Latest Business News
Communications Minister, Lenovo officials discuss investment opportunities in Egypt
The meeting dealt with a review of the most prominent investment interests…
28.7% decrease in Egypt’s trade deficit in July 2022: CAPMAS
Egypt’s exports increased by 2.2% as it reached $3.13bn during July 2022,…
Egypt’s government raises prices of natural gas for manufacturers by more than 100%
Four listed companies revealed the impact of the decision on them
SIDPEC decides to acquire Ethydco within a month
One of the investment options will be presented by Gulf sovereign funds:…
Egypt’s external debt declined to $155.708bn by end of June: CBE
$129.089bn of the remaining debt is long-term debt and $26.619bn is short-term
IMF downgrades Egypt’s economic growth forecast to 4.4% in current FY
The fund reduced its forecast for global growth to 2.7% instead of…
967 Egyptian companies benefit from lump-sum export subsidy dues payment initiative
Disbursing second batch of fifth phase of lump-sum payment initiative in December
Al-Mashat in Washington for 2022 Annual Meetings of IMF & World Bank Group
Egypt, WBG share development cooperation portfolio of 14 ongoing projects worth $6.8bn,…
Developing healthcare system in line with environment policies highly urged: Mohieldin
Over around 930 million people dedicate 10% of their household budgets to…
Bayer to invest EGP 240 m in OTC drug production hub in Egypt
Bayer Egypt plans to produce 60 to 70% of its OTC medicines…