Latest Business News
Porto Group launches ‘Money Back Porto’ programme to finance real estate project
Real estate unit prices range from EGP 450,000 to EGP 5.5m, says…
FEI machinery and equipment division looks to hold annual exhibitions in Africa
The division targets $1bn worth of machinery exports to Africa in the…
Egypt acquires 50% of lagoons in Middle East: Crystal Lagoons regional director
Contracts between Crystal Lagoons and Egyptian developers amount to $5bn, says Salas
Siemens to start operation tests of Borollos power plant Tuesday
German company Siemens is set to start the trial operations of Borollos…
State treasury receives EGP 24.92bn from CBE’s total profits in FY 2015/2016 ending in June
According to the CBE’s financial statements approved on 20 September, the bank's…
How did the Communications Ministry manage to take the Egyptian market to 4G?
Companies are paying the value of the licences in cash, with a…
Cairo maintains 5th place as top tourist destination in Middle East and Africa: MasterCard
Cairo registered a 1.5% growth rate in the number of international overnight…
5 banks in Egypt account for 71.47% of banking sector’s total profits as of June: CBE
The sheer capital of banks amounts to EGP 100.72bn, with the top…
Electricity Ministry begins paying dues to companies that left feed-in tariff projects without fines
Cairo Solar received EGP 19m from EETC for cost-sharing agreement premiums and…
Government should not exaggerate company assessments in order for IPO programme to succeed: EGX chairperson
Corporate structuring before an IPO is an essential step, which takes more…
