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

Suez Canal revenues record $27.2bn in five years

Since start of pandemic, Suez Canal’s revenues have reached $3.3bn

Daily News Egypt

Subscription to Suez Canal Bank’s investment fund reaches EGP 338.7m

The oversubscribed offering raised about EGP 338.7m, representing 136% of the targeted…

Hossam Mounir

Egyptian government explores employment opportunities for repatriated expats 

Minister of Trade and Industry Nevine Gamea, and governors of the Red…

Daily News Egypt

Egypt’s net international reserves grow $113m in July to $38.315bn: CBE

Egypt’s international reserves consist of foreign currencies, gold, special drawing rights (SDR),…

Daily News Egypt

Egypt cancels tender to establish 200 MW solar power plant in west Nile

Informed sources told Daily News Egypt that the EETC has already informed…

Mohamed Farag

Alex Co Pharma to launch 2 face mask production lines, offers ethyl alcohol

Company aims to launch four new products during FY 2020/21

Alyaa Stohy

EIB, Afreximbank provide €300m in support to Africa’s COVID-19 response

Over 25% of funds dedicated to women in business and climate action

Shaimaa Al-Aees

MNHD reports 83% presales increase in H1 of 2020

Company’s consolidated revenues record EGP 1.3bn in June 2020

Alyaa Stohy

EBRD provides $12m for Hyatt Regency hotel development in West Cairo

The EBRD said that the project aims to support sustainable developments in…

Shaimaa Al-Aees

Al-Sisi directs for expanded agricultural and livestock projects

Bahr Albaqar sewage treatment plant is projected to treat 5m cubic metres…

Daily News Egypt