Latest Business News
US dollar loses EGP 0.10 on informal market reaching EGP 12.40
Informal market started lowering the selling prices of the US dollar after…
Confusion in electricity sector as price increases not applied for July
Distribution companies to issue July’s bills at 2015 feed-in tariff rates, awaiting…
No increases in ticket prices in the coming period: EgyptAir chairperson
First instalment of operating lease for new Boeing aeroplanes will be paid…
No retreat from demolition of Attaba buildings, Cairo governorate may discuss compensations: Cairo deputy governor
Demolition only benefits building owners who seek to sell the land to…
MSCI continues moving sideways near 873.5 points over the last week
The MSCI index continued moving sideways for the second week in a…
Kuwait tops Gulf stock markets amid varying performance
Performance of Gulf stock markets varied over the past week. The Kuwait…
EPEA seeks to launch 1st professional financial analysts for direct investment certificate
Board member of the Egyptian Private Equity Association (EPEA) Haitham Wagih said…
Paradigm Invest concludes 3 deals in food, healthcare sectors for the benefit of Arab investors
Deals include acquisition of food and beverages company worth more than EGP…
Bankers weigh in on the proposal to convert government’s debt to banks into shares in national projects
Some believe it is feasible while others claim it is fruitless
