Latest Business News
IMF expects 4% growth for Egypt in FY 2016/17 compared to government expectations of 5.2%
IMF predicts inflation will reach 18.2% in FY 2016/17, compared to the…
Moroccan Attijariwafa bank new owner of Barclays Egypt
Barclays Bank PLC agreed to sell its retail and corporate banking business…
ECA detects monopolistic practices in Egyptian automotive sector
The Egyptian Competition Authority (ECA) has revealed the presence of monopolistic practices…
EDFM reviews real estate investment’s alternatives for 100 acres
The company opens a real estate investment file again after it was…
Contrary to market expectations, CBE fixes US dollar price in its regular auction
The bank directed the auctioned US dollar to cover imports of pharmaceutical…
TE increases short numbers subscription’s price to EGP 68,800 annually
EGP 46,300 increase in prices compared to last year's contracts
Chevrolet acquires 76.4% of US cars sold in Egypt over 7 months
Chevrolet dominated the top five places on the list for the most…
Passenger cars achieve EGP 18bn in sales in first 7 months of 2016
The automotive market struggled to move 84,400 passenger car units during the…
Kia Sportage outperforms Opel Astra sales
Kia Sportage took the top spot from Opel Astra in sales of…