Latest Business News
Automotive market to finalise specifications for cars
First ten specifications will soon be implemented on imported cars
Draft customs law to be completed in 2 weeks: Customs Authority Head
Law includes postponement of custom tax payment for one month in return…
January trade deficit down by 20.7% year-on-year
Imports stood at EGP 31.47bn during January, 21.2% less than the EGP…
Low Russian tourism flow weakens hotel Easter occupancy: El-Zayat
Occupancies in Alexandria, Sharm El-Sheikh and Hurghada hotels range between 50%-60%, falls…
Mergers, acquisitions register $9.5bn in Q1 2015
Investment banking fees marked $182m in Q1 of 2015, a Thomson Reuters…
Ministerial committee to work on Egyptian-African relations: Mehleb
Committee responsible for following up on bilateral relations between Egypt and African…
Local producers to supply 3.7m tonnes of wheat over coming 3 months
EGP 10bn allocated for paying local suppliers
Palm Hills, MNHD sign MoU establishing residential project
Project's revenues will range between EGP 4.6bn to EGP 5.5bn
World Bank provides $400m towards supporting 1.5 million Egyptian families
Families to receive support will be chosen carefully to ensure resources are…
Government working to resolve issue of hampered factories: Prime Minister Ibrahim Mehleb
Discussions are underway with The Savola Group to supply a new grocery…