Latest Business News
$510m increase in Egypt’s foreign exchange reserves in May: CBE
The Central Bank of Egypt (CBE) announced that foreign reserves increased by…
Cleopatra Hospital shares begin trading on the EGX
International investors constituted the majority of orders for the institutional offering
Industry Minister reviews draft of Golden Triangle project’s masterplan
The project includes industrial and mining plans as well as agricultural, tourist…
Abou Hashima acquires 51% of Presentation Advertising Agency
This acquisition will negatively affect the Egyptian media market, eventually causing media…
Saudi Public Investment Fund invests $3.5bn in Uber
The PIF will have a seat on Uber’s Board of Directors
ECB corporate bond buying in focus
Starting this month, the European Central Bank (ECB) will be buying up…
IDA receives 8 requests for cement licences after deadline ends
IDA has completed the delivery of TORs on 14 new licences for…
M Square Properties launches largest project yet with EGP 2bn investments
In this unusual project, three villas will be built on top of…
11 Egyptian entrepreneurs to participate in Global Entrepreneurship Summit in California
Meetings to be held with businessmen and government bodies to support entrepreneurship,…
Beltone Financial Holding to acquire majority stake in New York-based brokerage firm
This agreement will expand Beltone’s presence in the US, in addition to…