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

Half of Nagorno-Karabakh’s population reportedly displaced due to clashes

"According to our preliminary estimates, some 50% of Karabakh's population and 90%…

Daily News Egypt

International Cooperation Minister, World Bank Regional Director extend strategic partnership for economic recovery

The meeting took place prior to the start of the international organisation’s…

Daily News Egypt

Egypt keeps fuel prices on hold for 3 months

Fuel prices currently stand at EGP 6.25 per litre of octane 80…

Daily News Egypt

FRA directs insurers to set up reserve against EAS 47 application risks

The reserve shall be 1% of a company’s total assets and allocated…

Daily News Egypt

Abu Qir Fertilizers to start feasibility studies on $2.6bn methanol factory 

The second phase, which will cost an estimated $1bn, will add new…

Alyaa Stohy

Egypt Post deposits record EGP 95.7bn in FY 2019/20

The union aims to ensure the existence of a universal   network…

Daily News Egypt

Flat6Labs is model of cooperation providing youth employment : Al-Mashat

Flat6Labs achieves this mission by offering a wide range of services including…

Daily News Egypt

EBRD to grant $250m sovereign loan to Egypt’s APC

The loan will exclusively finance a package of energy and water efficiency…

Shaimaa Al-Aees

USAID adds $22.8m to 5-year assistance agreement with Egypt

USAID Acting Administrator John Barsa said, “We are pleased to announce that…

Nehal Samir

USAID grants over $100m for conservation of Egyptian archaeological sites

Agency has invested over $150m since 2011 to support thousands of entrepreneurs,…

Nehal Samir