Tag: Business

Government approval to hold plants accountable for gas consumption is useless: Suez Steel Chairman

I reject importing gas because it is the government’s responsibility, and coal…

Mohamed Ayyad Mohamed Ayyad

Ambiguity surrounds CBE’s decision to raise dollar price by 10 piasters

Analysts await CBE’s next step, expecting an increase in commodity prices

Daily News Egypt Daily News Egypt

Defined goals set in revised budget: Dimian

Government revision on budget included lower targeted budget deficit, lower spending and…

Sara Aggour Sara Aggour

Dollar exchange rate expected to exceed EGP 7.8 this week

CBE sold $40m of periodic dollar bid, with average dollar exchange rate…

Misr Insurance pays EGP 127.5m in compensation for Taba Heights torrent damages

By Abdel Razek Al-Shuwekhi and Mohamed Azab Misr Insurance Company has paid…

New state budget targets total deficit of EGP 251bn: Finance ministry

Total debt interest for local and foreign loans in state budget draft…

Shaimaa Al-Aees Shaimaa Al-Aees

Domestic tourism programme to visit Taba, Nuweiba stops in Ramadan: Sulaiman

Primary approval given to extend programme until end of September, which raises…

Nafham targets 1 million users by 2016

“We plan to present vocational training videos to qualify youth for the…

Daily News Egypt Daily News Egypt

Fawry financial transactions increase by 50% in Q1 of 2015

The company started working through a paid capital worth EGP 77m, of…

Daily News Egypt Daily News Egypt

4.9% increase in YTD automotive market: AMIC

Chevrolet, Hyundai and Toyota remain the market leaders in May 2015

Sara Aggour Sara Aggour