Latest Business News
Egypt, IMF in final stages of verifying economic programme
Loan delayed by inconsistent implementation of subsidy cuts and tax hikes
Bank tax law amended following criticism
The law, which taxes funds set aside by banks to cover potential…
World Bank sees less global growth, more stability
The MENA economies, projected to grow 2.5 percent, are still feeling the…
Facebook adds Twitter-style hashtags for topics
"Similar to other services like Instagram, Twitter, Tumblr, or Pinterest, hashtags on…
Yahoo buys smartphone photo app maker GhostBird
Yahoo did not disclose how much it paid for GhostBird Software, the…
Antiquities ministry forms National Committee on heritage sites
The committee plans on meeting monthly to improve conditions of existing World…
Foreign direct investment dries up
Investors report that it can take several weeks for legitimate transfers to…
Hilton continues to grow in Egypt
The hotel group strikes a deal with Al-Faisal to operate Hilton Alexandria…
Government calls for energy efficient air conditioners
The ministry gave providers a one-year grace period to supply household energy…
Antiquities Ministry awaiting green light to renovate Cairo antiquities
The ministry explained that the project would be focused on Islamic and…