Latest Business News
Losses continue to rack GM’s Opel
Despite intense efforts to turn a profit, Opel has yet to come…
XD-Egemac implements 80% of electricity transformer stations in Banban
The company received EGP 447m and projects are to be operational within…
Young man reportedly killed near Al-Arish due to reckless shooting
Two other civilians were injured in the same shooting while one conscript…
CBE launches initiative to renovate floating hotels and tourism fleets with EGP 5bn, 10% interest
The Central Bank of Egypt (CBE) launched an initiative to subsidise the…
Banks operating in Egypt record EGP 56bn net profits in 2016: CBE
The Egyptian banking sector is powerful and capable of overcoming the effects…
Industry ministry establishes Export Development Center, including EITP
Head of the centre and his deputies to be appointed, forming the…
Egypt aims to import LNG shipments in 2018
Egypt is planning to import between 100 and 108 cargoes of liquefied…
CAPMAS predicts one degree Celsius rise in temperature will lead to 18.2% decline in wheat productivity
In its most recent study on strategic crops in Egypt, the Central…
Beltone delineates Egypt’s economy over the coming 5 years
Beltone Financial issued its annual report covering the Egyptian economy, titled “the…
Careem targets 30% month-on-month growth in business size in Egypt during 2017
Careem Egypt aims to achieve a 30% month-on-month growth rate in the…