Latest Business News
Temporary auto price cuts expected until late August
The offers made by companies are an opportunity to be seized: El…
Orange losses multiply 37 times to reach EGP 803m in Q2
Orange Egypt mobile operator registered net losses of EGP 803m in the…
Holding Company for Cotton Spinning and Weaving targets EGP 7bn revenues in FY 2017/18
The development of cotton ginning mills will cost EGP 2bn, says Moustafa
Hassan Allam snaps management of solar energy projects services in Benban
Companies to pay $4,500 per MW, including 8% obtained by the NREA…
ADFD provides funding for 64 development projects in Egypt worth $1.08bn
The projects span diverse sectors, most notably transportation and housing sectors
Paying social allowance to private sector employees is preferable: FEI
The obligation cannot be effective due to the current economic circumstances and…
92% decrease in global demand on Egypt’s oil in 2018: Credit Suisse
Nigeria and Libya production surprised to the upside, and demand growth hit…
Supply Ministry proposes reducing citizens’ share of subsidised bread from five to four
The proposal includes doubling bread points by 100%, the ministry confirms that…
Shoukry heads to Brussels for Egyptian-European meetings
Egypt’s candidacy for heading UNESCO is at the top of discussions in…
State displaced Warraq tenants not for land recovery, but for selling land to investors: residents
We are not squatters, but we pay the government in return of…