Latest Business News
OPEC to raise production as Saudis break Iranian resistance
OPEC will increase oil production in a move its main proponent, Saudi…
Turkish economy facing major challenges
For years on end, Turkey has been able to log astonishing growth…
Egypt’s fuel subsidy reform is credit positive, reducing fuel subsidy bill to 1.7% of GDP in 2019: Moody’s
Subsidy reform adjustment led to declining purchasing power, yet a brightening economic…
€5.8bn size of trade exchange between Egypt, Germany in 2017
German investments in Egypt amounted to €641m in 1,080 projects
1,784 new companies established in May with issued capital of EGP 4.3bn: Investment Ministry
The Ministry of Investment and International Cooperation said that the number of…
UAE’s Mubadala buys 10% of Zohr field
The Ministry of Petroleum signed a final agreement to sell 10% of…
Egypt and Saudi Arabia postpone interconnection agreements indefinitely
Egypt and Saudi Arabia have again postponed awarding the tender for the…
Middle East IPO value falls, but expected to pick up in H2 2018: Baker McKenzie
Region`s IPO activity slows, geopolitics weigh on IPOs, but cross-border deals jump,…
Second phase of Sakan Misr project sells 6,650 conditions booklets in 17 days: NUCA deputy chairperson
The deputy chairperson of the New Urban Communities Authority for Real Estate…
105.5% increase in Egypt’s exports to US in 2017: CAPMAS
The value of Egyptian exports to United States reached EGP 23.6bn in…
