GM to stop making cars for Indian market
General Motors (GM) has announced that it will stop making cars for the Indian market by the end of 2017.
The firm, which sells its...
An Egyptian inventor establishes a company in the USA “Al Bedaya”
The new invention (VOXERA), by the Egyptian inventor, Amr Al Gabaly, is a device that allows international call transfer at local price from any...
Egyptian merging and acquisition markets are very attractive to Gulf and European investors
Head of Taxes Committee at French Chamber of Commerce, Karim Imam stated that merging and acquisition markets in Egypt became very attractive -notably education,...
Construction equipment market to hit $241bn by 2020
The global construction equipment market is expected to reach $240.97 billion over the next five years with a CAGR (compound annual growth rate) of...
G20, 2017 examines the global financial system, trade and climate discussions… amidst a world...
By : Amira Elhamy
Hamburg hosted on the 7th and 8th of July the G20 summit, with the presence of more than 20 heads...
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...
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...
Oriental Weavers Q1 profits leap 174%
Oriental Weavers’ consolidated net profit for the first quarter of fiscal year 2017 jumped 174% to EGP 257.59 million, versus EGP 94.16 million for...
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...
New Sales force And Google Partnership Shakes Up The Cloud Race
Marc Benioff and Salesforce are partnering with Google in one of cloud computing’s highest profile alliances yet — one that could send aftershocks through the...
INCREASE IN BANKS LOANS
Egypt's banking sector's loans portfolio recorded an increase of LE23.352 billion in March, amounting to LE675.334 billion compared to LE651.982 billion in February, according...
Latest article
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...