Latest Business News
Timetable set to reclaim 40,000 acres from Western Desert: Ministry of Agriculture
Minister of Agriculture and Land Reclamation Ayman Abu Hadid recently announced that…
Egypt foreign reserves up at $17.414bn in March: Central Bank
Reuters - Egypt’s foreign reserves rose to $17.414bn in March from $17.307bn…
Dubai says agreement in principle on UAE bourse merger; no final word on bond issue
Reuters - A top Dubai economic policymaker said on Monday that an…
Ministry of Housing approves debt repayment plan for struggling tourism companies
Ministry of Housing agrees to grant tourism companies the option to pay…
Egyptian pound strengthens at central bank Forex sale
Reuters - The Egyptian pound strengthened at a central bank dollar auction…
Divergence in MENA sovereign energy importer-exporter ratings widens: Fitch
Reuters - Fitch Ratings says in a new report that the average…
Smartcard subsidy system to be implemented in Port Said next week
Ministry of Supply provides smart ration cards to citizens to meet their…
Egypt bourse hits 8-week low
Reuters - Egypt's main index dropped 2.3% to its lowest close since…
EGP 500m capital allocated for Egyptian Company for Road Projects: Minister
“The capital of the newly established joint-stock company is 100% Egyptian,” says…
Social insurance debt to be repaid by 2021: Finance ministry
Value of social insurance debt between 2011 and 2013 amounted to EGP…