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

Chinese State Grid adheres to contracts in Egypt despite COVID-19

The company has completed implementation of the Marsa Alam power transformer station,…

Mohamed Farag

Real estate developers more optimistic than brokers, consumers during COVID-19: Aqarmap

Developers to reduce marketing, construction costs during crisis by 50%-75%, says Aqarmap

Shaimaa Al-Aees

April inflation increased due to unfavourable base effects: CBE

Annual headline inflation increased due to higher annual food contribution which offset…

Daily News Egypt

NUCA Egypt bond wins top securitisation deal award

Authority has embarked on ambitious investment plan to develop several new cities…

Daily News Egypt

WBG grants Egypt $50m under new Fast Track COVID-19 Facility

Facility supports Egypt’s preparation efforts and healthcare system governance, says Minister Al-Mashat

Daily News Egypt

CBE takes measures to reduce economic impacts of COVID-19

We moved quickly to preserve economic gains since launch of national economic…

Hossam Mounir

EgyptERA approves Solaris request to supply solar energy to Arabian Cement

Approval includes company’s full commitment to regulations specified in annually-renewed licence

Mohamed Farag

Finance Ministry grants EgyptAir Holding Company EGP 2bn loan

EgyptAir and subsidiaries greatly impacted by halt in global air traffic, with…

Daily News Egypt

CWW to be held in October as planned, Irrigation Ministry 

Ministry has decreased administrative manpower by 20% due to ongoing COVID-19 pandemic

Daily News Egypt

Afreximbank anticipates raising over $1bn in syndicated loan despite COVID-19

Market’s confidence in bank, despite current uncertainty, was testament to strength of…

Shaimaa Al-Aees