Latest Business News
Ministry of Tourism seeking to diversify sector’s activities in near future to increase plunging tourist numbers
The Minister of Tourism talks with Al-Borsa about the current state of…
More private sector influence good for economy: Al-Suwaidi
The Egyptian economy is currently facing many challenges in light of the…
No fear for role army in Egyptian economy: Hossam Farid
A lack of funding and the absence of legislation have been long-standing…
Reducing subsidy expenses essential to jumpstarting Egypt’s economy: Economists
Reducing subsidy system expenses in the 2014/2015 fiscal year (FY) budget will…
$6bn foreign direct investment in FY 2014/2015: Investment minister
Egypt’s total foreign direct investments for FY 2013/2014 measured $6bn, Investment Minister…
Government to offer bids to generate 8GW from coal and renewable energy: Salman
The government hopes to offer two tenders to generate 8GW of electricity…
Egypt needs growth, jobs over economic stability: IMF chief in Egypt
Government has set concrete goals for its February economic summit, says Lazard…
Goal is to pay attention to investors, not privatise: Investment minister
Government will pay 30% of total dues to foreign oil companies by…
Euromoney Conference: Public-private partnerships underway, but process cannot be rushed
Government seeks to launch new projects with private sector participation