Latest Business News
Dollar devaluation against EGP to contribute in paying-off importers bills: FEI head
CBE provided $1bn from a total of $4bn to meet the requests…
World nations agree on a new way to track planes via satellite
A new global deal has open the way for nations to track…
Women most affected by regional challenges: Nasr
An independent commission was formed in Egypt to eliminate all types of…
EFG Hermes’ net profits inch up to EGP 120m in Q3 2015
Growth was primarily driven by a strong boost in revenues that reached…
Lufthansa strike takes off after court ruling
A German court has struck down a Lufthansa injunction aimed at ending…
ECG wins design rights for R1 Parcel phase of Marassi
The phase includes 1,105 residential and commercial units
Fawry allocates EGP 20m to electronic commerce sector
By Mohamed Alaa El-Din and Hossam Mounir Fawry Company will allocate EGP…
3 international investment funds acquire 85% of Fawry
Approximately 20% of the shares were acquired by the Egyptian American Enterprise…
North African tourist industry in crisis
Following the deadly airplane crash over the Sinai last week, Russia has…
Sharm El-Sheikh economic projects in trouble
Government agencies refuse to finance feasibility studies
