Latest Business News
CBE initiative set to rescue 50% of hotels nationwide
Initiative will consider promoting local industry by requiring 65% reliance on domestic…
CAPMAS starts general census of population, housing, establishments at initial cost of EGP 800m
The census provides all the statistical data for policy makers and decision…
Egypt becoming an energy superpower, UK being its top oil and gas partner
Egypt has successfully restored foreign investors’ confidence in the economy, says UAE’s…
Accelero Capital acquires ownership of its largest shareholder OTMTI
Accelero Capital, the investment and management group, has announced on Tuesday that…
PricewaterhouseCoopers, MCK, Ernst & Young are competing to develop a strategy to restructure Ministry of Petroleum
The ministry is intending to exit from non-oil companies, and increase the…
France’s ambassador to Egypt calls for French oil and gas companies to take advantage of Egypt’s investment opportunities
It’s a historic time for Egypt, as new natural gas explorations will…
Majid AlFuttaim to open Mall of Egypt in March
Will be first regional shopping center for the company in Egypt, offering…
Egyptian Stock Exchange signs MoU with Sydney Stock Exchange, aimed at strengthening cooperation
The memorandum of understanding (MoU) will allow cooperation between the two parties…
Unemployment rate declines to 12.4% during Q4 2016
The rate will witness further decline during 2017/18: EFG Hermes expert
