Latest Business News
Egyptian airports showed 22.9% less traffic in 2016: EAC
Between 2007–2016, 2010 witnessed the highest traffic with around 40.2 million passengers
General Authority for Tourism Development to launch 80m sqm following issuance of Investment Law: CEO
The authority is planning to link the coasts of the Gulf of…
EU fleshes out conditions for Brexit deal
The European Union's chief Brexit negotiator, Michel Barnier, has warned of "serious…
Huawei Egypt to increase local market investments
Investment minister and Huawei’s CEO discussed the future plans of Huawei in…
TBEA, Orascom win tender for Walideya power plant
Contracts estimated at EGP 94.86m for TBEA, EGP 1.25m for Orascom
The government targets collecting foreign financing of $9bn next year
External liabilities on Egypt are expected to exceed $10bn during the next…
Chubb Life Insurance-Egypt aims to increase its business 3-fold by 2020
Egypt will represent a significant growth opportunity for Chubb Life in the…
Cabinet approves stamp tax on EGX transactions
Expected proceeds range between EGP 1bn and EGP 1.5bn in fiscal year…
Amazon to acquire UAE-based e-commerce platform souq.com
Souq currently controls around 78% of all e-commerce in the MENA region
