Latest Business News
Expected increase in number of German tourists next year: head of tourism bureau in Berlin
The number of German tourists visiting Egypt should return to pre-Metrojet crash…
Competitiveness of Egyptian economy is being reassessed: ABA
The flotation of the Egyptian pound requires that companies re-evaluate their assets,…
Administrative Court rules in favour of ECA monopoly over investigations into monopoly practices
ECA’s role does not contradict with NTRA’s role in the field of…
Sumitomo Electric to establish 2nd factory in Egypt worth of EGP200m
Governmental programme for supporting exports is reason behind establishment, says Minister of…
US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06
The dollar value is expected to drop as companies finalise their budgets
Orascom Telecom sells MENA Submarine Cable Systems to Bharti Airtel
The deal is part of Orascom’s exit strategy from non-core investments
Egypt’s long-term trade outlook positive despite current challenges: HSBC Egypt Trade report
China, India, and Bangladesh projected to be fastest growing export markets in…
Electricity Holding Company borrows $650m to develop 2 power plants: Minister of Investment
The project comes within the second phase of the electricity emergency plan…
Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE
This sum includes the repayment of letters of credit and documents of…