Latest Business News
Oil prices rise on violence in Egypt
US benchmark West Texas Intermediate for September delivery rose 48 cents to…
Dispersal of Pro-Morsi Vigils deals a blow to the bourse
1.7% drop in Egypt's benchmark index amid dispersal of pro-Morsi protesters.
El-Beblawi tasks ministers to prepare economic roadmap
The government pledges to pay EGP 2.5bn due to contractors before December…
Economy to improve: NBE Chairman
The economy has the potential for growth in the coming months, says…
Eid Al-Fitr causes boom of internal tourism
The rates of internal tourism were “good” before and during the month…
Reshuffling of ministers’ officials: The political/apolitical debate
Political turmoil led to short-lived cabinets, uncompleted economic strategies and unqualified officials
Egyptian Resorts Company announces villa construction in Sahl Hasheesh
The seaside units are expected to be constructed by 2015
Telecom Egypt denies sale of Vodafone shares
Telecom Egypt chief executive officer Mohamed El-Nawawy comments on incorrect media reports