Latest Business News
54% of Egyptian households already found housing unaffordable before the recent economic reforms: 10Tooba
Speculative buying of real estate market estimated at 25% to 30% of…
Government to establish holding company to recycle solid waste with EGP 7bn capital
The new entity replaces the General Authority for Cleanliness and Beautification, assets…
Government to decide on electricity price increase by end of June
Shaker is scheduled to hold a press conference to announce the increase…
45.7% y-o-y increase in Alex Cont’s net profit during 11 months of FY2017
The average revenue per container increased by 3.1% on a monthly basis,…
Nigeria removes ban on Egypt’s furniture
Egypt’s furniture exports amounted to $107m in the first 4 months of…
GE signs $575m agreement to develop railway infrastructure in Egypt
The company will supply 100 locomotives and 15-year parts agreement to support…
Planning and Budget Committee to submit FY 2017-18 budget report to parliament’s secretariat
The government will increase education allocations by EGP 20bn and higher education…
Ashraf Salman launches AUR Capital to invest EGP 22bn in 5 years
The new company will hunt for opportunities only in the Egyptian market
CBE to remove dollar deposit limits over upcoming months: IMF
The fund’s board votes on the Egyptian economy’s first review within weeks
