Latest Business News
New initiative to cultivate 200 thousand feddans in Sinai
New company hopes to encourage local and foreign investment as a means…
Political unrest expected to weigh heavier on the market
Many analysts said the current political conflict might not impact Egypt's improving…
Government imposes fees on imported steel
Imported steel is much cheaper and the same quality of the Egyptian…
95 octane sales plummet after subsidy lifted
Many consumers are avoiding purchasing the higher performance fuel altogether
Citi Research: 2012 a lost year for Egypt
Dwindling foreign reserves was considered a constraint for the new government
Firm conditions attached to Turkey’s loan to Egypt
The Egyptian government is required to present expenditure reports to the Turkish…
Economic growth rate rises by 2.3 percentage points in Q1
The poor rate of total investments slowed down economic growth