Latest Business News
EGX-30 predicted to decline to 5,600 points during trading week
The cumulative deterioration in EGX-30 last week was 15.38%
308 ships transited Suez Canal with total load of 18.081m tonnes last week
Cargo load is the main measure of shipping traffic in the Suez…
Intel revenue declines to $55.4bn in 2015
The results added that Intel's Internet of Things Group recorded a revenue…
Five year plan for oil sector revealed
During the previous fiscal year (FY) 2014/2015, the oil and gas demand…
Banque Misr arranges EGP 62.3bn loans for major economic sectors in 2015
Bloomberg names the bank as best in promoting syndicated loans and funding…
53% of EGX30 shares traded at lower than book value
EGX trading data reveals that 27% of the index shares fell below…
Raising dollar deposit cap is unlikely during current period, our target is to purify imports: Salman
Imports, which are not committed to international import requirements, are valued at…
Egypt-China economic relations anticipate a boost
Cairo prepares 16 projects, MoUs to be signed with China in the…
Wal-Mart to shutter hundreds of stores
Wal-Mart has said it's closing hundreds of its store in the US…
$200m Saudi grant to Egypt for SMEs in Sinai
Arab sovereign funds allocated $6bn for Sinai development projects