Egyptalum expects EGP 993.7m net losses in FY 2020 due to higher production costs
Company’s revenues decline to EGP 7.254bn in last fiscal year
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Production costs in Egypt’s market are highly competitive: Coca-Cola
Company boosted an average investment of $500m in past 3 years, says GM
Government denies potential increase in fertiliser costs
Increasing the cost of agricultural fertilisers at this moment in time would be unwise, says Abou Ismael
Cost of government debt threatens economic reform programmes
The government successfully controls the subsidies and salaries bills, but fails to handle the interest on government debt
2% growth in construction sector: Gleeds Construction Consultancy
Sector growth remains despite rise in prices of cement, concrete and steel
Shift in Suez Canal financing comes under scrutiny
Investment certificates expected to encourage investors with higher-than-average interest rates
Syria war costs industry $2.2bn: Minister
More than 120,000 people have been killed in Syria’s war, and millions more forced to flee their homes.
Lufthansa strike grounds 300 flights
Union demands wage increases for over 18,000 employees
Israelis protest rising living costs
Hundreds demonstrate in front of Netanyahu’s house, protesting economic policy and tax hikes
Spain borrowing costs dip but crunch looms
Spain still facing a huge repayment crunch, warned analysts