Latest Business News
Agriculture Ministry suspends cotton imports starting July
The step was taken targeting the protection of locally produced cotton.
Egypt’s debts to Paris Club decrease 18%
Egypt repaid $670m to Paris Club in July, another payment of same…
Dim international and domestic news pushes EGX down
EFG-Hermes unlikely to use stabilisation fund to support Emaar Misr’s stock in…
CBE stabilises dollar price after 2 increases
Dollar will increase again, and the stable price is temporary, analysts say
4G licence proposal opportunity for TE to become integrated operator
TE’s acquisition of licence means giving up EGP 20bn, revenues of next…
TE releases financial results, revenues increase
The company stated it achieved 9.9% profit growth over Q1 of 2015,…
No reconciliation sessions between EATC parties, final word is for the court: Ezz Eldin
Poor performance and financial manipulation are most notable issues affecting EATC
Car sales decline in May
Overall car sales in first five months of 2015 increase compared to…
EGP 12.246bn increase in banks’ deposits, EGP 16.8bn in loans last April: CBE
The CBE added that the household sector acquired EGP 75.9bn out of…
Dollar to officially jump to EGP 8.01: Dcode EFC
Widening gap between Egyptian, foreign inflation rates, decrease of Euro exchange rate…