Latest Business News
Egypt to present $1.5bn Cairo-6 October train plans at economic summit
International company offers to implement the project
Up to six companies to be listed on stock market: EGX chairman
Four companies have already listed in the market during 2014, with more…
SODIC to invest up to EGP 2.5bn in Egypt real estate
Earlier this year SODIC agreed to pay EGP 900m to the Egyptian…
Egypt begins transformation into global logistics centre for grain handling: Prime minister
Mehleb says the project is as important as the Suez Canal expansion
Businessmen voice optimism for uniform investment law
Investment minister faces opposition to ‘one-stop shop’ system if put into effect
Deutsche Bank investments in Egypt worth $35m: Investment minister
Deutsche Bank follows Egyptian projects in areas of new and renewable energy,…
FEI rejects minister’s approval of independent union
Industry Federation demands prime minister’s intervention over independent union for land transport…
52.5% growth in railway passengers in August: IDSC
Number of railway passengers reached 15.4 million
Steel companies lower their prices in attempt to attract sales
Decision follows introduction of protective duties on imports as domestic steel industry…
Egypt’s outlook upgraded to stable: Moody’s
Government bond rating confirmed at Caa1, however