Latest Business News
Unemployment decreases by 0.2% down to 12.5% in Q2/2016: CAPMAS
Unemployment rates witnessed a decrease of 0.2% in the second quarter (Q2)…
Oversupply of wheat comes at a time when Egypt needs it most
Reports show one of the highest yields in global wheat production driving…
Electricity Ministry puts impossible conditions, obstacles on solar energy companies
Foreign banks should finance 85% of the projects, while 15% comes from…
Egypt’s Red Sea gem: Sharm El-Sheikh grappling with tourism decline
While domestic and Arab tourism attempts to fill the void left behind…
Metropolitan Egypt negotiates with Egyptian Gulf Bank, Banque Misr to provide financing for Enmaa projects
Enmaa needs financing worth EGP10m in the form of letters of guarantee…
Abraj Misr launches new phase of The Shore project in North Coast
The new phase, View 46, is located on 60,000 sqm and includes…
New Avenue, Premier sign protocol for 2-year real estate partnership
The protocol aims for coordination between the two companies in managing real…
Upscale supports 4 winning teams in Techne Summit 2016
Upscale launches its project in Egypt with EGP 4bn in investments at…
Silicon21 considers expansion in African markets
Silicon21’s value expected to reach EGP 500m by end of 2016, says…
Uber increases investment in Egypt, MENA
Uber Egypt reaches a record 30,000 drivers, commits to EGP 500m investment given…