Latest Business News
Egypt targets budget deficit of 7.2%, GDP growth of 6.1% in FY 2020: Finance Minister
The Egyptian government targets a budget deficit of 7.2% and a GDP…
Inaugurating 30 June Axis within one month: Minister of Housing
The Minister of Housing and Urban Communities, Assem El-Gazzar, announced that the…
Three projects drive City Edge’s sales in 2019
We aim to achieve EGP 10bn in sales, says company’s CEO
WB, Mortgage Finance Fund discuss details of new deal
Fund’s loans portfolio to increase to EGP 32bn at end of 2019,…
Egypt’s public investments reach EGP 1.5tn in last four years: Planning Minister
Africa’s needs are estimated at $170bn annually to implement infrastructural projects
Tawfik announces initial partnership deal between Nissan, El Nasr Automotive to produce 100,000 cars annually
Ministry owns 250 untapped land plots with area of 19m meters, to…
Ministry of Supply to start third stage of ration-card system’s reforms in April
During third stage, ministry will look into appeals of ration cardholders who…
Al Wazir discusses transport projects with NAT, including Mansoura Metro
Project will be entirely funded from state budget
US dollar records lowest level against Egyptian pound since March 2017
Pound value against dollar gains over 23 piasters in March, 62 piasters…
EETC, EGEMAC sign EGP 1.7bn worth contracts to develop transmission networks
The Egyptian Electricity Transmission Company (EETC) has signed four contracts, valued at…