Latest Business News
BP invests $10bn in Egypt
British oil company’s north Alexandria project will start production in 2017
800% increase in capital of bourse’s traded companies: EGX Chairman
Increase in public offering registered EGP 5.5bn during first half of 2014
Government considering new cement licences to stimulate economy: Investment minister
Minister of Investment seeks to transfer ownership of Egyptian Financial Supervisory Authority…
Tourism buses to offer public transportation services in Greater Cairo within weeks
Ministry of Transportation says that Cairo governorate will be responsible for managing…
UAE to establish space agency and send the first Arab spaceship to Mars by 2021
The probe will take nine months to make the more than 60m…
Egypt closes deal with Gilead Sciences for Hepatitis C drug at 99% discount
Around 170,000 doses of Hepatitis C medicine will be available for Egyptian…
Abraaj Group to make EGP700m bid to acquire Amoun Pharmaceuticals
The company also announced Sunday its intention to acquire 100% of shares…
Ministers of Agriculture, Industry to discuss needs of spinning, weaving companies
Government moves to save the textile industry in view of governmental failure…
HOG Energi regassification boat to arrive in Ain Sukhna Port in December
The arrival of a regassification boat owned by Norway’s HOG Energi has…
EgyptAir to launch flights to Indian capital of New Delhi: Tourism minister
Direct route with 3 flights a week from Cairo to New Delhi…