Latest Business News
Irrigation Ministry, EBRD sign €148.3m agreement to finance Kitchener Drain development
Project includes collection, treatment of wastewater, solid waste management, rehabilitation of Kitchener…
State electricity companies exchange stagnant spare parts saving EGP 1bn annually
State-run electricity production companies began to exchange unused spare parts in their…
Samsung unveils new monitors for office workers
Company has not revealed price, but estimated unaffordable for small startups with…
Egypt’s economic growth to reach 5.7% in 2019: WB
WB expects global economic growth to slow to 2.9% in 2019
HC attributes $2bn decline in foreign reserves mainly to debt repayment
Egypt’s net international reserves declined to $42.551bn in December from $44.513bn in…
26 Egyptian companies participate in Heimtextil 2019 in Frankfurt
Exhibit includes more than 3,000 presenters from 135 countries
Inflation to average 12.8% in CY 2019, 10.5% in CY 2020: FocusEconomics
GDP to expand to 5.2% in FY 2019, overnight deposit rate to…
EETC intends to stop purchasing energy, allow private sector to directly sell production
Electricity ministry committed to current contracts, negotiations underway: sources
Western Desert produces 60% of Egypt’s crude oil: El-Molla
Minister called on foreign oil companies to intensify exploration efforts in region