Latest Business News
NBE and Telecom Egypt sign agreement for fiber-optics upgrade
The telecommunication company will be responsible for providing infrastructure for entiree network…
Central Bank of Egypt cuts key interest rates
Reuters - Egypt's central bank cut its key interest rates by 50 basis points…
Egyptian Pound steady on official market
Reuters - The Egyptian pound was steady at official rates on Thursday,…
Egypt agrees on timetable to pay $3bn to oil firms
Reuters - Egypt has agreed on a timetable to pay $3 billion of the…
Egypt to offer unified Telecoms licence in coming weeks
Reuters) - Egypt's telecoms regulator said on Thursday it would issue a licence…
Egypt to pay $1.5bn arrears to foreign oil firms
Government says it owes $6 billion to foreign oil firms Egypt needs…
Prime Minister inaugurates Egyptian-Gulf Investment Forum
El-Beblawi said that economic progress cannot be achieved unless security, political stability…
Sawiris to invest $1bn in Egypt
Construction sector tycoon says his main investments will target construction, real estate,…
Central Bank chief: Currency black market won’t last long
The central bank introduced dollar sales last December to help counter a…