Latest Business News
PM seeks investors for power plant in Red Sea Governorate
Prime Minister attempts to find fast and unconventional solutions to address energy…
Preventing summer blackouts in Egypt is ‘impossible’: Minister
Summer blackouts have hit Egypt in the past few years as successive…
150 loaves of bread per month, per citizen under new subsidy plan: Supply minister
New automated bakery launched in Port Said
Despite suffering economy, Egyptians remain optimistic: Bayt.com survey
52% of Egyptians believe the economy has declined in the last 6…
Egypt imports 230,000 tons of wheat from Russia, Ukraine and Romania
Minister of Supply says current wheat supply is sufficient until mid-June
96,139 job opportunities generated during the last month: Minister of Industry
Number of applicants fewer than job opportunities provided, executive director of Industrial…
IMF no longer forces ‘structural adjustment’: Lagarde
The crisis lender is sensitive to charges it dictates socially and economically…
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…