Latest Business News
Expected increase in price of computers, tech products after raising dollar price
Price rise a positive step if price fixed and dollar enabled, says…
Next fiscal year’s budget returned to government by parliament after partial floating of pound
Finance Ministry targets a deficit of 10.5% for the next fiscal year,…
CBE devalues EGP amid concerns over inflation and budget deficit increase
The decision is expected to have far-reaching repercussions on the deficit and…
Corruption among Iran’s business elites
In Iran, billionaire Babak Zanjani has been sentenced to death for corruption.…
China’s Anbang upsets Marriott-Starwood merger
Little known insurer Chinese Anbang is on a major shopping spree in…
Pound devaluation shakes market
EGX-30 jumps by 6.7%, amid renewed hopes for FDIs and major concerns…
Plan to restructure Alexandria Port to be delivered in Q1 2016: Minister of Transport
The Port of Singapore is overseeing the development of all Egyptian ports,…
Agreement to provide trade infrastructure to Suez Canal Area Development Project
Ministry of Transportation and SC Zone Chairman agree to plan to integrate…
CBE raises price of US dollar to EGP 8.85
Banks will sell US dollars at EGP 8.95, up from EGP 7.83
Hero MEA seeks 12% increase in sales, 15% increase in exports
Hero MEA has 38 distributors with 1,500 employees across Egypt, says Mahmoud…