Latest Business News
Pioneers Holding boosts capital by EGP 3bn
The company plans to issue 170 million shares at EGP 17.63 per…
Devaluation of EGP is due to US pressure: Shiha
US dollar could be devaluated to EGP 6 or less with tight…
Cairo Stadium orders suspension of Drive Championship’s 2nd round
Decision threatens sport, tourism, says Auto Club
Car sales grow 17% year-on-year in January
8.2% reduction in locally manufactured cars, compared to 48% increase in imported…
Government has no clear vision for automotive industry in Egypt: FEI official
Engineering industry presented automotive strategy to Ministry of Industry, received no response
Egypt to reduce 5% tax on capital gains
Investment minister said government is currently working on resolving five investment disputes
Telecom Egypt completes copper cable replacement
Telecom Egypt announced the completion of its plan to replace copper cables…
Egyptian architect shortlisted for arcVision contest
Winner will receive financial prize and two-week research project and workshop in…
Petroleum Ministry denies airline request to pay for fuel in EGP
Airlines exempted from paying in dollars for a year, import burden disallows…
Mobile clients grow in December, Mobinil biggest winner
Mobinil continued to regain lost clients for the second month in a…