Latest Business News
Government financial bodies suffer EGP 10bn losses
Financial bodies were unable to meet revenue target and fell behind by…
First e-waste factory launched in Egypt
E-waste factory will recycle laptops, mobile devices, printers and photocopiers and other…
Mobile operators attempt to improve the ‘cash service’
The three mobile operators made proposals to CBE to collaborate on bettering…
Nokia shareholders approve mobile phone sale to Microsoft
Nokia's share price has doubled since the plan was announced in early…
Egypt’s Bank Profits To Be Flat In 2013 – C.Bank Official
The main driver was banks' heavy investment in government T-bills and bonds,…
Abu Dhabi’s Mubadala to service Rolls Royce Trent XWB engines
Mubadala will become an approved provider of Trent engine maintenance, repair and…
S&P raises ratings on four Egyptian banks
Ratings agency upgrades long-term ratings on National Bank of Egypt, Banque Misr…
AUC, SODIC and AAIB encourage startup companies
Incubated teams receive EGP 20,000 to develop their projects
GE, Carbon holding sign $500m petrochemical facility agreement
GE’s electricity engines would produce 30% of Egypt’s total electricity, says GE…