Latest Business News
High cost of importing, global price hikes are reason behind sugar shortage: ECA
The Egyptian Competition Authority conducted a market study to examine the reasons…
Floating the Egyptian pound puts Egypt on the right track: Investment Minister
Khorshid said the decisions taken by the Supreme Investment Council early this…
German engineering benefiting from Asia’s growth
German firms are closely tied to Asia and are making good money…
General Division of Computer and Software expects prices to fall by 15% in coming weeks
The head of the FEDCOC said that prices will continue to fall…
Impact of the Egyptian pound’s flotation will be measured in the coming days: experts
The CBE announced on Thursday that it would float the Egyptian pound,…
Flotation of the Egyptian pound is the first step in the right direction: El-Zorba
Galal El-Zorba, the former head of the Federation of Egyptian Industries, said…
CIB negotiates with 8 banks to fund Orascom Hotels loan rescheduling worth EGP 2bn
The company looks to reschedule both short- and mid-term loans
Allocations for petroleum product subsidies expected to increase after floating the Egyptian pound
Allocations for petroleum product subsidies expected to exceed previous amount of EGP…
CBE will not hold exceptional tender Thursday: Genena
The CBE's governor said foreign exchange reserves will not be used, described…
MPs expect debt repayment allocations to soar to EGP 400bn by fiscal year’s end
Flotation of the Egyptian pound is a bitter medicine, says MP Khalil
