Latest Business News
Core inflation rate jumps to 4.64 per cent
The core CPI comprises 55 items divided into 4 categories: food, retail,…
New initiative to cultivate 200 thousand feddans in Sinai
New company hopes to encourage local and foreign investment as a means…
Political unrest expected to weigh heavier on the market
Many analysts said the current political conflict might not impact Egypt's improving…
Government imposes fees on imported steel
Imported steel is much cheaper and the same quality of the Egyptian…
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