Tag: Business

TAQA power launches Egypt’s first privately owned power plant

E-Styrenics is building Egypt’s first polystyrene production line with $400 million investment…

Mohamed Salah Mohamed Salah

Nielsen: Egyptians concern over the economy rose by 31 per cent from Q2

The majority of Egyptians believe the economy is in recession but are…

Mohamed El-Bahrawi Mohamed El-Bahrawi

Seesawing foreign reserves since 25 January uprising

The international reserves are used to finance the country’s exportation

Mohamed Salah Mohamed Salah

Misr Al-Mostaqbal leading mutual fund market

An equity fund with a civic-minded twist outperforms the rest of the…

Daily News Egypt Daily News Egypt

Customs bottlenecked due to outdated scanning equipment

Minister of Finance Momtaz Al-Saeed, has ordered the formation of two committees,…

Hend El-Behary Hend El-Behary

Dana Gas defaults on $1 billion loan

Egypt’s political instability pushes the UAE natural gas producer to default; restructuring…

Daily News Egypt Daily News Egypt

African Development Bank: One billion opportunities for Africa

Africa will not reach the majority of the millennium development goals set…

Mohamed Salah Mohamed Salah

IMF team back in town

Technical delegation resumes negotiations over loan

Mohamed Salah Mohamed Salah

Cement prices jump EGP 50 per tonne

Price per tonne fell to less than EGP 460 during August, and…

Islam Serour Islam Serour

Vimplelcom plans to give up OTH African units

The Vimpelcom move is reportedly part of a strategy that targets more…

Islam Serour Islam Serour