Latest Business News
Japan tourism growing rapidly
The number of foreign tourists visiting Japan has reached a record high,…
Elsewedy Electric, NCC win Upper Egypt electricity tender
Elsewedy Electric and the National Contracting Company (NCC) won a tender to…
NAT, Thales Group to provide ticket machines for third metro line
The company has made a financial offer to implement the project for…
Rumours of holding medicines customs clearance unfounded: head of customs authority
We are instructed to accelerate customs clearance of strategic and basic commodities…
Parliament’s Economic Committee begins inspecting private funds before end of January
Flotation raised funds from EGP 52bn to EGP 66bn, say sources
22% growth in customs outcome after flotation, expected to collect EGP 29.4bn by end of FY 2016/2017: ETA chairperson
Customs outcome reached EGP 27.2bn by the end of FY 2015/2016
EGP 3.7bn in electricity consumption bills collected in December
Distribution companies collected EGP 3.7bn; EGP 1.6bn in arrears owed by government…
Largest 10 banks acquired 72.11% of total deposits until September 2016: CBE
The share of the largest five banks of total deposits reaches 58.9%;…
McDonald’s prunes its China business
US fast-food giant McDonald's is selling a majority stake in its China…