Latest Business News
Electricity Ministry studies increasing consumer fees starting July
Increase ranges from 14-37% for all consumers, sources say
Japan logs trade deficit after months of surpluses
Japan has said it started the year with a trade deficit as…
Government outstanding debt rises EGP 21.65bn in January 2018
Balance increased from EGP 676.68bn to EGP 698.33bn by end-December 2017: Ministry…
Industry, Military Production Ministries sign 3 cooperation protocols to develop Egyptian industry
Protocols aim to maximise industrial, technological potential of two ministries to enhance…
Pharos acts as exclusive financial adviser for Sico
Devices will be marketed locally, elsewhere in MEA region
81.5% of world’s proven crude oil reserves located in OPEC member countries
Middle Eastern countries contributed to the majority, 65.5%, of the Organisation of…
US Department of Commerce recommends imposing 53% tariff on steel imports from Egypt, 11 other countries
The US Department of Commerce has made recommendations to the US president…
Limited response from banks to CBE’s move to lower interest rates
ALCOs of banks operating in Egypt will hold intensive meetings Monday to…
Hassan Allam Properties acquires 600 feddans in North Coast
Hassan Allam Properties (HAP) announced the acquisition of 600 feddans in the…
Will the government partner small, medium real estate companies?
As the government has recently held partnerships with some developers, such as…