Latest Business News
New factories inaugurated in Assiut; cabinet approves new projects
Deputy prime minister inaugurates two new factories for plastic and dairy products…
UAE assistance, budget savings to finance second stimulus package
Egypt signed a $2.8bn agreement with UAE in October to implement development…
Government depends on charter flights to increase tourism
The charter flights programme was launched last November with the goal of…
General Authority of Government Services auctions generate EGP 99m
December’s auction revenues registered EGP 23.4m
Five companies to import 30,000 tons of Turkish steel in January
Companies in Egypt have arranged for Turkish steel imports in order to…
Ministry of Interior launches e-payment service for licensing cars
The Ministry of Interior recently launched, in cooperation with Fawri for Bank…
Alcoa to pay US $384 mn for bribing Bahrain officials
Aluminum giant Alcoa will pay $384 million to settle charges it paid…
Egypt’s EFG approves $144 mn share buyback plan
Reuters - EFG Hermes, one of the largest investment banks in the Middle…
Private sector companies continue to excel
HSBC says activity rising at sharpest rate in survey history
