Latest Business News
SODIC registers EGP 224m profits
The company delivered 425 units across eight projects during the first nine…
Amer Group, Porto Group sign agreement to develop 4 projects
Amer Group will acquire a share of revenues ranging between 20%-40% of…
Wide unease among business community over Salah Diab’s arrest
In light of the lack of transparency in the case, businessmen begin…
Unemployment rate up 0.1% in Q3 2015
CAPMAS says the unemployment rate registered 12.8%
Greenpeace urges higher tax on German diesel
Environmental group Greenpeace has demanded an end to lower taxes for diesel.…
CBE offers treasury bills worth €700m
New tender to be issued for payment of old bills offered on…
Intensive efforts by Egyptian government, banks to spread payroll service
Payroll enhances sustainable development, government is currently working to achieve financial inclusion,…
Terrorism reduces Air Cairo’s expected revenue growth to 15%
Terrorist attacks in Paris will decrease demand, not only on Egypt but…
NBAD targets 60% profits growth, 30% loans, 25% in deposits by year-end: NBAD-Egypt CEO
Egypt is among top five markets in which NBAD provides all banking…
EGX’s benchmark index plummets 4.18%, sheds EGP 7.3bn
Domestic and foreign instability drives the market down