Latest Business News
Tourism awaiting recovery after a two-year decline
Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after…
Al-Sisi’s mega projects: a road to growth or to inflation?
Al-Sisi announced on Friday that the state is currently managing several national…
Gulf states provide Egypt with $6bn to support foreign reserves
Egypt's foreign exchange reserves have been bolstered with $6bn from Saudi Arabia,…
US dollar jumps to EGP 8.87 on official market, EGP 11 on informal market during Al-Sisi’s 2-year presidency
The official price of the US dollar increased from EGP 7.17 in…
Amazon adds billions to Indian investment
Amazon chief executive Jeff Bezos has pledged an additional $3 billion (2.6…
China’s imports could return to growth this year
China’s imports fell at their slowest pace in more than 18 months…
ITG targets recycling 500 tonnes of electronic waste by the end of this year
We expect to begin chemical separation of metals by 2017, Salem
Etqan Electronics worth EGP 7m in 2015
The company began a pilot project with the Ministry of Military Production
New, renewable energy fields are attractive investment fields in Egypt: NREA chairperson
Cabinet is currently reconsidering the purchase of renewable energy equipment from the…
Business environment in Egypt not conducive to investment in new, renewable energy
Energy purchasing tariff is not appropriate, and small and medium projects should…