Latest Business News
GB Ghabbour Auto to start manufacturing components of tuk-tuks, motorcycles locally
It plans to begin construction of its new factory in March or…
EGX-30 to fluctuate between 5,300 and 5,900 points
The acquisition of CI Capital by OTMT will reflect positively on the…
310 ships transited Suez Canal during last week, total load of 18.53m tonnes
The average load per ship was 59,800 tonnes whereas the week before…
CIB’s loans portfolio increases to EGP 62.6bn
Bank’s profits exceeded our expectations, while the growth rate of deposits and…
Mobinil records EGP 49.8m net profits in 2015
According to a statement, Mobinil’s total revenues amounted to EGP 8.4bn in…
IDA receives 37 applications for coal-fired cement factories
Ministry of Industry issues 14 licenses
Slump hits trading on corporate bonds on stock market
Experts attribute zero trading to companies’ reluctance to issue new bonds, depreciation…
NBE, Banque Misr to post joint profits exceeding EGP 9bn
Banque Misr achieved net profits of EGP 2.51bn after taxes in FY…
British businesses must be partners of choice for Egypt’s energy future: Donaldson
British Gas and British Petroleum have together invested almost $40bn in developing…