Latest Business News
Ministry of Finance tightens fiscal grip
The Ministry of Finance will introduce a new computerised financial surveillance system…
Centamin stocks plunge after Egypt annuls gold mine contract
Centamin began production in Sukkari, its main asset and the largest gold…
Cement prices jump EGP 50 per tonne
Price per tonne fell to less than EGP 460 during August, and…
Vimplelcom plans to give up OTH African units
The Vimpelcom move is reportedly part of a strategy that targets more…
Rebel Economy Wrap
Human vs machine, IMF in Cairo, interest payments on Egypt debt
EGX30 closes above resistance level
The standard stock exchange index, EGX 30, ended Monday’s session above the…
Schneider Electric inaugurates new line for electric panels
Schneider Electric Company has announced a new line of production for Okken…
NBE targets EGP 1.1 billion reduction in bad debts portfolio
Four years ago, bad debts portfolio represented 30 per cent of the…