Latest Business News
EGX30 jumps nearly100 points
By Fatheya El-Garhy The market has reacted positively to the decision to…
Customs to impose stricter oversight on maritime ports
By Islam Zayed The Egyptian Customs Authority (ECA) recently scrutinised the status…
Facebook hammered as earnings fuel doubts
Facebook shares have dropped more than 35% from the IPO price in…
Misr Real Estate Assets buys land worth EGP 300m from NBE and Banque Misr
By Asmaa Nabil Misr Real Estate Assets (MREA) has purchased 27.3 thousand…
Israel to vote on sweeping austerity measures
(AFP) - Ministers in Israel’s cabinet were on Monday preparing to vote…
Steel price to be fixed in August to EGP 4,450 per tonne
Since the beginning of this month, international prices for steel have not…
Morsy’s business committee tackles tourism in inaugural meeting
Committee recommends centralisation of tourism sector and long-term loans to aid ailing…
Real estate companies on involuntary Ramadan hiatus
By Hamada Ismail With Ramadan falling during the summer this year, real…
Developers adapt to changes by diversifying marketing policies
Real Estate companies changing market policies, mostly using a sales-marketing focused approach