Latest Business News
EETC to sign power purchase agreement with Siemens Gamesa within weeks
German company to build 500MW wind farms in Egypt, Japanese institutions to…
Egypt’s new banking draft law: opportunities and challenges
New law reinforces the independence of the CBE and banks’ boards of…
Pharos expects inflation should end 2019 with an average of 8.9% YoY
Naeem: the inflation reading adds further room to the CBE to continue…
Further opportunity to cut interest rate by 50-100 points on 14 November: Beltone
Inflation recorded positive increase in September, lower than our expectations
Lower inflation and interest rates herald green week on EGX
Market lack of response to lower operating costs and lower gas and…
Egypt imposes 25% tariff on steel rebar, 16% on iron billets for three years
Since the beginning of this year, Egypt’s iron industry has been subjected…
Egypt to impose quality control on solar equipment importers starting 23 October
Importers to conduct product testing at NREA for maximum EGP 40,000 per…
EGP300m, development cost of Sharm Dreams, Fayrouz Resorts: Abo El Enein
Development period will take between a year and a year and half,…
Jaz Hotel Group to add 4 hotels to its management hotels in six months: CEO
The group's occupancy sees 18% hike in 9 months, says Akel
Gas exports fell to 100m scf/day due to low global prices
Egypt poised to achieve surplus of production after meeting the needs of…