Latest Business News
EETC postpones opening envelopes for Egyptian-Saudi electrical interconnection cables and transformers tender to next month
The Egyptian Electricity Transmission (EETC) intends to postpone the opening of the…
PetroSilah invests $55m in 2016/2017 for petroleum exploration
The company plans on increasing crude oil production to 12,000 barrels per…
Government borrows EGP 1.121tn through bills, bonds during 2016
Ministry of Finance intends to borrow EGP 299.019bn from banks in Q1…
EGX30 targets 13,100 points this week
Technical analysts predicted that the Egyptian Exchange (EGX) will continue to take…
How the iPhone changed the world
It was undoubtedly a technological breakthrough. The introduction of Apple's iPhone 10…
Samsung profits up despite Galaxy Note 7 disaster
Samsung Electronics has estimated its operating profit surged by almost 50 percent…
Trump issues stern warning to Toyota
Donald Trump has threatened to impose hefty fees on Toyota, should the…
EGP 27.4bn increase in total credit facilities granted by banks to clients during Q1 of FY 2016/2017: CBE
The private sector accounted for 59.6% of the total of these facilities…
Egypt’s foreign debt jumps to $60.15bn by end of Q1 of FY 2016/2017: CBE
Egypt's foreign debts have jumped to $60.15bn during the first quarter (Q1)…