Latest Business News
Egypt’s budget: optimistic aspirations and a difficult reality
The government hopes to reduce the budget deficit to 9.8% and control…
Petroleum Ministry’s submarine awaits arrival of French ship to locate black box
The navy expanded its search area to 80 sqkm in the Mediterranean,…
40 Lebanese companies to visit Egypt’s industrial zones next week
Bilateral meetings will be arranged between representatives of the Lebanese companies and…
Amer Group, Porto Group witness an increase in revenue
Porto Group achieves consolidated revenue of EGP 191m, while AMER Group achieves…
Parliament urges government to lift price of sugarcane to EGP 500 per tonne
Raising sugar cane prices will reduce the decline in planted areas, estimated…
MNHD registers 176% increase in revenues with 7,600 units under development
Revenue growth continues to be driven by unit sales in MNHD’s various…
Passenger car sales fall 31% in Q1 quarter of 2016
Japanese cars sold 10,100 cars valued at EGP 2.2bn and a sales…
Hyundai’s Africa, Middle East region appoints Mike Song as new head
Song will work to push Hyundai sales upward, under the harsh conditions…
Sales of Geely Emgrand 7 register EGP 124m
Geely Emgrand 7 has topped sales ranking among Chinese models over January…
Proton sells 120 cars in first quarter of 2016
Proton sold 77 units of Gen 2 valued at EGP 9.9m and…