Latest Business News
Gulf’s stock markets: between ups and downs
Gulf stock markets fluctuated over the past week, but remained positive throughout…
304 ships transited Suez Canal last week with total load of 17.5m tonnes
About 153 ships transited the canal towards the south, with a daily…
Taiwan’s Foxconn buys controlling stake in ailing Sharp
Taiwanese tech giant Foxconn has bought control of struggling Japanese electronics firm…
Massive French mobile merger falls through
Talks ended between Orange and Bouygues, which together represent over 60 percent…
Finance Ministry issues factoring activities to increase companies’ liquidity
Minister of Finance Amr Al-Garhi issued a decision to add factoring activities…
Jumia Egypt celebrates 1m customers on 4th Anniversary
In the past four years, Jumia says it has reached its milestones…
Industry ministry bans rice exports starting 4 April
The ministry is coordinating with all ministries to tighten restrictions on all…
Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016
Net inflows of foreign direct investment in Egypt rose from $ 2.6bn…