Latest Business News
IDB allocates $220m for Egypt-Saudi electricity interconnection project
Islamic Development Bank announces $566m financing for projects in energy, roads, petrochemicals,…
Tourism sector asks banks to postpone debt repayment to end of 2015
Banking system owed EGP 10bn from tourism sector, workers hope to postpone…
Numerous public bank officials resign to protest maximum wage
New maximum wage sets wages at 50% less than original wages, resigned…
World’s 7th largest dairy firm drops Egypt’s Arab Dairy bid
Arla Foods explore alternative options to enter Egyptian market
Subsidised fertiliser crisis result of production issues and poor distribution
Companies in free investment zones must export all products, no need to…
Social financial allocations to be regularly paid for better services: Finance minister
Railway dues will also be reviewed monthly to fund purchase of spare…
Egypt rises 20 points on transparency, anti-corruption ranking
Egypt’s ranking improved in the Corruption Perceptions Index to 94th place in…
Petroleum ministry to add 80m cubic feet of gas to production daily throughout December
Two wells owned by Petrobel will be connected this month, with each…
Saudi company acquires controlling stake in professional network Jobzella
We are taking advantage of a new round of investment by expanding…
2011 witnessed highest resignation rates: ERF
The paper suggests that these trends reflect the response of the Egyptian…
