Latest Business News
General Motors Egypt’s Chevrolet Optra launch heralds increased local manufacturing
The company invested EGP 110m into its production line and an employee…
68,000 TOR for land plots offered by Housing Ministry sold within 5 days
The ministry said the 68,074 TORs include 48,891 TORs competing for 11,076…
Dollar crisis pushes Renault sales down by 73% in January, February 2016
If the currency crisis was controlled, sales would be better, says EIM…
Ministry of Electricity receives permits to connect power to informal settlements
The EEHC issued regulations to install coded electricity metres in remote areas
Electricity Ministry owes $148m to General Electric for maintenance work on plants
GE overhauled the electricity generation units over the last 6 months, a…
Gulf’s capital market gains slow down
Abu Dhabi Securities Exchange (ADX) rose by 2.25% while Saudi Stock Exchange…
FinCorp focuses on governance structure, feasibility studies as remedy to financial stagnation
The company contracted as a financial consultant in seven operations in the…
MSCI experiences a week of ups and down
The trading week opened at 846.7 but fell down during the first…
UAE to support Egypt’s foreign exchange reserves with $2bn funding: Abu Dhabi crown prince
The CBE announced that the balance of the foreign exchange reserves increased…
