Latest Business News
Egypt forecasts gas shortage next fiscal year
Gas production is still estimated to exceed consumption at 5.31 bcf/day versus…
Egypt’s quick-fix minimum wage hike fails to calm workers
Sceptical Egyptians say it’s too little, too late
Youth employment policy reform a prerequisite for inclusive growth: Brookings
The study revealed that if the gap between the wages offered by…
Budget deficit records EGP 89.4bn in first half of 2013/2014
Total value of revenues reaches EGP 175.4bn and total expenditure registers EGP…
Iran welcomes French business chiefs after sanctions eased
Among companies represented were Safran, Airbus , Total, GDF-Suez, Renault, Alcatel, Alstom,…
Egypt shares slips from 4-Yr high; UAE mixed in downbeat Gulf trend
Reuters- Egypt’s benchmark index slipped 0.4%, easing off Sunday’s four-year high, as…
Corruption ‘costs EU 120 bn euros a year’
The report does not rank the countries as to the seriousness of…
Lufthansa calls on EU to block Etihad-Alitalia tie-up
Lufthansa added that Europe’s policy makers should stop burdening the region’s own…
Currency black market shows limits of Egypt’s recovery
Dollars are eagerly sought on Cairo’s black market and currency traders at…
No increases in cigarettes selling prices: Head of Egyptian Tax Authority
Minister of Finance had earlier announced new selling prices