Business

Property prices in the coastal city of Alexandria have risen considerably in recent months, especially in areas overlooking the Mediterranean…

Annual state sugar subsidies have been raised from LE2.2 billion last year to LE3.5 billion this year to reflect rising…

The Civil Aviation Ministry signed contracts Sunday with the Saudi Arabian Bin Laden Group to build a new terminal for…

A new real estate tax law currently being introduced will not impose a heavy burden on Egyptians, said Tarek Farag,…

According to recently-released official figures, Egypt's inflation rate fell to 11.8 percent in 2009 compared to 19.2 percent in 2008.…

The government has announced plans to import three million tons of wheat during the first half of 2010 at a…

Egypt’s local public debt has exceeded LE689 billion for the first time in the country’s history, a report by the…

Mobile phone company MobiNil has tasked independent financial consultancy Prime Capital with evaluating its share price in light of a…

Telecom Egypt (TE) now owns a full 100% of Internet provider TE Data after buying the last five percent of…

The Petroleum Ministry is currently studying ways of importing natural gas from Iraq, both in order to meet local demand…