Latest Business News
New price formula for natural gas set at $2 minimum per 1m BTUs
The second method links the price of gas to the international price…
Egypt imports 12 shipments of liquid gas, averaging $17 per 20m BTUs
One shipment is about 170,000 cubic metres.
IMF says Lebanon economy to grow by 4% in medium term
Reuters - The International Monetary Fund forecasts Lebanon's economy will grow by…
Tourism Ministry to offer incentives to attract foreign investment: Investment adviser
Ministerial committee convenes today to review property ownership laws in the Sinai
Private sector fears ‘wealth tax’ will repel investment
Government says new 5% tax on income over EGP 1m will bring…
’Use of Coal’ trial postponed to 24 May due to minister’s absence: Administrative court
Sources at the Ministry of Environment say the cabinet has been pressuring…
Fawry seeks to provide its technology to markets in the UAE and Gulf region
Fawry plans to begin regional expansion in the United Arab Emirates before…
Interim government striving to reduce prices by restructuring public sector companies
By Mohammed Ayad The government is set to remove various heads of…
Annual inflation drops while foreign reserves rise
Revenue consistency prompts rise of foreign reserves for fourth consecutive month and…
Plants need EGP 60m per day to keep electricity flowing this summer: Official
The government will rely on loans and grants from Gulf countries to…
