Latest Business News
National unemployment rate remains steady at 13.4%.
Rate has increased 57.3% since 4Q 2010
National Bank of Egypt signs $50m deal with European Bank for Reconstruction and Development
The agreement will help finance foreign trade operations
Gulf investor interest highlights Egypt’s retail upside
Dubai-based retail group Majid Al Futtaim (MAF) has plans to invest around…
Minister of Agriculture reveals new strategy for marketing wheat
Strategy stipulates that PBDAC finance agriculture co-ops to allow them access funding…
Egyptian pound inches up on official, steady on black market
Reuters - The Egyptian pound was up slightly at a central bank…
BG Group buys Nigerian LNG to replace lost Egyptian output
Reuters - BG Group has bought six liquefied natural gas (LNG) cargoes…
Egypt’s LNG import ambitions thrown into disarray
Reuters - Egypt's hope of importing liquefied natural gas to stave off…
One of the biggest cable parks in the world opens in El Gouna
100s of metres of cable, the latest obstacles and speeds up to…
NTRA calls on internet companies to improve services
“Internet Revolution” initiative aims to increase speeds, reduce prices
Pioneers Holding to buy 60% of Roaya Group: CEO
Reuters - Pioneers Holding plans to acquire a 60% stake in real…