Latest in Tag: business news Highlight
Latest in Tag: business news

Banque Misr named fastest growing, CIB most efficient & bank of year: Business News
NBE tops technology index and top spender on social responsibility

CIB named Bank of the Year, Credit Agricole most efficient: Business News
The Business News Composite Index consists of four main indicators that address safety standards, rapid growth, customer satisfaction, and social responsibility. These four indicators are, in turn, based on a set of 16 sub-indicators.

NBE Bank of the Year, AlexBank most efficient: Business News
IDWBE was fastest growing bank

Daily News Egypt and Al Borsa denounce continuation of arbitrary measures against them and blocking of their websites
We call on the Supreme Council of Media and the Journalists Syndicate to take on their responsibilities

CIB named best bank in Egypt this year, Ahli United Bank most efficient, NBE dominates customer satisfaction: Business News
EG Bank doubles its financial position, remains fastest growing bank for the second year in a row

We do not belong to any religious groups or political factions: Business News
Business News operates according to the provisions of Press Law No. 96 of 1996 as an Egyptian shareholding company. It applies all legal rules and professional requirements to its editorial staff, and all of its publications are licensed by the Supreme Press Council. The company has been working in the press and media field since …

Third Egypt Automotive Summit to discuss automotive industry strategy on 13 December
International companies to sign supply contracts with feeding industries during the summit’s latest round

Business News launches ‘Expert Guide’ to discuss future of poultry industry
Round table will present important international experiences of poultry industry such as Brazil, Iran, South Africa, and Turkey, says Chairman of Business News

Egyptian-Chinese MOUs signed for administrative capital projects
Projects include construction of new governmental buildings and 15,000 residential units

Agriculture Ministry targets a 0.5m tonne increase in exports
Volume of exported agricultural products totaled 4.5m tonmes in 2015

BP broadens stake in Egypt’s West Nile Delta project
Company acquired 22.75% in the North Alexandria concession as well as 2.75% in West Mediterranean Concession

EU grants €32m for wastewater expansion project in Egypt
500,000 inhabitants in 79 villages in Kafr El-Sheikh to benefit from the project

EBRD remains committed to Egypt, SMEs
EBRD presents its products to Assuit’s business community

Business News to launch second annual automotive summit on 8 December
The new strategy of the automotive industry, investment in the Suez Canal Axis within the conference’s agenda

Business News holds preparatory meeting for Egypt Automotive
Summit discusses sector challenges with government’s and companies’ participation

Egyptian Iron Steel, Ezz steel suffer notable losses
A protection fee was imposed on rebar steel in April 2015

New tenders to be offered by NUCA
Last week, the authority offered 5 bids in 3 new cities

Juhayna profits EGP 218.6m in consolidated results
Company took three medium-term loans amounting to EGP 480m

Pound’s value drops by 10 piasters against US dollar
The dollar value had been stable for around 100 days

Manufacturers’ request focus on textile sector
Panel explain 24% of non-petroleum exports are textile products

Life expectancy improved in Egypt: LOGIC Management report
Egypt has 8.5 physicians,15 nurses and 16 beds per 10,000 people

Tax increase of flight tickets to bring in EGP 600m: Tax Authority head
Current taxes collected from flight tickets amount to EGP 270m

Spending on parliament campaigns declines by 50%: Campaign official
Unofficial campaigning expected during the second round

Orascom Construction Industries registers EGP 789.6m profit in Q1 2015
Company turns to profit after registering an EGP 207.9m during the same quarter last year

Schneider Electric aims to double growth within next 5 years: Executive VP
Company is following government’s master plan, which is investing in renewable energy, says Frédéric Abbal

Schneider Electric to submit proposal for a South Sinai solar energy project: Company official
Company participated with more than 50% in the country’s emergency plan to increase its generation capacity

New vision to increase industrial growth rate by 1.5% annually: Qabil
Progress evaluation will be conducted on monthly basis, says minister

Dimian reassesses his new plan
The minister’s statements did not address any change in the tax plan

Qalaa Holding registers EGP 84.7m losses
Company reported EGP 2.08bn in revenues in Q2 of 2015

IMF visit to take place despite cabinet changes
The delegation will visit Egypt mid-September