Latest Business News
Foreign reserves register $1.7bn year-on-year decrease in October
October’s figure marks the fourth consecutive increase in foreign currency since a…
Innovation complex to be established in Maadi Technology Zone
Signing of the agreement took place on Tuesday during Cairo ICT 2014…
IBM predicts 50% growth in cloud computing in Egypt by end of 2015
ITIDA and IBM launch 2nd phase of joint-initiative to help telecom SMEs…
Lenovo to lead Egyptian computer sales by end of 2015: CEO
Lenovo spends $3bn globally per year in research and development, says CEO…
10-15% growth targets in government sector: Al-Kharafi Group
Egypt consumes 75% of domestic production of the Arab Company for Computer…
30% growth target in 2015: Dell sales manager
2014 figures targeted 20% growth, but company reached only a “not acceptable”…
Orascom Construction to build $2.5bn-$3bn power plant in Egypt
The four-year project will be executed in cooperation with UAE-based IPIC
Transportation ministry to build 4 new ports for major projects: Ministerial advisor
Technical bids to build a link between Damietta river and sea ports…
Tourism ministry aims for 1 million British tourists by year’s end: Official
Efforts have been stepped up to attract 1 million tourists from Britain…