Latest Business News
Ajna Developments invests EGP 3bn in Ain Sokhna’s Carnelia project
Ajna to invest EGP 15bn over next 5 years in projects in…
EETC contracts with Elmako Pty Ltd, El Sewedy to add 101 transformers for EGP 656m
Mashaly added that the total cost of the contract amounts to EGP…
IDB to increase mortgage finance to low-income customers to EGP 1.5bn
The financing is offered at 5% and 7% interest rates, as part…
Oil prices plunged to $59.12 per barrel on the back of increased US stockpiles
Decline in global demand for oil threatens to OPEC's plans to cut…
Egypt sets waste-to-energy purchasing tariff at EGP 1.4 per kw/h
Earlier, Daily News Egypt reported that several government agencies will share in…
Factories and companies turn to solar energy to reduce electricity bills
Infinity Solar aims to launch 200 MW power plants, sell power to…
Enara Capital launches 800 MW renewable power plants in five years
The company has completed the implementation of three projects in Aswan with…
Egypt’s current account deficit to reach 2.5%of GDP in FY20,inflation to continue downward path : Fitch Solutions
Fitch forecasts Egypt's GDP growth to average 4.5% y-o-y to 2028, from…
Chery Egypt introduces new modified Tiggo 3 at a very competitive price
Projection-type black headlamps are imposing and elegant, characterized by multilayered inner divisions.…
Chinese cars receive hard hit after Egypt removes custom duties on Turkish cars
Chinese cars assembly in Egypt is a lifeline before custom exemptions negatively…