Latest Business News
Egypt Gas loses EGP 48.6m in H1 of 2015
Financial statements show revenues of EGP 544.68m, compared to EGP 290.1m during…
Mehleb receives export councils’ memorandum to review CBE’s policies
CBE governor does not accept requests to meet with exporters or importers,…
Report: US telecom giant AT&T a key partner in NSA surveillance
Telecom giant AT&T reportedly played a "highly collaborative" part in helping the…
OTMT records net profits of EGP 728m in H1 of 2015
Results mark a 7.7% YoY surge
CIB seeks to attract Vodafone, Etisalat to Automated Clearing House service
The Commercial International Bank-Egypt (CIB) will activate an agreement with Vodafone-Egypt and…
NBE studies granting EGP 6bn to 32 large companies
Demands from foreign investors received, mostly from the Gulf, to fund projects…
Egypt’s economy grew 3% in Q3 of FY 2014/2015: Dcode EFC
Real GDP growth reached 4.7% in first three quarters of FY 2014/2015,…
Twitter stops 140-character limit for Direct Messages
Micro-blogging site updated rules for sending and receiving Direct Message four months…
Assets of Juhayna CEO Safwan Thabet frozen
The move to freeze assets also included a further 66 companies
Palm Hills records highest H1 net profit in company’s history
Net profits in Q2 of 2015 register EGP 431.2m