Latest Business News
EAEF to increase investment in Egypt to $1bn over 3 years
The Egyptian-American Enterprise Fund (EAEF) targets increasing its investments in the Egyptian…
Amer Group’s net profits in 9 months decline to EGP 111m
Splitting up the group, paying back securitisation deal main/temporary reasons behind decline…
Mubasher obtains EFSA’s approval to run financial funds
Mubasher Financial Services (MFS) has obtained preliminary approvals from the Egyptian Financial…
How joining the WTO could impact Afghanistan
After nearly 11 years of negotiations, Afghanistan and the World Trade Organization…
Talaat Mostafa Group’s net profits up by 8.9% in 9 months
Group sales reached approximately EGP 5.177bn, exceeding group’s objective of EGP 4.68bn
Apple apologizes over alleged racism
A Facebook video gone viral has left Apple fielding accusations of racism…
Greeks start general strike over austerity
Greeks have walked off the job to protest austerity measures the southern…
Siemens logs profit on restructuring effort
German technology giant Siemens has been able to considerably increase its profit…