Latest Business News
Egyptians feel squeeze as austerity measures, inflation bite
Hard-pressed citizens begin to feel the impact of the IMF deal
Sisi, Abbas discuss efforts to gain international support towards two-state solution
Abbas discussed the latest developments in Palestine with Egyptian ministers of Foreign…
EGP 22.5bn allocated to develop electricity distribution networks within three years
The Ministry of Electricity has allocated EGP 22.5bn for the maintenance of…
WesternGeco and TGS collect geophysical data for $720m
Contract will be signed in two weeks for land areas in Western…
Interest rate’s increase temporary, related to IMF loan: Egypt Support Coalition
The government is criticized for its inability to control price hikes
Value of Egyptian exports to the United States reached EGP 10.6bn in 2016: CAPMAS
The value of Egyptian exports to the United States reached EGP 10.6bn…
Unemployment among youth at 24%, priority is supporting infrastructure in most vulnerable governorates: Nasr
Youth, investment ministries cooperate to provide employment opportunities for young people
Package of negative implications pending after hiking interest rate
Financing of companies through non-bank financial markets amongst top beneficiaries
First Egyptian factory for sports shoes opened with EGP 60m investments
The factory’s capacity is 120,000 shoes per month, we aim to export,…
Egypt third biggest market for contracts awarded in MENA 2016: MEED report
Egypt was the third biggest market for contract awards in the Middle…