Latest Business News
Egypt to save $1tn through establishing solar thermal power plants by 2050: El-Nokrashy
The president is excited to establish renewable energy projects, considering them future…
Egyptian airports register 29% decrease in passengers during first 10 months of 2016
Sharm El-Sheikh International airport witnessed the largest decline, as 2015 Russian aeroplane…
Health Committee to summon HoldiPharma officials to review development plans next week
Medicine shortage has been exacerbated by negligence of domestic medicine production; most…
Exchange rate semi-stable at CBE, banks on Wednesday
At banks on Wednesday, the US dollar changed hands at EGP 17-17.5…
Orascom Construction achieves net income of $75.4m as of September
The company’s net income increased 17.3% from last year, and total revenues…
$500m investments in government debt tools, EGX since pound flotation: Deputy Finance Minister
Launch of international bonds to be determined by end of this week;…
How should the government pace its reforms after the IMF loan approval?
On 11 November, the executive board of the International Monetary Fund (IMF)…
Communications Ministry counts on local manufacturing to increase electronic exports to $3bn
We agreed with 5 companies to locally manufacture and we have requests…