Latest Business News
CBE provides 10-year interest-free loan worth EGP 31bn to 3 major banks
The loan is for supporting banks’ capital base and for adjusting the…
GOEIC rejects 116 imported food and industry containers for non-conformity
GOEIC is examining 14,720 imported food and industry containers
Booz Allen Hamilton designing solutions to region’s security threats
MENA region is at heightened risk of cybersecurity attacks which threaten infrastructure,…
Fitch Ratings upgrades DP World during ongoing expansion of operations
The credit rating agency affirmed DP World Sokhna’s credit rating and fiscal…
Finance Ministry denies claims that VAT will affect prices of petroleum products
VAT exempted goods will include all essential goods and services, says Ministry…
220 hotels shut down as occupancy collapses in tourist areas
Fifty-four hotels have shut their doors in Sharm El-Sheikh, while 34 have…
Huawei aims to increase market share to 30% with new products in 2017
Sales of the Huawei Y family of products recorded 500,000 mobile phones,…
German court rules against predatory bidder on eBay
Ending a listing early on eBay is not against the law, Germany's…
The feasibility of Egypt’s IMF loan
On 11 August, the International Monetary Fund (IMF) announced that it had…
Vezeeta selected among top 20 emerging companies in Egypt
Forbes Middle East magazine has ranked Vezeeta among the top five start-ups…
