Latest Business News
Progate to complete development of Mena Garden at cost of EGP 45m at end of October
Plans to start developing Mena House Hotel palace during the first quarter…
Tourism Ministry turns to German TUI group to stimulate hotels to obtain green star
We seek to grant eco-green hotels booking priorities, says energy advisor
Egypt ranks top 5 in global FDI inflows in past 7 months: Financial Times
FDI to Egypt increased substantially, signaling that government policies to increase foreign…
House of Representatives summons government to clarify ‘confused’ economic policy
We expect a significant decline in all economic indicators during the first…
Deficit in trade balance down by 13.1% in July: CAPMAS
The deficit in the trade balance dropped by 13.1% in July to…
EETC to sign energy purchase agreement with 8 companies in the first phase of FIT within 10 days
The list includes Scatec Solar, Wadi Degla, Infinite Solar, FAS Energy, Irena,…
Shell in talks with government to increase natural gas supply
Shell is currently in talks with the government in order to increase…
Egypt hesitates in cutting fuel subsidies
The government pledged to the IMF to raise fuel prices and apply…
Only 503,000 tourists visited Egypt in August 2016: CAPMAS
The number of tourist arrivals from all countries reached 503,000 during August…
NAT contracts with Vinci to implement civil works for 3rd phase of Al-Thawra line
The National Authority for Tunnels (NAT) assigned the civil works for the…
