Latest Business News
Qalaa’s ASEC Cement sells stakes in 2 firms to Misr Cement Qena
The transaction, worth approximately EGP 1bn, is expected to take place on…
Al-Sisi approves establishing phosphate and fertiliser factories in Ain Sokhna
The cluster's production capacity amounts to 1m tonnes per year, says presidential…
Egypt suspends tourism promotional campaign due to Russian plane incident
International tourism companies are awaiting investigation results
Final general budget account proposedto president with 11.5% deficit
Energy subsidy falls to EGP 52.3bn, grants reduced by EGP 70bn, says…
How one Egyptian family’s $6bn enterprise has spanned the globe
From the smallest of islands to one of the greatest expanses on…
Government allocates EGP 400m for industrial lands in FY 2015/2016: Qabil
Government offered 622 pieces of land to overcome problem of lack of…
Banque du Caire increases branches, banking units to 231
Bank opened six new branches and banking units, plans to expand in…
Mortgage finance grows by 57% in first 9 months of 2015
Companies with foreign capital were allowed to finance mortgage in July 2014
Egyptian Iron Steel, Ezz steel suffer notable losses
A protection fee was imposed on rebar steel in April 2015