Latest Business News
Government able to achieve targeted budget deficit: El-Garhy
We have not studied cancelling the tax on treasury bills and bonds…
The CBE’s strategy to encircle imports failed to save dollars
Egypt’s economy is linked to a number of imported raw materials, says…
Cost of government debt threatens economic reform programmes
The government successfully controls the subsidies and salaries bills, but fails to…
CBE ignores increasing inflation, keeps interest rate unchanged contrary to expectations
With this decision, the interest rate on deposit remains at 11.75% and…
Bank credit facilities increase by EGP 224.7bn over FY 2015/2016: CBE
Private sector accounts for 59.8% of the credit facilities, while industry leads…
Tecno Mobile launches new smartphone awareness campaign
The campaign explains the functions and details of different smartphone features and…
Egypt’s mobile operators decline 4G licence
Egypt’s government will launch an international tender in case locally operating companies…
China and Japan take a trip to Cuba
In the next few days, the prime ministers of Japan and China…
Brexit might prove beneficial for GCC: Orient Planet Research
UAE and Britain have set a new target for its bilateral trade…
Ritz-Carlton to open in Sharm El-Sheikh, Marriott to open sports hotel in Abu Dhabi
Tourists could spend five times as much in other Mediterranean countries to…