Latest Business News
Gulf Arabs free fuel for Egypt reaches $6bn in value
The aid helps reduce the heavy costs of government fuel subsidies and…
Chairman of the Chamber of Goods and Antiquities: $1.5bn loss in activity during 2013
The Ministry of Antiquities halted the completion of an exhaustive restoration of…
Telecom Egypt agrees to pay EGP 2.5bn for mobile licence
Reuters - Fixed line monopoly operator Telecom Egypt’s board of directors agreed…
Petroleum ministry prepares bourse listing of new petrochemicals companies
By Muhammad Adel After amending the listing rules of companies in the…
Ministry of Petroleum requests $4bn to import fuel for power plants
12 shipments of liquefied gas represent only 3% of one day summer’s…
Sabahy aims to boost economy through job creation
The presidential hopeful’s economic plan relies on state budget, banks, and investors…
ECESR gains permit to appeal against investment law amendments
Centre cites previous rulings by the Constitutional Court and the Supreme Administrative…
Electricity ministry evaluates using solar energy to power outdoor ads
Street lighting accounts for 7% of country’s overall power usage, Minister of…
Suez Cement Company invests EGP 300m to convert plants to use coal power
The company is still waiting for final approval from the Ministry of…