Latest Business News
EETC receives 6 requests for land allocations to construct solar power plants
The companies have applied for land in the Benban area of Aswan…
Arab inbound tourism to Egypt grew by 6.7% in 2015: Tourism Activation Authority chairperson
Visiting Saudi tourists increased by 23.7% compared to 2014, constituting largest Arab…
World Bank to disperse $1 bn loan instalment upon approval of government programme
The loan instalment is a portion of the $3 bn loan package…
IMF loan negotiations: Will Egypt make it work this time?
Economy professor Alia El-Mahdy believes Egypt will adopt further economic reforms in…
Egypt’s economic growth expected to decrease to 3.3% in 2016: IMF
The report predicted a global economic growth of 3.3% during 2016. However,…
Egyptian scientist initiates trial project for public Wi-Fi in Tunisia
We are depending on a new technology covering the largest area possible…
United Bank, SFD sign EGP 150m contracts to finance SMEs
The first contract stipulates that the SFD will provide EGP 100m for…
Egyptian ICT market will achieve growth rate estimated at $8.95bn in 2016, $10.32bn in 2019: IDC Group vice president
We think Egypt is a market with strong potential and full of…
OTMT, CIB agree to extend acquisition offer before its conclusion on Thursday
OTMT made the acquisition offer through its affiliated company Beltone Financial. The…
BP to establish natural gas processing plant with 77bn cubic feet/day capacity
BP to complete the LNG production facilities by end of 2020, says…
