Latest Business News
Deserted Naama Bay
A picture taken on 18 February 2014 shows the nearly deserted Naama…
EFG seeks to increase assets under management in Egypt
Reuters - EFG Hermes, one of the largest investment banks in the…
Minister of Communication, Raya inaugurate largest communication centre in Middle East
Located in Maadi technological investment zone, new centre will offer Etisalat’s customers…
Sony sells 5.3 million Playstation consoles
The console will go on sale in Japan on 22 February, the…
Central Bank of Egypt earmarks $1.44bn for low-cost housing
Reuters - Egypt’s central bank said on Tuesday it would allocate EGP…
Egypt is an advanced market when it comes to telecom: Ericsson CEO
DNE Chairman Mostafa Sakr discusses Egypt’s telecom industry with HansVestberg, President and…
Ministry of Industry announces development of 35 industrial zones
The zones, spread across 22 governorates, will be outfitted with basic infrastructure…
Fitch rates Egypt outlook ‘stable’, but deems quick recovery ‘unlikely’
Total spending rose to 33.5% of GDP in FY 2013 (up from…
40% of agriculture waste left to rot: Federation of Egyptian Industries
Agricultural waste must be recycled and reused to produce renewable energy, says…
Egypt Hits 5-year high on Election Law talk; Q4 reports hurt Dubai
Reuters - Egypt’s bourse surged to a five-year high after a local…