Latest Business News
House of Representatives summons government to clarify ‘confused’ economic policy
We expect a significant decline in all economic indicators during the first…
Deficit in trade balance down by 13.1% in July: CAPMAS
The deficit in the trade balance dropped by 13.1% in July to…
EETC to sign energy purchase agreement with 8 companies in the first phase of FIT within 10 days
The list includes Scatec Solar, Wadi Degla, Infinite Solar, FAS Energy, Irena,…
Shell in talks with government to increase natural gas supply
Shell is currently in talks with the government in order to increase…
Egypt hesitates in cutting fuel subsidies
The government pledged to the IMF to raise fuel prices and apply…
Only 503,000 tourists visited Egypt in August 2016: CAPMAS
The number of tourist arrivals from all countries reached 503,000 during August…
NAT contracts with Vinci to implement civil works for 3rd phase of Al-Thawra line
The National Authority for Tunnels (NAT) assigned the civil works for the…
The 3-week challenge: the IMF’s tricky homework for Egypt
When the people of Egypt heard that the government was willing to…
Mindpedia opens development centre in Cairo
Mindpedia, a leading provider of professional services for regional e-commerce companies in…
Interbrand valuates Huawei at $5.8bn
Huawei jumped 16 positions on the Interbrand Best Global Brands list for…