Egypt, France negotiate over €35m in new funding for agricultural SMEs
Local authorities have ambitious plans to develop agriculture sector, says French ambassador
Banks operating in Egypt post net profit of EGP 39.29bn end-March
Top 5 banks denominate 74.48% of profits, top 10 account for EGP…
EIPICO starts acquisition measures of 9.77% stake of MUP for over EGP 200m
New financial adviser appointed to assess fair value of deal before sending…