Latest Business News
Egypt cancels protection fees on sugar imports days after raising customs
Decision prevents local factories from controlling prices after raising customs, says state…
Revisions to forecasted GDP growth rate show continued decline: FocusEconomics
In its January report, FocusEconomics lowered the GDP forecast to 3.6%, after…
Minister of Industry discusses opportunities to boost economic relations with US
We discussed the obstacles to increasing Egyptian exports to US market, says…
Microsoft to electronically link Ministry of Supply’s wholesale, retail outlets
The project costs approximately EGP 150m, says official
Seasonal fall in vegetable prices behind decline in inflation in January
Value-added, reduction of imports, and depreciation of the pound stand behind curbing…
Ministry of Tourism calls for promotion of Egyptian music concerts in Arab countries
A total of 9.3 million tourists arrived in Egypt in 2015, 600,000…
Wheat production in Egypt is not ‘profitable’: Report
Urban development and international price for animal feed lead to diminishing domestic…
Eni to complete second well in Zohr field by April for $100m
The Italian company is drilling six wells in Zohr in deep waters…
Blue Sky studys establishment of tour operators in Russia, Eastern Europe
There is currently a lack of supply in the international Russian tourism…