Latest Business News
EGX to cancel operations that result in ‘unjustified’ increases in Beltone shares’ value as precautionary measure
The law provides the EGX chairman absolute power to cancel operations, which…
IMF expects Egyptian economy to grow by 3-3.5% this fiscal year
Security problems, Russian plane crash, and foreign currency crisis lowered growth expectations…
Eni completes drilling third well in Zohr field
Company to complete establishing natural gas processing plant with 1bn cubic feet…
Head of IMF Mission to Egypt urges for measures to reduce budget deficit
External debt is within safe limits and can be managed, but local…
In Video: Geopolitical dangers in the region had an impact on the world growth expectations
https://youtu.be/bB3ggfvg1Z0 Video editing by Omar Korashi
In Video: Major national projects can help accelerate growth: Masood
https://youtu.be/fsooXR3cSrQ Video Editing by Omar Korashi
292 ships transit Suez Canal with 16.2m tonnes in 6 days
An average of 48.7 ships transited the canal per day during that…
Banking expert warns against further EGP devaluation, unless CBE is prepared
The CBE should have enough dollar liquidity to control the market, otherwise…
Analysts expect further EGP devaluation against dollar
Analysts cannot predict the timing and percentage of devaluation