Latest Business News
Huawei Egypt to increase local market investments
Investment minister and Huawei’s CEO discussed the future plans of Huawei in…
TBEA, Orascom win tender for Walideya power plant
Contracts estimated at EGP 94.86m for TBEA, EGP 1.25m for Orascom
The government targets collecting foreign financing of $9bn next year
External liabilities on Egypt are expected to exceed $10bn during the next…
Chubb Life Insurance-Egypt aims to increase its business 3-fold by 2020
Egypt will represent a significant growth opportunity for Chubb Life in the…
Cabinet approves stamp tax on EGX transactions
Expected proceeds range between EGP 1bn and EGP 1.5bn in fiscal year…
Amazon to acquire UAE-based e-commerce platform souq.com
Souq currently controls around 78% of all e-commerce in the MENA region
Nasr negotiates for 3rd tranche of World Bank’s loan
Egypt targets implementing reforms to improve its rank in the next Doing…
EBRD is studying financing five feed-in tariff projects in its 2nd phase
Janet Heckman, managing director for the Southern and Eastern Mediterranean (SEMED) region…
81.5% of total water resources in Egypt consumed in agriculture: CAPMAS
The agriculture sector remains the largest consumer of water in Egypt, as…