Business

Prime Minister Kamal al-Ganzouri has agreed to globally auction a contract to construct a second Port Said East container terminal…

Egypt's Orascom Construction Industries (OCI) has secured a $100 million loan from the World Bank's investment arm to help it…

Egyptian investors are in wait-and-see mode ahead of a crucial runoff vote in the country's presidential election, with many skeptical…

Egypt's foreign reserves rose by US$302 million in May, their second successive monthly increase, but the positive number may mask…

People's Assembly committees intensified their meetings Tuesday to discuss the new state budget announced by Finance Minister Momtaz al-Saeed. Abdel…

Ahmed Fadel, head of the Suez Canal Authority, said the canal brought in US$434.6 million in revenues in May. Around…

Finance Minister Momtaz al-Saeed announced Tuesday that he has ordered the Egyptian Tax Authority to implement legal changes to help…

Egypt's stock exchange slumped to a 19-week low on Tuesday as further protests ahead of this month's presidential run-off spurred…

Egyptian billionaire Naguib Sawiris will drop out of a buy-out consortium targeting investment bank EFG Hermes after EFG shareholders backed…

The government has devised a pilot plan that aims to double the GDP in 10 years and reduce the unemployment…