Business

The Saudi Anwal United Trading Company which owns nearly 85 percent of the Omar Effendi Company has sold its shares…

“There are some 1000 rural villages in Egypt inhabited by a total of 12 million people, half of whom live…

After years of government financial regulation, many Egyptian bankers finally see an opportunity to play a more effective role in…

Telecom Egypt has no plans to expand elsewhere in the region for now, its chief executive said on Thursday after…

Prominent Egyptian property developer the Arab Contractors Company plans to open two branches in Iraq--in Baghdad and Erbil--after a four-year…

The 23rd session of the Arab Transport Ministers Council wrapped up in Alexandria on Wednesday after participants failed to reach…

The government is seeking funding for the initial phase of the fourth underground metro line, according to a Ministry of…

Petroleum Minister Sameh Fahmy met with Electricity Minister Hassan Younis on Monday to inform the latter that his ministry had…

With 3.7 out of 10 points, Egypt came in at 98th place on this year's Corruption Perception Index, issued by…

Talks are currently underway between Egypt's Arab Contractors Construction Company and three Egyptian banks--Ahli, Misr and Bank du Caire--to discuss…