Latest Business News
EU oil embargo on Iran comes into effect
Oil market observer bodies and analysts say the embargo, coupled with US…
FJP proposes three methods to restructure public enterprise
The plan is said to have solutions for a number of problems,…
Government auctions 15,000 acres of reclaimed agricultural land
By Amr Abdel Hamid The General Authority for Reconstruction Projects and Agricultural…
Absence of large financing deals in the first half of 2012
By Nasser Youssef The first half of the second year of the…
EU summit yields a tentatively hopeful outcome
EU leaders have concluded the two-day summit with three decisions that might…
SCAF approves economic development plan for new fiscal year
The plan seeks to raise the Gross National Product to EGP 1777.6…
Banque Misr receives sizeable capital injection
the government decided to provide an EGP 6.3 billion capital injection to…
Inflation slows in Egypt while deficit widens.
Egypt's inflation slowed in April, despite overall food prices remaining high and…
Mohamed Gouda discusses ‘Nahda’ project
Dr. Mohamed Gouda, a member of the Freedom and Justice Party's (FJP)…
Car companies suffer from political uncertainty
Political events have contributed to the downturn in the Egyptian car market…