Business

Investment Minister Mahmoud Mohieddin said on Thursday that he is against subsidizing energy."The rich consume more energy, and they should…

Egypt's main index, EGX30, rose by 1 percent after intensive buying by local and Arab investors, while foreigners largely sold…

A dispute is raging between government officials over how best to implement the planned second stage of energy price increases…

Egypt's Minister of Investment Mahmoud Mohie Eddin announced the cabinet's approval of a new bill on real estate finance to…

The industrial energy pricing committee is scheduled to meet Tuesday to decide whether or not a second phase of energy…

New statistics issued by the Investment Ministry reveal a substantial decline in foreign investment in Egypt for the first three…

Rome--Thousands of Italians marched in Rome on Saturday to protest against the government's austerity measures that include cutting funding to…

The Finance Ministry has announced a plan to pay for approximately LE8.7 billion increases in public expenditure starting July.Taxes on…

El Montazah Company for Tourism and Investment has announced plans to build LE1.2 billion tourist projects in Alexandria and the…

Transportation Minister Alaa Fahmy ordered bonuses and 200-percent salary increases for railway workers, accounting for a total of LE83 million…