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

IFC invests $10m in Egypt’s Globaltronics to enhance energy efficiency

Project is part of World Bank Group’s strategy to help Egypt optimise…

Shaimaa Al-Aees

Planning Ministry targets EGP 34.5bn agriculture, irrigation investments in FY 2020/21

The ministry has indicated that the agriculture sector’s most significant targets for…

Daily News Egypt

Parliament approves $160,000 TFSCB grant agreement

CAPMAS aims to develop worker capabilities to produce data according to international…

Daily News Egypt

SODIC postpones launch of EGP 2bn real estate projects

Company has EGP 7.7bn liquidity sources, of which EGP 2.7bn is in…

Alyaa Stohy

MSMEDA provides EGP 2.3bn financing for infrastructure, community development under Al-Sisi

Projects provide nearly 30m job opportunities for daily workers nationwide, says Nevine…

Hossam Mounir

Jaz Hotel Group to add 4 Red Sea resorts to portfolio by end-November

Acquisition of hotels will increase group’s management portfolio to 52 across Egypt,…

Nehal Samir

Parliament to discuss 12 new petroleum agreements worth $1bn: El Molla

Making Cairo EMGF’s headquarters is a strong start for increasing international petroleum…

Daily News Egypt

COVID-19 socio-economic impacts need consideration besides health issues: WHO

Not all countries able to report data systematically, says WHO Regional Director

Daily News Egypt

MCDR opens door to chairmanship election candidacy

MCDR’s new chairperson will be elected for one-year term to complement the…

Alyaa Stohy

73.5% of Egyptian families see declining income due to COVID-19: CAPMAS

Half of families involved in CAPMAS study resort to borrowing to manage…

Hossam Mounir