Latest Business News
Sawiris says ready to invest $1bn-$2bn in Telecom Italia: Paper
Sawiris had unsuccessfully attempted to buy a stake in Telecom Italia in…
EU contributes €57m to improve Egypt’s water systems
Projects are expected to bring water to more than 1.5 million people…
Egypt still in need of financial assistance: International Monetary Fund
Financial aid could come from Gulf countries, the IMF or other financial…
Cairo Festival City’s second phase to cost EGP 4bn
The current estimated cost for the project’s third phase is EGP 8bn
Moody’s downgrades Turkey outlook to ‘negative’
Putting the country’s investment-grade rating at risk
IMF, World Bank push for price on carbon
Warning that time was running out for the planet to avoid worst-case…
World finance chiefs fall short on growth plan
Voicing concern that the Ukraine crisis could hurt the world economy
Ministry of Industry launches tyre retreading project
Retreading old tyres costs 60% less than producing new tyres, and uses…
Wheat bought by Egypt’s GASC stuck in Russian port: Traders
Reuters - Two wheat cargoes purchased by top global wheat buyer Egypt…
Egypt’s real estate prices expected to increase by 15% in 2014
High demand on property units is partly attributed to climb, says Executive…