Latest Business News
Google invests in Alibaba rival JD.com
US internet behemoth Google has announced it's investing half a billion dollars…
As US, UK ‘retail apocalypse’ deepens, EU chains grow nervous
The amount of US retail space lost in 2018 is expected to…
25-30% increase in real estate prices after fuel price hikes
Member of the board of directors of the Egyptian Federation for Construction…
Government reduces fuel subsides by 16-66%, raises gasoline 92 to EGP 6.75
The Egyptian authorities decided to go ahead with hikes to subsidised government-set…
IBM Appoints Wael Abdoush as Country General Manager for IBM Egypt
IBM today announced the appointment of Wael Abdoush as Country General Manager,…
Drowning in debt — Barbados’ predicament offers a warning for small island nations
Barbados has been struggling with weak economic growth over the past decade,…
Egypt targets increasing Zohr gas production to 1.75bn scf/day by August: El-Molla
Egypt is targeting increasing the production capacity of its mega gas field…
No clear incentives for Egypt’s MFIs to transform from NGOs into for-profit companies: IFC
2.5bn people in developing countries have little or no access to formal…
Egypt amends some provisions of listing, delisting rules for EGX
The board of directors of the Financial Regulatory Authority (FRA) issued a…
EGP 6.2bn tender for constructing nine transformer stations to be offered: electricity minister
We will extend network by over 6,174 km through 2025, says Mohamed…