Latest Business News
US stocks drop on Syria concerns
Several leading technology companies had bad days, including Google (down 1.0%), Amazon…
Government unveils new stimulus plan
The interim government adopts an economic reform plan to achieve 3% growth,…
Central bank denies freezing deposits
Bank: “Rumours aim to destroy the confidence in the stability and safety…
Crisis of foreign cash transfers on the Bourse
Submission of the request was made according to the Central Bank of…
Saudi Arabia studies report on Egypt’s financial needs
Egypt’s government has suffered from a $3.2bn monthly budget deficit since last…
Red Sea hotel occupancies expected to decrease 80% as Italy and Russia issue travel warnings against Egypt
Hatem Munir, Secretary of the Red Sea Egyptian Hotel Association stated that…
Blue chip stocks fall on the EGX30 throughout August
EGP 1.5bn in net foreign sales since the beginning of the year
Around 5.5m tonnes of wheat to be imported in October
On 30 August, the GASC stated on its official website that its…
China oil giant buys into strife-hit Egypt for $3.1 bln
Chinese state-owned Sinopec will buy a one-third share in the Egyptian oil…
