Latest Business News
4,000-MW surplus before inaugurating Siemens power plants
Siemens' power plants are linked to the national grid but are not…
EFSA approves deal to sell CI Capital to Arab and Egyptian investors
This comes after the deal of selling CI Capital Holding to Naguib…
EGP loses ground to USD, falls to EGP 16.3 at NBE, Banque Misr
The Egyptian pound losing ground to the US dollar will last for…
Signing of Russian industrial zone in Egypt agreement soon
The new zone will bring back Russian industry to the Egyptian market
Flotation decision was correct and overdue: Ghali
Raising interest is one key to overcoming the economic crisis, Ghali says
Germany finances Egypt’s projects with €203m
An economic delegation accompanied Merkel to Cairo to discuss increasing German investments
Finance Ministry proposes stamp tax on EGX transactions
Tax starts at 1.25‰ in the first year and will reach 1.75‰…
EEHC contracts with Tractebel to evaluate offers on Hamrawein plant
The Belgian consultancy office will review the bids of seven global companies…