Latest Business News
Hotel occupancy on North Coast rises to 70%: Chamber of Hotels Official
One week before Ramadan, hotel occupancy on North Coast at 70%, rates…
Government negotiating with foreign partners to adjust price of gas from $3 to $4 per 1m BTUs
Decreased gas production is result of slowdown in partners’ development and exploration…
Al-Sisi refuses to approve current draft for state budget, citing debt
President says that assistance from Gulf States was the reason Egypt survived…
Journalist sentenced to 5 years in prison for inciting sectarianism
Bishoy Armia charged with “reporting misinformation” and “depicting sectarian oppression”
Government agencies owe petroleum ministry total of EGP 160bn: Ministry official
By Mohamed Adel Government agencies currently owe the Ministry of Petroleum a…
Arab Union for Industrial Exports Development targets 20% growth: Secretary general
The company aims to raise exports of member states in light of…
COMESA considers establishing waste recycling factory with €40m in investments: Company chairman
COMESA considers building the waste recycling factory through a coalition with Egyptian…
ABB targets sales increase to EGP 2bn by year’s end
Swiss electrical hopes to raise sales in Egyptian market by 10% to…
Government allocates EGP 75.3m to ‘modernise industry’ in FY 2014/2015 budget
IMC aims to provide 2,825 services to about 995 companies for the…
Nestle inaugurates first local confectionery plant
Company assures commitment to Egypt, introduces new product