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

NREA, BELECTRIC to sign solar plant deal in Egypt within weeks

NREA is preparing to launch two solar tenders in Kom Ombo, Hurghada,…

Mohamed Farag

Egypt seeks Chinese support in WTO election

We look to enhance cooperation on SMEs, given they represent large segment…

Shaimaa Al-Aees

Investment banks rule out new EGX offerings until 2020 end

It is difficult to offer Banque du Caire on stock market this…

Alyaa Stohy

Al-Futtaim and valU launch “Super Hat-Trick” payment plan

sports enhanced collaboration comes after the successful partnership of valU with IKEA…

Daily News Egypt

Afreximbank approves $400m agreement to spur African agricultural productivity

Three-year revolving global credit facility will strengthen African agricultural networks, bolster continent’s…

Shaimaa Al-Aees

Egypt Parliament approves $743.3m international housing, sanitation agreements

Deals aim to primarily improve lives of low-income Egyptians so they can…

Nehal Samir

Most Egypt tourism stakeholders welcome PCR requirement for arrivals

Some problems face conducting PCR test, including logistical complications, says EHA official

Nehal Samir

Egypt pharmaceutical sales steadily increase 4.9% in July to EGP 6.648bn

For the first seven months (7M) of 2020, total sales grew marginally…

Alyaa Stohy

HCCD to finalise HHD development plan next week

Actual start of development plan is expected in September: sources

Alyaa Stohy

Orascom Construction reports $5.4bn backlog, $34.8m net income in H1 2020

Group demonstrates resilience in Q2 of 2020, despite challenges of coronavirus, says…

Alyaa Stohy