Other Business News of Note Archives

L’Oréal targets 50 percent increase in production

L’Oréal Egypt is targeting a 50% increase in production to 120 mn packs of makeup and other cosmetics, country managing…

Some international airlines are refusing to repatriate profits from Egypt following the losses they have incurred after the EGP devaluation,…

Orascom Construction has announced it has completed procedures to cancel the 1 mn treasury stocks following its share buyback in…

The state-owned Tourism Urbanization Co. has decided to voluntarily delist from the EGX, the company said in regulatory filing. The…

India’s Welspun announced it entered into a “strategic agreement” with the Cotton Egypt Association, Reuters reported. The agreement allows Welspun…

Did you know minimum charges are illegal? Consumer Protection Agency (CPA) head Atef Yacoub wants to crack down on the…

The Federation of Egyptian Industries’ (FEI) electrical equipment and cables division is calling on Prime Minister Sherif Ismail to revise…

Ethiopian Airlines said it is unable to repatriate around USD 220 mn held in local currency in Nigeria, Egypt and…

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