Latest Business News
One year after Egypt floated its currency, foreign investors are back to local stock market
EGX30 sours 63% in a year as cheap stocks attract attention from…
Flotation was boldest decision in history of Egyptian economic, banking sectors
FX up by $17bn, foreign investments in government debt instruments mark $18bn
World Youth Forum kicks off in Sharm El-Sheikh
In a few days, the World Youth Forum (WYF) will take place…
Exchange rate liberalisation reduces Etisalat’s revenues by 50% during H1 2017
EGP 1.1bn revenues for the current year, compared to EGP 2.2bn in…
Tarek Metwally resigns from BLOM Bank Egypt after 31 years
Metwally was the Deputy Managing Director and Board Member
GE’s new Badr substation in Egypt connects 1.5 GW to the grid
The new substation will secure power supply with minimum loss of transferred…
Trend Micro survey finds ransomware threatens businesses in Egypt
Trend Micro Incorporated, a global leader in cybersecurity solutions, conducted a survey…
Outsource technicians demanding to join TE or TE Data
The company avoids hiring them for not giving them financial benefits to…
Agreement signed between Fawry, B.Tech for customers’ instalments
The demand for instalment services has increased in light of the current…
Mobile internet users up by 10% in August
The Internet market attracted 3.5 million new clients in August, compared to…