Latest Business News
200m cubic feet per day wasted by gas flaring: EGAS chairman
Egypt ranks among top 20 gas-flaring countries in the world, says EBRD
Ministerial Economic Group approves draft law to facilitate licensing factories
Law accelerates issuance of licenses and start of operations, raises Egypt's rank…
Horizontal trading at 7,100-7,150 points expected on EGX: analyst
The increase follows the Central Bank of Egypt's (CBE) decision to devalue…
CBE to hold exceptional $1.5bn auction
CBE sold $200m to banks operating in the local market at rate…
Domestic tourism initiative extended in bid to bolster occupancy
Egyptian Tourism Promotion Authority continues supporting tours for Egyptians; major sports and…
Decline in number of internet users, mobile users increased month-on-month
3.3% decline in number of mobile-web users, according to Ministry of Communications…
Foreign investments spark controversy in Iran
Following the Iran nuclear deal, international sanctions are being rolled back. While…
Expected increase in price of spare vehicle parts in coming months
Prices have not yet been affected as the quantities currently in the…
Sony secures another stake in Michael Jackson’s music venture
Sony has said it's buying another big chunk of late pop star…