Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Tesla to build supercharger factory in China

With a planned investment of 42 million yuan (about $6.4m), Tesla plant…

Xinhua

NBE, AFD sign €100m credit facility agreement to finance climate conservation projects

Chairperson of the NBE, Hisham Okasha, said that the new agreement will…

Daily News Egypt

Egypt implements 20 agricultural projects worth EGP 4.3bn in FY 2019/20

Agricultural projects include 1st stage of farm-level irrigation modernisation project for an…

Daily News Egypt

Philip Morris Misr committed to delivering smoke-free future: Regional Director

Gkatzelis said, “Philip Morris Misr is a key strategic investor and a…

Daily News Egypt

Sarwa Capital announces closing of its EGP 2.5bn inaugural Sukuk issuance

The proceeds will be used for further expansion of Contact Credit and…

Daily News Egypt

Russia plans to develop its own space station

Solovyov raised concern about the longevity of the International Space Station (ISS)…

Xinhua

46,000 taxpayers benefit from late fees on taxes waiver: Finance Minister

A total of 29,597 financiers and taxpayers got 100% waiver of late…

Daily News Egypt

Banque Misr, Al Ahly Capital acquire 40% stake in IBAG for money transfer

Mohamed El Etreby, Chairperson of Banque Misr, said that this partnership is…

Hossam Mounir

Government aims to enhance social protection programmes through development funds

During the meeting, they discussed the projects that are being implemented in…

Daily News Egypt

Kenya’s top lender to purchase Rwanda, Tanzania Banks

Kenyan lender said that in Rwanda, upon completion of the acquisition, the…

Xinhua