Latest Business News
Rising US Dollars is a temporary crisis: Bankers
The black market exchange rate exceeds the official rate by as much…
Industrial woes plague Egypt
Industrial Federation forms a commission for the modernization of industry to examine…
Foreign reserves fall to $ 17.76bn
Net foreign reserves drop for the third month in a row to…
Ministry of Housing plans to establish 25 new cities, attracting EGP 100bn in investments
The ministry intends to extend the sanitation system to 131 villages, as…
Petroleum products subsidies system to be reformed through five-year plan: Minister of Petroleum
Petroleum products subsidies reached EGP 120bn in last year’s budget, EGP 57bn…
ERF discusses Egyptian labour
ERF holds a conference to announce the findings of the” Egyptian Labour…
Private sector performance improving: HSBC
Output of private non-oil companies increased significantly in November.
WTO’s Bali package is ‘more balanced’: Abdel Nour
Trade agreement resulting from WTO’s ninth ministerial meeting, includes documents on trade…
Barclays Egypt Q3 profits reach EGP 325m
Bank’s net profit rises to EGP 93m in Q3 2013 compared to…
Egypt’s debt in Focus
Egypt has diversified debt instruments, but still has the same creditors Interest…