Latest Business News
US Senate nixes Trump’s ZTE deal
Shares of Chinese telecom equipment maker ZTE have plummeted after the US…
Currency devaluation, reform open new chapters for trade: HSBC
Pound floatation in 2017 contributed to bridging trade deficit, as exports improved
Breakthrough in wind feed-in tariff projects
Cabinet agrees in principle to implementation of stations on BOO scheme
IMF likely to approve Egypt’s third review on 27 June
Approval enables authorities to receive $2bn
Businesspersons Association demands government raises price of sugar cane supply to reach EGP 1,200 per tonne
The Businesspersons Association for Investment and Manufacturing has demanded the government to…
Daily gas production up by 1.5bn scf/day: Petroleum Ministry
The Ministry of Petroleum announced that the total daily added production of…
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…