Latest Business News
Minister of Communications to appoint new CEO of ITIDA by end of March
The post has been vacant for more than 4 months
GB Auto aims to pump EGP 75m into after-sale services
Hyundai launches Elantra HD locally manufactured for the first time
Mazda targets sales of 4,000 cars in local market by year-end
Launching Mazda 2, new type of SUV model, says chief executive
Renault presents 3 new models during Automech Formula
The models included the Renault Lodgy (a 7-seater), Renault Kadjar, and the…
Return on treasury bonds jumps by more than 1.5%, public banks begin to raise interest rates
Ministry of Finance offered three auctions for treasury bonds on Monday. The…
General Petroleum Company establishes plant to treat harmful emissions with investments worth $127m
15m cubic feet of gas to be collected daily starting from July…
Djibouti ensures investors profit in dollar: central bank governor
Djibouti’s economy grew by 5% in 2013, by 5.9% in 2015, and…
MB Engineering targets net profit of EGP 12m in 2016 after registering on Nilex: Chairman
Catalyst Partners, Sigma Capital promote to launch IPO for 27.6% of MB…
Budget deficit 9.9% of GDP according to draft budget
Estimated tax revenue amounts to EGP 444.4bn, with growth rate of 5%…
Fitch forecasts dollar to reach EGP 9 before year-end
Egypt could reach an IMF agreement if required by authorities, Fitch says