Latest Business News
McDonald’s aims to inject EGP 120m annual investments up to 2020
Company achieved EGP 950m in sales last years, targets 7% annual increase
Industry Ministry targets 8% industrial growth in 2020
The ministry aims to reduce the trade deficit by 40% in 2020,…
Egypt loses 20% of wheat supplies due to inadequate infrastructure
Bread industry is hampered by complex tender procedures and inspection requirements, says…
Government to secure 18m cubic metres of gas/day for Siemens power plants by year’s end
The three projects require 66m cubic metres of gas per day to…
Government crisis in Brazil urgently seeking savior
In Brazil's political crisis anything seems possible these days. How long will…
Monsanto rejects Bayer’s takeover bid
US agribusiness giant Monsanto has rejected a multi-billion takeover bid by German…
Criminal case opened against Switzerland’s BSI bank over Malaysian fund
Switzerland has opened criminal proceedings against the BSI bank, linked to the…
Adidas to sell robot-made shoes in Germany
Your next pair of Adidas shoes may be put together by robots…
IMF urges France to expand controversial labor reforms
France’s economy is recovering at a pace insufficient to combat high unemployment…
Kuwait’s Al Salam presents a disclosure report on issuing certificates of deposit to the EGX next month
The company plans to complete the report within one month. It will…
