Latest Business News
EEHC to implement EGP 32.4bn investment projects in FY2021: chairperson
4.4% growth in energy sold to consumers is expected in next fiscal…
City Edge launches Al Maqsad Residences payment plan for healthcare workers
Project comes with 10-year payment plan aimed at healthcare workers in gratitude…
Egypt to see GDP expand 2.5% in FY2020, 3.7% in FY2021: FocusEconomics
Inflation to average 6.1% in CY 2020, 7.3% in CY 2021, report…
Egypt targets manufacture of 30m cloth masks per month
Government looks to manufacture 8m masks as part of first phase
Third round of ‘Pandemic TechHack’ initiative launched
Winners will receive financial support to help accelerate implementation of their projects…
NREA considers 3.17 GW power projects
Power stations with 453 MW capacity being implemented, says El-Khayat
COVID-19 may cause 60-80% plunge in international tourist arrivals: UNWTO
International tourism may also lose 100-120m jobs; exports to decline by up…
Sharif Farouk to take over as Egypt Post Chairperson
New chairperson succeeds El-Sagheer who resigned early March
CBE to offer EGP 24.5bn worth T-Bills, bonds on Sunday
New offerings part of government’s plan to issue EGP 610bn T-Bills, bonds…
Aviation industry to face slow post-coronavirus recovery: S&P Global Ratings
Most major airlines will shrink or merge with others, whilst smaller airlines…