Latest Business News
Parliament’s Economic Committee to calculate unattended summons, investigative requests against government to be re-presented
The IMF loan has not been delivered to the parliament, says committee…
Government meets foreign pharmaceutical company representatives to overcome medicine shortage
Companies demand government’s support in wake of higher production costs after pound’s…
NBE receives EGP 15bn in new deposits in fortnight: chairperson
Banque Misr collected $400m during the first two weeks of the flotation,…
International Cooperation Ministry to increase support for Takaful, Karama programmes to include 1.7m families
Minister of International Cooperation Sahar Nasr said the government aims to achieve…
Foreign exchange outcome at banks exceeds $3bn over past 2 weeks: CBE sub-governor
Investment funds, international pension funds began investing in Egyptian government debt instruments
Hyundai dominates Korean car sales, Verna in the lead
As of the end of September, Hyundai has acquired 75% of Korean…
Pound’s devaluation attracts price-sensitive tourists to Sharm El-Sheikh, Hurghada: Colliers International report
Egypt’s tourism sector continues to be affected by last year’s Russian aeroplane…
Apache allocates $909m for drilling 97 wells in FY 2016/2017: Khalda Petroleum head
Company in discussions with foreign partner to increase investment and review plan…
Exchange rate liberalisation contributes to attracting foreign investment to real estate sector: Palm Hills
Middle-income housing accounts for 25% of market needs, says Palm Hills CEO