Business

Egypt’s regulator has no objections to EFG Hermes’ plan to create a jointly owned investment bank with QInvest of Qatar,…

  Egypt's government plans to cut energy subsidies by setting a universal limit on how much cheap fuel and cooking…

Hassan Kazemi, Iran’s assistant foreign minister for economic affairs, said that his country is open to a free trade zone…

  Prime Minister Hashem Qandil announced last month his government’s intention to issue one or two rounds of sukuk, a…

In the upscale neighborhood of Abbas al-Akkad in Nasr City, Amr Hegazy owns a five-story building surrounded by prominent restaurants. Passing…

Officials are making a concerted effort to assure foreign and domestic investors that the climate for business is safe and…

The government needs to do more to further encourage foreign investment and face its own growing budget deficit soon, or…

Several local and regional banks are preparing to give the Egyptian government a US$330 million loan, in the second portion…

The Egyptian Stock Exchange index rebounded strongly on Wednesday after two sessions of declines as positive sentiment generated by government…

Bread subsidies have cost LE16 billion during the current fiscal year 2012/13, the presidency said in a report Wednesday. A…