Latest Business News
95 octane sales plummet after subsidy lifted
Many consumers are avoiding purchasing the higher performance fuel altogether
Citi Research: 2012 a lost year for Egypt
Dwindling foreign reserves was considered a constraint for the new government
Firm conditions attached to Turkey’s loan to Egypt
The Egyptian government is required to present expenditure reports to the Turkish…
Economic growth rate rises by 2.3 percentage points in Q1
The poor rate of total investments slowed down economic growth
Expected tourist arrivals shrink by 1 million in 2012
Continued lack of security threatenes to put an end to the movement…
Six companies win the EGPC’s latest exploration bid round
97 exploratory wells in this bid round
EGAS requests $500m to aid delivery of natural gas
A new bid round is to be issued to private sector companies…