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 aims to increase British tourist movement after lifting travel ban on Sharm El-Sheikh

Government studies operating internal flights from Luxor to Sharm El Sheikh and…

Daily News Egypt

Al-Mashat, Moeit discuss public borrowing strategy

Borrowing should be in line with the government’s priorities, SDGs

Hagar Omran

Japan to tighten migration procedures after Ghosn’s escape

Ghosn revealed on Tuesday that he fled to Lebanon, where he spent…

Omnia Rizk

Transportation minister promises new investment opportunities, developing maritime ports in Egypt

Elwazir received Singapore’s ambassador in Egypt Dominic Goh to discuss cooperation in…

Bassant Mohammed

CBE offers $800m bill tender on Monday

The proceeds of the tender goes to repay a previous tender offered…

Hossam Mounir

Government sets regulations for electric car system before end of 2020

Current tariff at EGP 1.45 per kW/h, Infinity E offers it free

Mohamed Farag

FRA announces excluded candidates in MCDR election

The authority has also excluded Safwat Abdel Moneim for not meeting the…

Daily News Egypt

El Sewedy Electric’s subsidiary to develop EETC regional control centre for EGP 584m

The project’s contract was signed last Thursday, and Egypt Cable will start…

Fatma Salah

Ezz Steel records EGP 4.2bn losses in 9M 2019 as demand decreases

Company saw increase in rebar production by 1% to 2.55m tonnes until…

Fatma Salah

Positive outlook for EGX in 2020

Future profitability multiplier for the Egyptian market is set at 10.6x: Shuaa

Eman Mohamed