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Economy

11:13
Swedish multinational provider of communications, Ericsson has been chosen by Mobinil to enhance the Egyptian telecommunication company’s network providing improved data services to its subscribers. Ericsson...
18:03
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The International Monetary Fund (IMF) estimates that Egypt's budget deficit will reach about 11 percent of GDP in 2014/15, as measures yielding about 2.5 percent of GDP have already been approved. "Policy...
15:35
UAE's Abraaj Investment Management said on Wednesday it would raise its price for Egyptian cake and biscuit maker Bisco Misr to 80.58 Egyptian pounds ($11.27) per share following a counter bid by Kellogg Co. Abraaj...
14:42
HSBC will refund customers across five countries in the Middle East and North Africa for charging them excessive foreign currency fees on debit and credit card transactions, the lender confirmed to Reuters on Wednesday...
14:10
Laborers work at a construction site on the outskirts of Cairo, 23 January 2011.
Egyptian Federation for Construction and Building Contractors CEO Hassan abdel Aziz has highlighted importance of the sector to achieve economic and social peace, as it has financial and technical capabilities. In his...

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Spanish police arrested Egyptian businessman Hussein Salem late last week on charges of money...

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Negotiations to implement a $40 billion scheme for one million new homes in...
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