Latest Business News
Orascom Development Holding records $37.01m net profits in 2014
The group had accumulated losses worth $171.3m in 2013
Rail fare increases always considered: Railway Authority Head
Reports on the potential increase in railway fares last emerged towards the…
$3.5bn for LNG shipments in FY 2015/2016: EGPC
EGPC said in March it will pay $2.5bn for natural gas shipments
Heliopolis Company targets EGP 200m profits for FY 2015/2016
Company is studying issuing two tenders for four real estate projects
Automotive market to finalise specifications for cars
First ten specifications will soon be implemented on imported cars
Draft customs law to be completed in 2 weeks: Customs Authority Head
Law includes postponement of custom tax payment for one month in return…
January trade deficit down by 20.7% year-on-year
Imports stood at EGP 31.47bn during January, 21.2% less than the EGP…
Low Russian tourism flow weakens hotel Easter occupancy: El-Zayat
Occupancies in Alexandria, Sharm El-Sheikh and Hurghada hotels range between 50%-60%, falls…
Mergers, acquisitions register $9.5bn in Q1 2015
Investment banking fees marked $182m in Q1 of 2015, a Thomson Reuters…