Latest Business News
Big Rental sells gas, butane-powered electric generators during energy shortage
This means that citizens who use gas lines connected to their place…
5.14% year on year decline in construction spending: CAPMAS
Unstable economic situation in Egypt the main reason behind decrease in construction…
Recession and high prices limit traders’ preparations for Ramadan
Imran attributed the stabilisation of prices during the coming Ramadan season to…
Electricity theft, technical losses reach EGP 8bn annually: Ministry of Electricity
Ministries of Electricity and Petroleum have launched initiative to reduce 20% of…
Electricity utility to launch notification service for outages in Cairo
New service will send notifications of location and duration of power outages…
EIEC launches campaign urging Egyptians to lower electricity consumption
The initiative aims to decrease electricity consumption in households, commercial and industrial…
Long term-loans taken out by government economic bodies up 3.3% year on year: CAPMAS
Increase of value of long-term loans can be attributed to Egypt’s unstable…
Trade authority seeks to increase growth rate of domestic trade to 8%
Five-year strategy will increase investments in domestic trade by EGP 50bn, says…
Egyptian engineering industries develop plan to increase exports to 31 countries
By Abdel Qader Ramadan The Engineering Export Council, comprised of Egyptian companies…