Latest Business News
Egypt’s primary budget surplus registers EGP1bn in July: MOF
NIR increased to $45 bn in August 2019 covering 8 months of…
Gas prices continue to decline due to oversupply in world markets
US cuts gas rigs to 144, as production reaches 2.39trn scf
Emaar, BPE Partners, and SODIC shows interest in managing HHD
The company has seen great interest from real estate developers, and the…
Vestas closest to win Gulf of Suez wind farm tender, Siemens likely excluded
Three companies were competing for the project, including Vestas, Siemens Gamesa, and…
President Al-Sisi receives high-level Korean business delegation
Al-Sisi showed strong commitment to promoting our cooperation, says ambassador
4 million tourists to Egypt, outcome of aviation incentive programme in 10 months
MOT succeeded in ending all entitlements of foreign companies for the previous…
ACUD signs MoU with Germany’s Dorsch to manage, operate water, sewage utilities in NAC project
The MoU expected to turn into contract within six months, says Deutche…
Prime Holding forecasts Egypt’s inflation to continue downward trend to 5.3%-5.5%in September
Research firm predicts further 50 bps rate cuts in the next MPC…
70.8 % of paid workers in Egypt are permanent workers in 2018 : CAPMAS
“Participation rate in economic activity (Labour force according to the population of…
Al Baraka Bank, ADIB, and EG Bank most negatively affected by New Banking Act: Prime Holding
Banking act may spur a wave of consolidation amongst smaller or undercapitalised…
