Latest Business News
20 companies listed on EGX with EGP 5bn capital since May 2014
Egypt’s stock market to launch second annual IPO summit
Egypt targets 20 million tourists by 2020: Tourism Minister
Promotional campaign targets 27 touristic markets, 17 companies applied to implement it
Cairo Airport’s Terminal 2 soft opening expected in November
Official opening will be in March 2016, airport capacities are being expanded…
Uber organises 1m rides in 305 cities worldwide: MEA Head of Expansion
Cairo caught our attention for its need for smart transport solutions due…
Saudi investor acquires 10% of Spreado
Our target is to increase the company’s capital to reach EGP 250,000,…
Flat6Labs approves 10 startups in Saudi market
Flat6Labs is a startup accelerator programme that aims at encouraging entrepreneurs to…
Egypt needs an energy mix with various sources
42% of electricity capacity spent in domestic use, only 35% goes to…
Orascom Development Holding registers EGP 26.6m investment gains
During Q1 of 2014, investments gains recorded EGP 39.5m
Russia presents newest aircraft to Egypt’s aviation minister
Sukhoi Superjet 100 is a medium-range aircraft that can accommodate up to…
Economic reform needs tax development, public spending rationalisation: Former PM
Government aims at reducing budget deficit during the current FY to 10%