Latest Business News
39% Decline in car sales in January
Locally manufactured cars decline by 42.5% with predictions of continued decline in…
Gazprom makes concessions to settle EU antitrust probe
The Russian gas giant has agreed to a set of commitments to…
Intel to buy driverless tech firm Mobileye
US chipmaker Intel has announced it will buy Israeli tech company Mobileye.…
Bank Audi Egypt signs MOU with European Investment Bank for $30m loan
Flotation boosts Bank Audi Egypt profits to EGP 1.88bn at the end…
Restructuring of Ministry of Industry aims at reducing bureaucracy: Kabil
The ministry will reduce its agencies and institutions to 25 in the…
Ejetco International produces new glass facades, to be approved by HBRC in June
New facades are low in cost
EGP 14bn total TE revenues for FY 2016
EGP 2.7bn total profits with 10.9% decline compared to last year
Nasr meets investors, World Bank delegation to discuss economic atmosphere
A workshop with World Bank to discuss the implemented procedures of development,…
PAS to invest $80m in 2017
Company revenues amounted to $170m in 2016, profits to $42m