Latest Business News
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…
Housing projects frozen in anticipation of incoming government
Housing Ministry decided to freeze projects amidst a state of anticipation that…
Ganzouri Economic Plan outlines long term economic recovery
The plan aims to achieve social justice, to raise the living standards…
Asil Nadir returns to face trial
Asil Nadir, formerly one of Britain's most notorious fugitives, returns to face…