Managing Egypt’s debt towards safety in points
1- This is the first decline to occur since 2010. This means that, for the first time Egyptian GDP has grown faster than debt growth. This...
The Hot Money Story in Egypt
S&P praised and expressed its understanding that the central bank kept out of its announced Capital reserves record most of the hot money ($8 billion until...
Alibaba’s opportunity to take over the US market
As per the US Food and Drug Administration's Medical Devices Regulations report of September 2016 "The U.S. medical technology industry generated $336 billion in...
Aramco plans $300 billion investments in upstream oil and gas over the next decade
Saudi Aramco plans to spend close to $300 billion over 10 years in upstream oil and gas projects, Chief Executive Amin Nasser said on...
These are the 17 countries with the safest banks in the world
Since the financial crisis, the global banking sector has been forced to cut down on its excesses, lending more conservatively and just generally taking...
Nestle targets coffee as a key growth area
Nestle announced its second small coffee acquisition in as many months on Friday, buying Texas-based Chameleon Cold-Brew as it seeks to bolster its world-leading coffee...
A new Medical joint venture between an Egyptian and a British company
A new medical joint venture between an Egyptian and a British company to launch a state-of the-art- facility to produce catheters is set to...
General Electric cuts profit outlook ahead of turnaround plan
General Electric has slashed its profits guidance after posting a quarterly loss due to weak trading in two key divisions. The industrial group it...
SoftBank earns $3 billion in 5 months and pushes new investments towards an AI...
SoftBank has made roughly $3 billion in profit from investments through its five-month- old, $100-billion Vision Fund, CEO Masayoshi Son said Wednesday while onstage...
EIPICO is the leading Company in developing the pharmaceuticals industry in Egypt
Dr. Ahmed Burhan Eldin Ismail The Chairman and Managing Director of Egyptian International Pharmaceutical Industries Company (EIPICO) stated that developing quality of pharmaceutical industries...
CIB best bank in Egypt, Ahli United Bank most efficient
Business News announced the results of its seventh edition of the Bank Performance Indicators in Egypt in 2017. The Commercial International Bank (CIB) received...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...