Latest Business News
Moody’s downgrades Bank of Alexandria’s rating to B3
Moody’s stated the rating action was driven by the firm’s “view that…
World Bank proposes aid plan for Egypt
The World Bank reveals that the plan involves providing technical assistance
Supreme Administrative Court annuls Omar Effendi’s privatisation
The retail store will be restored to public ownership
Qatari liquefied natural gas arrives
Port facilities are not yet capable of importing liquefied gas, but such…
IMF waiting for the “right time” for loan negotiations
The global lender said all discussions are being held with the technical…
US leads government demands for Twitter user data
Governments submitted a total of 1,157 requests for information about Twitter accounts,…
IFC investments in MENA reach $3bn in fiscal year 2013
IFC combined those investments with a broad range of advisory services to…
Orascom’s stock market pullout started Wednesday
Other companies that will be delisted from EGX30 are Raya, Egyptian for…
Egypt’s budget deficit to decline in 2013/2014 fiscal year
The total revenue of the fiscal year 2013/2014 will reach EGP 505.5bn…