Latest Business News
Egyptian bankcards used to complete $2.5bn worth of transactions abroad in FY 2015/2016
Banks have received clear instructions to suspend cards that are being misused,…
Banque Misr requires customers to provide travel documents to use cards abroad
These new controls are designed to prevent cards abuse, says bank chairperson
Remainder of $6bn in additional funds to be secured in 2 weeks to guarantee IMF loan: El-Garhy
Minister of Finance Amr El-Garhy announced on Monday that Egypt will secure…
Vodafone submits 50% of 4G licence payment
The company sent a cheque for EGP 1.53bn to NTRA
Automotive market fails to control prices of 165 car models in October
A new wave of price increases for 165 car models from different…
Mondelez Egypt Foods reaches sales worth EGP 1.4bn in 9 months
Mondelez Egypt Foods reached sales worth $1.4bn during the first nine months…
Corona targets EGP 20m exports in 2017
Corona aims to increase its exports in 2017 to reach EGP 20m,…
We aim to increase sales by 20% in 2016: Domty chairperson
The company intends to inject EGP 200m worth of new investments in…
BP produces 650m cubic feet from Taurus and Libra fields
BP agreement with Royal Dutch Shell will see gas produced from North…
Mobile operators compete to launch 4G services
Egypt's mobile phone operators are expected to launch 4G services within a…