Latest Business News
Ambitious bike-sharing startup Ofo raises new funds
Having tested its yellow bike fleet in the US and UK, Ofo…
Manpower Ministry’s Emergency Fund grants allowance to tourism workers: ministry official
About 70% of tourism employment was dismissed in the last six years…
Floating hotels incur EGP 50,000 of weekly losses due to high fuel prices
In case of implementing programmes and loading companies with the difference in…
Busy Arab tourist season expected in summer months: tourism workers
Arab tourism is different from European tourism in terms of being more…
EU OKs Peugeot takeover of Opel
The EU competition authority has agreed to Peugeot PSA's takeover of Germany's…
Increasing electricity prices expected to proceed EGP 30bn
Prices for industrial activities to be surged by 30-40%, EGP 47bn allocated…
Egypt foreign reserves reaches $31.305 billion in June; Pound steady
The reserves records 29% increase since the beginning of 2017
FunRock opens office in Egypt to Further Develop Mobile Gaming Industry in Middle East
We picked up Egypt for its investment-attractive environment, says Shehata
Military Production Ministry receives $2bn in offers from China, Korea, EBRD to produce solar panels
German alliance prepares a feasibility study of the project within 3 months
No increase in medicine prices this year: Minister of Health
The minister signed an agreement with medicine companies to increase prices of…