Business

The call center industry was one of the trademarks of Egypt's development strategy throughout the 2000s. Experts pointed to it…

France Telecom will pay Egyptian partner Orascom Telecom Media and Technology (OTMT) 110 million euros (US$142.30 million) for taking over…

The government will not raise taxes but will instead rely on foreign investment to remedy the country’s cash flow problem,…

Egypt’s regulator has no objections to EFG Hermes’ plan to create a jointly owned investment bank with QInvest of Qatar,…

  Egypt's government plans to cut energy subsidies by setting a universal limit on how much cheap fuel and cooking…

Hassan Kazemi, Iran’s assistant foreign minister for economic affairs, said that his country is open to a free trade zone…

  Prime Minister Hashem Qandil announced last month his government’s intention to issue one or two rounds of sukuk, a…

In the upscale neighborhood of Abbas al-Akkad in Nasr City, Amr Hegazy owns a five-story building surrounded by prominent restaurants. Passing…

Officials are making a concerted effort to assure foreign and domestic investors that the climate for business is safe and…

The government needs to do more to further encourage foreign investment and face its own growing budget deficit soon, or…