Latest Business News
Local, foreign investors maintain confidence in Egypt potential: AmCham
Several companies announce plans to increase volume of investment.
Yahoo to shut down Cairo bureau by year end
Yahoo, which competes with Google and Facebook for internet users, said Cairo…
Ministry of Finance begins implementation of income tax amendments
The government relinquished these funds for the benefit of citizens, and it…
Low gas supplies cut into cement production
Titan Cement Company suggests coal as alternative energy source
Italy invests $20m in Egyptian irrigation system
The Italian- Egyptian cooperation programme is one of the biggest and most…
Economic stimulus plan includes EGP 16bn for investment
EGP 29.6bn package allocates 2.6bn for wages, 6bn for subsidies and 4bn…
Regional support braces Egypt while it works toward fiscal stability
Strong support from regional neighbours has helped buttress reserves, and GDP growth…
Oil hits 3-month low as market awaits delayed US data
It later stood at $99.95, down 86 cents compared with Friday's close.
Starbucks latest foreign target for Chinese media
The report on Sunday stated the price of a Beijing latte as…
Kuwait extends Egypt’s time frame to repay $2bn deposit to five years
This decision will help Central Bank of Egypt to take long term…