1,202 factories were opened in 2017 with investments of EGP 27bn
Industry sector saw issuing of Industrial Licenses Law, launching the industrial investment…
128% growth in properties listed on Propertyfinder website
The value of listed properties on the site exceeded EGP 193bn in…
Qalaa Holding logs EGP 311.7m losses in Q3 on high interest expenses
Company revenues up 38% on account of strong growth from energy subsidiaries
Custom dollar exchange rate fixed for January
Finance ministry said rate will be steady at 16 pounds
New partnership between Shell Egypt, Al-Mansour Automotive
Al-Mansour Automotive—official distributor of Chevrolet and Opel vehicles in Egypt—signed a partnership…
Property price hikes revive participatory construction initiatives
In the last two years, a number of initiatives have been launched…
SEA-ME-WE 3 marine cable to go back online on 9 January 2018
The South East Asia–Middle East–Western Europe 3 (SEA-ME-WE 3) cable system between…
NBE aims to increase size of SME portfolio to EGP 100bn within 3 years
The bank offered SME loans worth about EGP 37.5bn to 55,000 customers
Government seeks to use surplus electricity in construction, operation of desalination plants
Government negotiates with 5 companies, notably Schneider Electric, Siemens AG, for project…
New healthcare law to positively impact Eastern Company profitability: report
Pharos expects company's revenues to surge 13% in FY 2017/2018