Latest Business News
Ministry of Aviation’s petroleum dues increased to EGP 7bn by November
Debt increased due to the suspension of payment of the entire value…
HOTAC incurs EDP 30m losses due to decline in tourism: Chairman
If occupancy rates continue to decline, revenues will be affected in 2016,…
Egypt’s debt burden to see no relief as infusion of debt stimulus to spiral upward
After the EEDC, at least $8.3bn in loans has been agreed to…
Banking intermediation credit to private sector at 32% until 15 September
The overall share of funds to SMEs in the loans portfolios of…
Emirates NBD renews partnership with Allianz Egypt for 5 years
We have ambitious plan to expand in Egypt and launch innovative products…
ITIDA launches electronic portal to support outsourcing industry in April
We aim to promote Egypt as a regional axis of call centres,…
Parliament’s Health Committee studies draft law to supervise ministry’s tenders: PM
Over past five years, concern was focused on treatment aspect, without enough…
Suez Canal registers revenues of $5.176bn in 2015, down by 5.3%
Payloads also increased by 3.7% to $998.7m net tonnes in 2015 compared…
Tourism sector in EGP 71.9m debt to 4 electricity companies: Tourism Ministry official
Non-performing bodies will schedule receivables, with several facilitations and incentives in payment
