Latest Business News
Rice shortage behind rice exports suspension: Official
Shortage is a result of an attempt by merchants to monopolise rice…
Egypt to start fuel cuts in 2014: PM
In a country with an unemployment rate of 13 percent, mostly men…
Fuel crisis in Damascus as fighting blocks key highway
Dozens of cars idled outside the Azbakiya petrol station in a lengthy…
Apple acquires Israeli 3D chip developer PrimeSense
An Apple spokesman confirmed the purchase but declined to say how much…
UAE Telco Etisalat fined for blocking rival Du’s promo texts
Etisalat is the bigger player in both of these segments and is…
Dubai retailer Al Futtaim says Egypt Metro Supermarkets deal talk fails
A deal was seen worth between $200 million and $300 million. MAF…
Egyptian Pound strengthens at Dollar sale
The central bank said it sold $38.8 million to banks at the…
Marsa Allam finalises EFSA procedures for raising capital to EGP 50m
The company requested raising its capital from EGP 20m to 50m with…
Egypt criticised for international trade agreements
The Egyptian state is still unable to hold corruptors accountable or return…
Northern submarine cables route comes online
Route starts from Abu Talaat in Alexandria to protect the cables that…
