Latest Business News
NBE studies granting EGP 6bn to 32 large companies
Demands from foreign investors received, mostly from the Gulf, to fund projects…
Egypt’s economy grew 3% in Q3 of FY 2014/2015: Dcode EFC
Real GDP growth reached 4.7% in first three quarters of FY 2014/2015,…
Twitter stops 140-character limit for Direct Messages
Micro-blogging site updated rules for sending and receiving Direct Message four months…
Assets of Juhayna CEO Safwan Thabet frozen
The move to freeze assets also included a further 66 companies
Palm Hills records highest H1 net profit in company’s history
Net profits in Q2 of 2015 register EGP 431.2m
Orascom subsidiary to build largest student housing project in US
Project would cost Weitz, which is a subsidiary of Orascom, a total…
Suez Canal extension will take time to affect positive credit: Moody’s
Canal expansion is part of wider project to turn surrounding area into…
Lease activities in H1 of 2015 record EGP 9.9bn: EFSA head
40% of Global Lease's finances will be directed to the SMEs sector
EFG Hermes net profits decline reaching EGP 359.1m in H1 2015
Investment bank's unconsolidated financial statements show that losses have fallen by 38.8%
Beltone’s net profits down 2.8% in H1 of 2015
The company registered net profits worth EGP 10.7m in H1 of 2015,…