Latest Business News
EGP 4bn in contractor dues to be repaid by government in coming weeks: Finance minister
Poverty rates have increased from 20% to 25%.
Second consecutive year of recession: World Bank
The World Bank has assessed Egypt’s economic growth in the second quarter…
Government pumps EGP 60m into spinning and weaving to tackle industry labour crises
Abdel Fatah calls on the Textile Industry Salvation Committee to take measures…
Troubled Egyptian- Turkish trade relations: FEDCOC
The economic ties between the two countries are under threat after the…
Syrian crisis casts shadow on Egyptian market
Stock market witnesses the biggest fall since the 14 August violence.
Euromoney Conference 24-25 September
The conference, which is the largest and most important financial event in…
Egyptian pound’s value rises
The value of the Egyptian pound recovers slightly after 2-week long depreciation.
Mahalla textile workers hold strikes
Weaving and Textile Company workers strike on Monday demanding their arrears and…
Finance Minister meets with various youth groups
These statements came during a press conference on Sunday night with a…
Greek ‘haircut’ could trigger ‘domino effect’
Merkel's comments to Focus news weekly come a month before elections in…