Latest Business News
Egypt’s hotel market sees average 34% RevPAR growth in Q1 of 2019
Egyptian markets, such as Cairo, Hurghada, Sharm El-Sheikh, and Alexandria, continue to…
IDB’s net profits reach EGP 136m in M4 of 2019
Bank allocates EGP 500m to develop its technological infrastructure for modern banking…
CBE governor, communications minister discuss expanding banking services in villages
Amer witnesses signing cooperation protocol to train workers of banking sector in…
Cabinet approves amendments to Mineral Resources Law, sends it to parliament
Amendments approved by concerned authorities to be discussed in parliament on Tuesday,…
New electricity tariff to be imposed in July
electricity pricing schemes to be submitted to cabinet for approval within weeks
Egypt’s annual inflation falls to 12.5% in April
Egypt’s annual consumer price inflation dropped to 12.5% in April 2019, compared…
MNHD records EGP 634.2m in consolidated revenues in Q1
Madinet Nasr Housing and Development (MNHD), an urban developer in Egypt, recorded…
Turkey’s illegal drilling in Cyprus’ EEZ revives geopolitical rivalries in Eastern Mediterranean
The countries of the eastern Mediterranean are on course for some choppy…
WDR 2019: changing nature of work, best government response?
The World Bank (WB) issued the World Development Report (WDR) 2019 on…
