Latest Business News
Wadi-Food to exploit flotation, expand into African markets
40% increase in sales of the company during the last year, says…
Elmotawakel Dates Company is targeting sales worth EGP 16m in 2017
The company is planning to expand in Asian and European markets
Nestlé Egypt sees potential in African and Middle Eastern markets
Company targets EGP 1bn exports in 2017, with increase of 30%, says…
Slight growth in mobile users in December
Etisalat lost 120,800 clients; Orange gained 107,100; Vodafone took lion's share
2017 poised to tough for Egyptian consumers: Arqaam Capital
Inflation to reach 20-25% in FY17, driven by fuel subsidy cuts and…
Russian-Egyptian cooperation in military and civil manufacturing
El-Assar, Nikitin discuss establishment of a number of projects in the pharmaceutical…
Germany pledges $500m to support Egyptian economy
The support will come in the form of grants and concessional funds:…
CBE calls on banks to reconsider limits of credit they grant clients
CBE issues regulations to benefit from covering debts of companies resulting from…
Increase of foreign exchange reserves at CBE, backed by gold in February
The value of gold included in the reserves increased by $170m to…
A proposal to reduce stamp tax supports the cohesion of EGX
The Egyptian Exchange (EGX) indexes strengthened at the end of last week,…