Latest Business News
Egypt’s private sector celebrates IMF conditionality while government sighs in relief
Egypt’s private sector has largely celebrated the news of the IMF loan,…
Daily News Egypt reveals negotiation points between IMF, Egypt over $12bn loan
Allowing the Egyptian pound’s exchange rate to move both directions based on…
Leasing activity grows 12% in first half of 2016
EFSA stated that the number of registered leasing companies is now 222…
3 electricity projects subject to minister’s decision on ‘arbitration’
The companies include ACWA Power, Al-Nowais, and Toyota’s alliance to establish plants…
US dollar loses EGP 0.10 on informal market reaching EGP 12.40
Informal market started lowering the selling prices of the US dollar after…
Confusion in electricity sector as price increases not applied for July
Distribution companies to issue July’s bills at 2015 feed-in tariff rates, awaiting…
No increases in ticket prices in the coming period: EgyptAir chairperson
First instalment of operating lease for new Boeing aeroplanes will be paid…
Etisalat Egypt profits increase to EGP 540m, despite revenue drop
10.7% drop in company's revenues
No retreat from demolition of Attaba buildings, Cairo governorate may discuss compensations: Cairo deputy governor
Demolition only benefits building owners who seek to sell the land to…
MSCI continues moving sideways near 873.5 points over the last week
The MSCI index continued moving sideways for the second week in a…