Egypt drops 19 spots in World Bank’s ‘Doing Business’ 2016 report
A government official expects improvement after economic reforms are implemented
Fed keeps rates steady as US data worsen
The US Fed has kept its interest rates unchanged, with analysts growing increasingly skeptical about prospects for the central bank to tighten monetary policy before the end of the year…
SSO invests $600m in solar energy programme for 2 years
Scatec Solar signed agreements with Egypt to participate in five solar projects at 250MW
Etisalat Egypt revenues decline to $898.5m in past 9 months
By Muhammad Alaa El Din Etisalat Egypt's revenues declined over the past nine months to $898.5m, compared to $953m during the corresponding period last year, acquiring about 8% of the…
Syria talks to test Iran, Russia’s ‘intentions,’ says Saudi Arabia
Saudi Arabia's FM has said that the Vienna talks will show if Tehran and Moscow are "serious" about a political solution to the Syrian conflict. The statement comes as Russia…
ADIB-Egypt to continue activities despite losses exceeding 50%
The result of ADIB’s operation revealed that it achieved a net profit, before taxes, during the first half of 2015, amounting to EGP 336.2M, an increase of 43% from the…
Rwanda MPs debate constitutional change on presidential term limits
Rwanda's lower house of parliament debated on Wednesday a constitutional change that would allow President Paul Kagame to run for a third term, a move opposed by the United States…
Huawei’s market share 12.1% until end of September
Head of Devices Sector denies rumours of company's exit from Egyptian market
EFSA to finalise financial evaluation rules
Chairman will personally revise the standards of evaluation
EGAS negotiates with Eni to speed up linking Shorouk discovery to national grid
The official added that Eni will complete the plan for developing the new exploration site in three years, and will drill 20 wells in the concession area in the deep…
