Latest Business News
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…
Imports of Ramadan lanterns banned: Abdel Nour
Good step for protecting local industry, but merchants who already placed orders…
Hotel occupancy rates rose prior to Easter holiday: Tourism workers
Hotel occupancies rose in Alexandria by 60%, Ain Sokhna by 80%, Sharm…
45% decrease in non-tax revenues during 8 months
Total income tax revenues decreased to 28% during the period from July…
Emirates NBD Egypt net profit hikes 22% in 2014
Total assets increased by 20%, registering over EGP 24.3bn
2 agreements to increase the production capacity of MIDOR refinery lab
Production per year will increase to 245,000 tonnes of butane and about…
Annual inflation jumps to 11.8% in March
CAPMAS attributed the rise to increase in food commodities’ and beverage products’…
Electronic visa potentially to boost tourism, draw new visitors
The new system, expected to come into effect in eight months, will…
Hotels, companies concerned over increasing energy prices: Tourism workers
Finance Ministry decreases financial allocations for new and renewable energy from EGP…