Latest Business News
Natural gas supplies to be temporarily reduced by 5%
A natural gas supply unit will stop working from 17 to 27…
Saudi Arabia imposes fines, jail terms for visa lapses
Punishment ranging from fines and jail terms to confiscation of assets and…
Gulf support should not substitute for long-term economic reform: IMF official
Egypt must address “imbalances in the budget”, generate jobs, and improve living…
Egypt’s SODIC settles with government over Eastown project
Reuters - Property developer SODIC has signed a dispute settlement with Egypt’s…
Investment projects in transportation sector total $3.5bn: Transport minister
A number of transportation projects included in the stimulus package have been…
Egypt ranks second in the World’s Richest Arabs list: Forbes Middle East
According to Forbes Middle East’s counts, the total worth of the Egyptian…
Ministry of Industry obliges governmental bodies to reduce electricity consumption by 20%
Industry minister says that starting next June, new air conditioning system will…
Egypt pound weakens at Central Bank’s dollar sale and on black market
Reuters - The Egyptian pound weakened at a central bank dollar sale…
9,125 residential units constructed in Beheira: Minister of Housing
Ministry of Housing implementing low-middle income housing projects across Egypt
Arabia Group investing in 1m square metre project in Sinai: Chairman
Tarek Shoukry believes the prices of the property units by around 25%.