Latest Business News
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…
Annual Inflation rate hits 10.2% in March
Exchange rate depreciation, money expansion, supply shortages, recurrent wage increases are attributed…
World Bank watches unfolding of political situation with great concern: Bank president
World Bank has helped finance several projects in various sectors during the…
Cabinet to kick off food and commodities discounts
Discounts are meant to counterbalance increasing inflation rates, cabinet says