Latest Business News
Ministry of Housing invests in solar power to counterbalance electricity shortages
The government “will not be able to prevent electrical power cuts,” but…
Presidential elections will bring stability to economy: Minister of Industry
Investors do not see presidential favourite Abdel Fattah Al-Sisi as a model…
Egypt’s Pioneers Holding plans capital increase to help finance Rooya acquisition
Reuters - Pioneers Holding plans to use a capital increase to help…
Citizens’ monthly purchasing power to reach EGP500m: Supply Minister
All products will be offered at a 25% discount
Minister of Agriculture allocates land for development projects
Ayman Abu Hadid says projects will be set up in six different…
AFDB approves $50m CIB risk participation agreement
Agreement aids in addressing critical market demand for trade finance in Africa,…
Paying for giant Nile Dam itself, Ethiopia thwarts Egypt but takes risks
Reuters Insight by Aaron Maasho Ethiopia's bold decision to pay for a huge…
Revenues from price hike in natural gas will finance its delivery to homes: Cabinet
Government says the new decision took into account needs of low-income citizens
US to deliver Apache helicopters to Egypt, relaxing hold on aid
The decision will help Egypt's counter-terrorism operations in the Sinai Peninsula, the…
Egypt to pay some $1bn owed oil firms within two months: Minister
Reuters - Egypt will pay about $1bn of the money it owes to foreign…