Latest Business News
The Economist article is void of objective analysis of Egypt’s economy: Foreign Affairs spokesperson
It is obvious that The Economist has chosen to take sides with…
Rise in electricity prices not related to IMF loan: Shaker
Electricity budget is marked at EGP 52bn for the fiscal year 2016/2017,…
Average collection rate of July electricity bills hit 90% before increase
Shaker is announcing the new tariff at a press conference in the…
Ball Corporation considers investing $60m into Egypt branch: Trade Minister
Ball Corporation's investment in Egypt reaches EGP 840m, says minister
NREA prepares tender for 20MW-capacity solar power plant in Hurghada
JICA has proposed to finance the project, which was presented to parliament…
Egypt pays $2.25bn of external debt in July: CBE
Foreign exchange reserves dropped $2bn in July, reaching lowest point since January…
France: Hotel stays drop due to attacks
The number of nights spent in French hotels by foreign tourists in…
New Avenue makes EGP 1.71bn deals for real estate investment in recent months
These transactions reflect the return of demand for real estate services, especially…
The transformation and decline of Deutsche Bank
Shares of Deutsche Bank and Credit Suisse have been dropped from the…