Latest Business News
Wages account for 55% of health financial allocations in next budget
The allocations include EGP 10.3bn for investments, EGP 4.1bn for subsidies, and…
EGP 683.07bn total outstanding balances of local treasury bonds until late May 2017: El-Garhy
$14bn foreign bonds, including $10bn issued during the past 10 months
Australia ties record of 26 years without recession
Australia's economy recorded just enough growth last quarter to match the Netherlands'…
Government approves EGP 45bn social security package
The government's package is much lower than inflation rates and does not…
We cannot continue with the current deficit and debt rates, and we are working to reduce them, states the Finance Minister
We aim to reduce the deficit to 9%, unemployment to 11.5%, increase…
Egypt’s budget ambitious with broad challenges
Despite the reforms, EGP 370bn will be added to the public debt…
WUZZUF launches its Internships programme for Summer 2017
WUZZUF, the recruitment website in Egypt, has announced the launch of their…
37% of shoppers use smartphone apps to buy goods during Ramadan
A report issued by Payfort expected that Egyptians will spend over 50%…
Wasla plans opening branch in Assiut with capacity of 400 seats next year
Company contracted with 90% of charities, allocated 200 seats to receive donations…
Samsung agrees with Raya, B.Tech, Mobile Shop to have its phones paid in installments without interest or down payment
The Egyptian market is promising despite economic shocks: Abo Zeina
