Latest Business News
Egypt attempts to contain repercussions of pound’s devaluation on food commodities
Armed forces will secure commodities for citizens at prices 50% less than…
Parliament’s Industry Committee to reduce government oversight to stimulate sector
The parliamentary committee will summon ministers of industry, investment, and environment to…
Steep decline expected in dollar exchange rate on informal market Tuesday
Importers stopped buying dollars and the dollar’s valye will decline by EGP…
Sinai Development Agency invested EGP3.8bn in H1 FY 2015/2016
Egypt proposed $1.5bn worth of development projects in Sinai to Arab financial…
CBE poised to lift interest on pound
The Monetary Policy Committee is holding its third meeting this year on…
Internet market will face challenges in upcoming period: Orange CEO
The company incurred losses estimated at 10% to 15% of its total…
Egyptian Customs Authority imposes indicative pricing for Isuzu imports
General Motors Egypt filed a complaint in protest of a discrepancy between…
General Electric invests $340m in Egyptian market in 2016: North East Africa CEO
GE is negotiating with a foreign company in Egypt to participate in…
El-Nahar Tours contracts Ghabbour Auto to replace 50% of bus fleet
Ghabbour Auto will provide the buses within two months of the signing…
El-Saba Automotive opens new service centre for Peugeot
The company opened an exhibition centre in the Mansoura governorate and a…