Latest Business News
Tourism ministry expects losses from Thomas Cook decision to half trips to Egypt
Decline in European tourism will exceed 80% in 2016 due to suspension…
$140m fund launched to finance power production projects in East African countries
We aim to deliver power to 800 million African citizens by 2040,…
Banque Misr obtains $100m loan from China Development Bank
The value of the loan has already entered the bank’s treasury
Tourists’ security and safety is most important factor in any stable tourism industry, says JWT Egypt CEO
In an interview at J. Walter Thompson, the agency recently appointed to…
Maridive obtains $43m contract for offshore construction in UAE
The company obtained a contract at a time when many companies are…
Ashraf Elkady to take office of United Bank of Egypt by April
Elkady currently serves as assistant managing director of Suez Canal Bank, where…
Samsung’s exports record $790m over 2015, says Zuhair
Total exports of the Samsung factory in Beni Suef to produce TVs…
Price of dollar dropped to EGP 9.70 in informal markets Wednesday: Al Abyad
Dollar price may be dropped again to EGP 9.30 next Sunday, chairman…
CBE removes limits on foreign currency deposits and withdrawals for companies importing goods and basic products
CBE’s new decision was put into practice on Wednesday 9 March