Latest Business News
Ferrari boasts rising sales and profit
Italian luxury sports carmaker Ferrari has reported strong third-quarter results despite a…
CBE dollar price rises to EGP 16.38 for buying, EGP 17.23 for selling, jumps to EGP 17.5 in banks on 5th day of pound flotation
The price of the US dollar at the Central Bank of Egypt…
Deficit in trade balance down by 3.1% in August: CAPMAS
During August, the deficit in the trade balance recorded EGP 37.8bn, compared…
El-Molla looking for alternatives to Aramco’s contract to secure fuel
Petroleum Ministry refutes rumours of El-Molla visiting Tehran looking for new oil…
Customs on imported cars increase by 66% after flotation
Customs charges on imported cars increased by 66% on Friday following the…
German industrial order books shrinking
German industry saw fewer orders coming in last month, especially from customers…
PBDAC amends its main system after parliament approves law: chairperson
We will immediately begin to communicate with the World Bank to implement…
Steel prices jump to register EGP 9,250 per local tonne after flotation of pound
It is expected that steel prices will decrease to EGP 5,200 per…
Construction companies threaten to halt work on social housing projects due to flotation
Housing Ministry considers increase in value of social housing units by EGP…
Real estate developers await stability in prices of construction material following pound’s flotation
The CBE’s decision to float the Egyptian pound is viewed as a…