Latest Business News
Internet market attracts 1.3m new customers in July
USB modem users decline, while usage of mobile internet rises
Consequences of rainfall caused by government’s ‘extreme negligence’, not developing infrastructure: expert
Like last year, rainfall across Egypt’s governorates has caused another crisis, killing…
275 ships transit Suez Canal in 6 days carrying 15.2m tonnes
Suez Canal traffic data showed that 275 ships transited the canal, with…
Infinity Solar Systems to establish renewable energy plants to produce 133 MW in second FIT phase
Infinity Solar Systems is preparing to establish four projects to produce energy…
Supply Ministry pumps sugar into consumer complexes, grocery stores to control market prices
Panic among citizens caused the crisis, which is mitigating: Supply Ministry
Egypt’s exchange rate crisis must be addressed: IMF managing director
Social protection is a cornerstone of the IMF programme, any cuts in…
Chamber of Food Industries protests police raids on food factories, confiscation of sugar
The chamber rejects the prime minister’s decision to set profit margins, says…
Arqaam Capital forecasts 16% increase for Elsewedy Electric’s gross profits by 2019
Elsewedy Electric’s net profits increased by 99.2% in the second quarter of…
Dollar crisis and low FDI are the major challenges facing Egypt’s economy: Garhy
Egypt loses EGP 36bn annually due to the smuggling of textiles