Tag: Business

Sawiris family plans to invest in Ethiopia’s hotel sector: Ethiopian PM’s advisor

Ethiopia encourages Egypt to invest in wheat agriculture to provide grain supply…

Shaimaa Al-Aees

Egypt on right track to reform energy file with support of political leadership: Expert

Al-Sisi's government made bold decisions, including opening door for private sector to…

Mohamed Ayyad

Egyptian banking sector EGP 2tn in 2014: Fayed

Bank deposits increased 17%-20% over last three years, loans increased by 10%

Daily News Egypt

Annual inflation in Egypt rises to 13.5% in May: CAPMAS

Vegetable prices rose by 7.7%, meat and poultry by 2.7%, and fruits…

Mohamed Ayyad

We plan to increase business to EGP 750m by year-end: ECG chairman

Company working on designing smart village in Jordan on 1m sqm, and…

Daily News Egypt

$20bn expected trade balance after activating tripartite agreement: COMESA Sec-Gen

Total funding for annual infrastructure projects at $52bn, only $22bn provided causing…

Shaimaa Al-Aees

Colors plans to launch crowd-funding campaign through Tennra

By Nesreen Ramsis Colors Company hopes to collect $25,000 through the crowd-funding…

Daily News Egypt

Elsewedy Electric registers EGP239m net profits in Q1 2015

Consolidated revenues in Q1 of 2015 decreased by 8%, to reach EGP 4bn versus EGP 4.3bn…

Daily News Egypt

HSBC dismisses employees, management in Egypt remains silent

According to a bank statement, 8,000 employees out of 48,000 employees who…

Daily News Egypt

Alexandria Port Authority completes 91% of 2015 investment plan: Chairman

Alexandria Port’s investment plan for current fiscal year amounts to EGP 460m,…