Latest Business News
NIB funds EGP 270m in public housing projects this year: Board Member
National Investment Bank looks to finance housing projects in framework of state…
EGP 30m allocated to construct Assiut axis road
The complete project expected to cost EGP 300m, Assiut Governor Ibrahim Hamad…
New confidence in real estate with increased stability: JLL
Strongest performance in the residential sector, with no major changes in office…
MOPCO 1 and 2 expansion to be completed by early 2015 through $1.9bn in investments
The MOPCO 2 project will increase the company’s productive capacity to over…
Talks on applying VAT ongoing: Finance ministry
Egyptian government struggles to increase its revenue through reforming tax system and…
Government prepares new economic stimulus package: Finance Ministry
The new package aims to revitalise and expand the activities of the…
EGPC tracking distribution of fuel through GPS to prevent smuggling
EGPC's inability to follow-up on the fuel distribution process made it face…
High occupancy in Red Sea and South Sinai pre-Eid Al-Fitr: Hotels Chamber
Occupancies in the Red Sea increased to 70% and South Sinai to…
Rise of interest rate to have limited effect on stock market: Experts
Economic experts give different reasons for the limited impact of the interest…