Latest Business News
New law is a good step, but investment problems in Egypt are not about laws: experts
The Supreme Council for Investment, headed by President Abdel Fattah Al-Sisi, held…
Pound flotation raises mobile, computer prices and slows down sales
The Central Bank of Egypt (CBE) announced their decision to float the…
New Investment Law: investors have doubts, experts want more for attracting foreign investments
For a long time now, since the 25 January Revolution in 2011,…
Pound flotation attracts foreign investors to EGX
Heads of financial institutions contend that these funds are high-risk
The first tender-less Tuesday in almost 4 years
Since December 2012, the CBE has posed 517 regular tenders and 9…
US dollar at customs repriced daily according to average bank rates on day before: ECA
The official price at customs on Tuesday registered EGP 17.26, hitting EGP…
France braces for power cuts in winter
The temporary disconnection of several nuclear power plants for regular checks in…
Iran, France’s Total sign major gas deal
Iran has signed a memorandum of understanding with French energy giant Total…
Egyptian Automotive Dealers Association halts imports for November
The Egyptian Automotive Dealers Association held a meeting for leading car importers…
Automotive sector at risk of drowning following pound’s flotation: EAMA
The future of Egypt’s automotive industry is now at the mercy of…