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

Egypt launches tender for environmental assessment of Saudi Arabia electricity Interconnection project

EETC to receive technical, financial offers from consulting firms until 1 October 

Mohamed Farag

EU Ambassadors to Egypt inaugurate water treatment plant in Mahalla

The inauguration took place in the presence of representatives from the Egyptian…

Shaimaa Al-Aees

Global tourism sees pandemic related losses of $460bn in H1 of 2020: UNWTO

Middle East witnesses 57% decline in tourist arrivals, while international tourism drops…

Nehal Samir

Egypt’s Prime Minister reviews proposed structural reform programme 

Madbouly stressed the importance of recent efforts made by various ministries in…

Daily News Egypt

Eni, BP announce new gas discovery in Egypt’s Nile Delta

The announcement added that the discovery has added significantly to the gas…

Daily News Egypt

CBE extends fees waiver on ATM cash withdrawals, bank transfers to year-end

CBE to bear EGP 50m of pension withdrawal expenses until 2020-end

Daily News Egypt

Media Avenue to launch roundtable on renewable energy 28 September

The roundtable will discuss the private sector's vision, in line with government…

Daily News Egypt

HHD eyes EGP 1.2bn in land sales during FY 2020/21

Company is studying new financing methods to bridge financing gap and reduce…

Alyaa Stohy

CIT Ministry, Alexandria University cooperate on applied research projects using technology

The projects are aimed at using the latest communication and information technologies…

Mohamed Alaa El-Din

NBE signs EGP 793.9m long-term financing contract for Nile Wood Company

The agreement was made as part of the Central Bank of Egypt’s…

Hossam Mounir