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Latest Business News

$The general index, which consolidates the three previous indicators, reached 87.4 points in January, up 4.9% from December, indicating public optimism in the economy (File Photo)(AFP\Photo)$

confidence

Government Report: Consumer confidence up 4.9%

The highly educated are the most optimistic, the IDSC report said

Mohamed Salah

February 24, 2013

$a major wheat shipment of 400,000 tonnes from the US, France and Romania last January, enough to cover wheat inventories until June 2013 (AFP\Photo)$

Bread

Wheat inventories sufficient for 10 months

Government officials announced that Egypt’s current overall wheat inventories will cover the…

Daily News Egypt

February 25, 2013

$Shahinaz Ahmed, Executive President of Education for Egyptian Employment, announced that his organisation and Souq.com had recently run a special training program for 120 students on internet-based commerce (Photo\DNE)$

education

Souq.com establishes Egypt’s first internet-based youth commerce training academy

The project is conducted in concert with Education for Egyptian Employment

Daily News Egypt

April 23, 2013

deficit

Rebel Economy wrap

EGYPT’S BUDGET DEFICIT: WHY NO ONE WANTS CUTS By Farah Halime, Rebel Economy…

Daily News Egypt

February 24, 2013

Amer Group

EFG Hermes: Egypt’s economy will grow 3.5% in 2013

The acceptance of Egypt’s pending IMF loan will have a positive effect…

Daily News Egypt

February 24, 2013

$Minister of Energy and Electricity Ahmed Imam, stated that beginning on Monday he would be holding a meeting with the EEHC and representatives from companies who had previously qualified to take part in bids. (DNE\Photo)$

ACWA Power

Electricity and energy ministry to hold bid for BOO power station in Dairut

Minister of electricity and energy: Dairut factory will be the first of…

Daily News Egypt

February 24, 2013

Sukuk is expected to finance needed investments, says official

FDI

FDI at ‘near-zero’, says minister

Sukuk is expected to finance needed investments, says official

Mohamed Salah

February 23, 2013

Economy

Regus ‘optimistic’ on Egyptian exports

The most profitable areas for export are emerging markets and Europe

Daily News Egypt

February 23, 2013

$Egypt has suffered from diesel shortages over the last two years, and the government has recently announced fuel prices hike for some industrial factories. (AFP\Photo)$