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

Alexandria, North Coast hotels anticipate 100% occupancy in July, August: ETAA

Many EU countries have expressed keenness to allow their citizens’ return to…

Nehal Samir

CBE allocates EGP 3bn from tourism initiative for salaries, maintenance works

Finance Ministry approves EGP 3bn in credit guarantees for banks to cover…

Hossam Mounir

AfDB approves €225m finance for Egypt’s Electricity, Green Growth Support Program

The programme aims to promote sustainable development and mitigate climate change impacts…

Daily News Egypt

Egypt allocates EGP 93.5bn to healthcare support in FY 2020/21: Planning Minister

COVID-19 related projects will see investments amounting to EGP 8.7m in FY…

Daily News Egypt

Individuals to submit tax returns electronically from January 2021: Finance Ministry

According to a ministry statement on Wednesday, the decision comes as part…

Daily News Egypt

Egypt extends PPE export ban for further 3 months

Decision allows export of PPE surplus after local market needs are met

Daily News Egypt

Facilities put in place for replacing unmetered power connections with metering system

New meters will ensure citizens are held accountable for usage according to…

Mohamed Farag

EETC, Chinese consortium contract on EGP 303m worth Madinaty 2 transformer substation

EETC Chairperson Sabah Mashaly said the contract covers the transformer’s construction, with…

Mohamed Farag

APICORP anticipates $792bn investments in MENA energy over 5 years

Egypt implements petrochemical projects worth $38bn in 2020-2024

Mohamed Farag

Electricity Ministry negotiates local bank loan to finance EGP 20bn grid support projects

No alternative to rising electricity prices, despite reduced consumption and collection during…

Mohamed Farag