Latest Business News
Midea makes bid for robotics maker Kuka official
Chinese appliance firm Midea has announced it has launched a cash offer…
Abou Hashima looks to revamp Egyptian media by becoming its most dominant player
Following his recent purchase of ONTV, Abou Hashima is planning a number…
Fed decides not moving is best
Ending its two-day policy meeting, The US Fed has refrained from hiking…
EFG Hermes expands into renewable energy in Vortex’s acquisition of Pan-European assets
EFG Hermes and EDP Renováveis S.A., reach agreement on the sale of…
Sinoma International Engineering signs contract with Defence Ministry worth €1.05bn
The amount will be paid in instalments over the course of 11…
Deutsche Post DHL makes its own electric delivery vans
Deutsche Post DHL is developing and manufacturing its own electric delivery vans,…
US industrial output takes a dive
US industrial production has fallen sharply, a fresh report by the Federal…
Ambiguity mars CBE’s next move on EGP interest rates
The Central Bank of Egypt faces difficulty on inflation hike of more…
TDA to begin examining land bids by companies in July: TDA head
Land in Ras Sidr is the most sought after by investors, followed…
NBE secures EGP 30m of loans for Taba and Nuweiba resorts: member of Nuweiba-Taba Investors Association
NBE secures EGP 30m of loans for Taba and Nuweiba resorts: member…