Latest Business News
Verna leads sales of the Korean market in H1 2016
Hyundai acquired 85.9% of the Korean automotive market sales in the first…
Madinet Nasr Housing and Development profits continue with no end in sight
New developments and increased contracted sales drive profitability into 2019
Industry Ministry sets 7 axes to export support programme
The new axes of the export support programme were scheduled to be…
Eni invests $4bn in Zohr gas production processing plant
Italian oil company Eni invested $3.5-4bn in implementing the Zohr natural gas…
SODIC records net profit of EGP 97m in Q2 2016
New phases in both SODIC East and West projects to be launched…
Unemployment decreases by 0.2% down to 12.5% in Q2/2016: CAPMAS
Unemployment rates witnessed a decrease of 0.2% in the second quarter (Q2)…
Oversupply of wheat comes at a time when Egypt needs it most
Reports show one of the highest yields in global wheat production driving…
Electricity Ministry puts impossible conditions, obstacles on solar energy companies
Foreign banks should finance 85% of the projects, while 15% comes from…
Egypt’s Red Sea gem: Sharm El-Sheikh grappling with tourism decline
While domestic and Arab tourism attempts to fill the void left behind…
Metropolitan Egypt negotiates with Egyptian Gulf Bank, Banque Misr to provide financing for Enmaa projects
Enmaa needs financing worth EGP10m in the form of letters of guarantee…
