MNHD consolidated revenues reach EGP 578.7m, EGP 310.1m net profits in Q3 2016
Taj City and SARAI projects will help company sustain strong growth rates…
US dollar price varies at banks, CBE on Tuesday
Bankers expect the greenback to change hands at EGP 15-16 for three…
EFG Hermes achieves EGP 41m net profits in Q3 of 2016
The Egyptian Financial Group (EFG) Hermes, a financial service corporation in the…
1st nuclear reactor to run 9 years after signing contracts: Electricity Minister
Moscow will train 1,711 Egyptians to operate the power plant by April
Egypt-Saudi Arabia electricity interconnection project to run in Q1 of 2019: Shaker
Electricity subsidy allocations increased EGP 6bn after pound’s floatation, says minister of…
CBE refutes rumours on changing banknote designs
The Central Bank of Egypt (CBE) denied rumours that it plans to…
Egyptian Automotive Dealers Association warns dealers against halting sales, layoffs: chairperson
Flotation of Egyptian pound supports economy, but unfavourable for the auto sector,…
Pound flotation decision will encourage Indonesian companies to invest in tyre industry: Mohamed Baraka
Mohamed Baraka, the chairperson of Baraka Contracting and Trade, a subsidiary of…
Bavarian Auto contracts with Orient to secure supplemental insurance for customers
Orient Takaful Insurance Company, affiliated with Al-Futtaim Group, contracted with Al Sheraa…
US dollar exchange rate at customs confuses car imports
20-30% anticipated price increase; I demand that customs fix the dollar price…
