Latest Business News
US stocks rally amid hopes for reopening economy
Dow Jones Industrial Average stocks increased 1.51%, to 24,133.78. The S&P 500…
Egypt allocates EGP 1.8bn to upgrade electricity networks in FY 2021
El-Sayed added that several major electricity projects have been established to meet…
Egyptian manufacturers renew calls to cut factory energy prices
The sharp decline has been attributed to the worldwide decrease in global…
MCI revenues up 22% in 3Q 2020 due to high demand for disinfectants
Company targets net profit of EGP 77m in FY 2020/21
Manpower Ministry disburses EGP 57m in aid to 48,000 tourism workers
Up to 3,800 tourist establishments apply for emergency aid: Minister of Manpower
HHD board of directors to be announced before end of May
New board follows resignation of all previous members earlier in April
Juhayna reports EGP 1.8bn revenues, EGP114 m net profit for Q1 2020
The highest contributors to the top line were the dairy and yoghurt…
COVID-19 infection halts operations at Nestlé Egypt’s Greater Cairo factory
Nestlé Egypt continues to apply strict precautionary measures to guarantee the quality…
US oil will not have impact Saudi economy: Saudi Experts
Oil market will improve after production reduction in line with OPEC plus…
ITU Digital World 2020 postponed to September 2021
Conference is another postponed conference due to the ongoing COVID-19 pandemic
