Latest Business News
Blue chip stocks fall on the EGX30 throughout August
EGP 1.5bn in net foreign sales since the beginning of the year
Around 5.5m tonnes of wheat to be imported in October
On 30 August, the GASC stated on its official website that its…
China oil giant buys into strife-hit Egypt for $3.1 bln
Chinese state-owned Sinopec will buy a one-third share in the Egyptian oil…
Beltone Financial discusses political development with presidential advisor Hegazy
Hegazy also affirmed the government’s focus on the economic path and its…
Market still pounded with losses
Fears of upcoming demonstrations along with the Syrian-US issues weigh heavily on…
Agzakhana closes venture capital with Vodafone Ventures Egypt
The company said “innovative healthcare applications and revenue streams” would be replicated…
EGP 4bn in contractor dues to be repaid by government in coming weeks: Finance minister
Poverty rates have increased from 20% to 25%.
Second consecutive year of recession: World Bank
The World Bank has assessed Egypt’s economic growth in the second quarter…