Latest Business News
Electricity Ministry compares between 6 companies to build $10bn coal-fired power plant
The power stations will be set up on a EPC + F…
EFG Hermes to expand in US with New York office
The Egyptian Financial Group (EFG) Hermes, a financial service corporation in the…
Egypt ranks 122 out of 189 countries in Doing Business report for 2017
Tax payment performance in Middle Eastern countries is good; however, Egypt has…
Egypt is able to pass tough economic reforms, potential ‘11/11 protests’ are internal affairs: Thorne
Economic reforms will likely negatively impact citizens, but are necessary to correct…
A government decision to revoke confiscation of Edita sugar is imminent: sources
Sources at Edita Food Industries said they expect a government decision revoking…
International Cooperation Ministry signs $396m funding agreement with Japan to develop electricity sector
International Cooperation Minister Sahar Nasr and Japan’s ambassador to Egypt Takehiro…
No clear response from Aramco about timing of receiving oil shipments: El-Molla
The ministry issued a tender to secure November's needs of petroleum products
Egypt seeks to be listed among the top 30 countries in economic, social development: Trade and Industry Minister
The government targets reaching 6% growth in GDP next year, increasing investments…
CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78
The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…
High US dollar exchange rate, import restrictions lift computer prices in 2016
PC prices increased by 60% while demand fell by 50%
