Latest Business News
Moody’s forecasts GDP growth in 2019, 6% by 2021
Likelihood of renewed social instability, reform reversal is low given improved economic…
Government completes renewable energy direct sale regulations in September
Arab, international companies awaiting approval to build projects worth $3bn
Egyptian government has begun to protect local industry, expect to increase anti-dumping cases in 2018: WTO
“We await decision to impose protection fees on imports of billet for…
EU largest funder to Egypt with grant size over €1.3bn: Nasr
Egypt, EU discuss furthering development cooperation during next period
Bedeir confirmed success of negotiations to acquire Egyptian banking operations, branches of the National Bank of Greece in Egypt
Final approval by CBE is condition for transaction success
Power plants consumption increased to 3.7bncfd due to hot weather
The consumption of power plants from natural gas increased to about 3.7bn…
IMF’s mission to conclude by new subsidy cut, no taxes, job creation
The International Monetary Fund’s (IMF) delegation has arrived in Cairo on Monday…
Twenty-nine foreign, domestic investors offer to invest $1.25bn in Egyptian T-Bills
CBE accepts 23 offers worth $1bn with 3.85-3.9% interest
Initial budget surplus of EGP 35.5bn in 9M of current FY: Egypt’s Finance Minister
Planned increase in stock exchange duty cancelled, stamp duty stays at EGP…
Mercedes sponsors El Gouna Beach Polo for second year
Company reveals CLS model for first time in Egypt