Latest Business News
EGX targets breaking last week’s resistance level of 7,650 points
The EGX kept moving upwards during last week, registering a 1.76% rise…
Car prices continue to climb in June
The automotive market has witnessed dramatic prices increase in recent months, driven…
Elsewedy Electric doubles its turnkey project contracts to EGP 21.4bn
The company plans to implement three power plants in Angola this year
Oriental Weavers raises prices of all its products by 7% to cope with rising costs
Exporting Committee developed a strategy to help its subsidiary MAC out of…
Banks prepare to receive donations from citizens for charities at beginning of Ramadan
Dozens of organisations will receive donations, such as the Misr El Kheir…
$53m decrease in value of gold listed in foreign exchange reserves in May: CBE
The CBE announced on Wednesday evening that its foreign exchange reserves increased…
227 ships transit the Suez Canal carrying 13.8m tonnes in the last five days
Compared to July 2015, prior to the inauguration of the New Suez…
Barclays continues to implement its expansion plan in Egypt despite bank’s sale: finance director
The plan includes five pillars, the most important of which is the…
More achievement in development is necessary: Al-Sisi
Completion of development projects in Sinai will take at least two years,…
Germany, France seen on stable growth track
In two separate reports, the central banks of Germany and France are…