Latest Business News
MSCI Index declines by 1%, despite weekend’s gains
At the beginning of this week, the index started at 838 points,…
EGX expected to move between 7,050 and 7,300 points this week
EGX closed at 7,182.8 points on Monday, with a 2.88% increase.
TAQA Arabia considers establishing new 50MW-capacity solar power plant
The company is also seeking to implement a similar power plant in…
Trade violators will not be prohibited but rather subjected to tighter controls: EFSA
Lawsuit filed against board members of three companies listed on the EGX…
EGP 3bn allocated for New El Alamein development in FY 2016/17: Ministry of Planning
A plan of the first phase is being drafted on 8,000 feddans
1.8% decrease in Egypt’s imports over 3-month period: customs
Imports of wheat, corn, cars, palm oil have decreased, but imports of…
15 major Chinese companies meet with Egypt before G20 Summit
Delegations from Egypt and China set to meet before G20 summit in…
ILO: Robots threaten millions of jobs in Southeast Asia
The International Labor Organization has warned of the severe consequences presented by…
26 companies submit offers for Assiut power plant tender
AEDCO, Egemac, and Grid Solutions are the most prominent contenders for the transformers…
Egypt moves up to rank 49 on World Bank’s Logistics Performance Index
Egypt improved in four out of the six sub-indices of the Logistics…