Latest Business News
Egyptian government unifying citizens’ database
Six Egyptian ministries are cooperating in a project to integrate and unify…
G20 warns global recovery ‘too weak’, shadowed by risks
They backed a "Saint Petersburg action plan" to boost growth and employment…
New gas discovery in North Damietta
BP discovers gas in Salamat well in the East Nile Delta
Bourse’s main index decreases 1.86% last week
The EGX100, the Egyptian bourse’s largest index, decreased 0.36% closing at 744…
Egypt purchases 180,000 tons of Wheat
180,000 tons of Russian and Romanian wheat purchased to produce subsidised bread
Joint business councils restructured
The minister decided to restructure the Egyptian side of the American, Italian…
Turkish lira at record low, threatening growth
The lira touched 2.0839 to the dollar before climbing back to 2.0696,…
Oil hits 28-month high in US on Syria tensions
The New York benchmark, West Texas Intermediate (WTI) for October delivery, shot…
Suez Canal revenues increase to $483m
The report further showed that total deposits for Egypt’s Central Auditing Organization…
Net foreign reserves surge to $18.91bn
Around $34m increase between July and August 2013