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

Eastern Company among Forbes’ 100 strongest Middle East companies in 2020

Lower costs, higher selling prices, and improved sales mix supported company's business…

Alyaa Stohy

Public Enterprise Ministry starts third phase of digital transformation

Dell EMC will be the main partner providing technology for the Vodafone…

Alyaa Stohy

MSMEDA finances over 1.2m projects with EGP 27.1bn during Al-Sisi’s presidency

Agency partners with Ministry of Petroleum and Mineral Resources on project converting…

Hossam Mounir

3.2% expansion projected for Egypt’s 2020/21 GDP: FocusEconomics

State’s total investment to grow 5.3% in FY 2020/21, 9.7% in FY…

Nehal Samir

Misr Cement cuts debts by 20% in Q1 of 2020

Local market suffers from annual 30 million tonne production surplus of cement 

Shaimaa Al-Aees

Digital transformation, legislative reform to reshape post-COVID-19 investment: economists

Current period is opportunity to create better investment climate as all global…

Alyaa Stohy

Egypt, AFESD sign $249m grant agreement for Bahr El-Baqar drainage system

Parliament ratifies €2.9m South Korean grant to develop EPO’s automated intellectual property system

Daily News Egypt

UN calls for immediate action against impending global food emergency

Organisation raised alarm in April on potential explosion in those at severe…

Daily News Egypt

Moody’s expects prolonged depression in oil prices

Brent to average $35/bbl in 2020 and $45/bbl in 2021, Moody’s projects

Shaimaa Al-Aees

Planning Ministry’s Rowad 2030 project produces 7,000 medical face shields

Ghada Khalil, Director of the Rowad 2030 project, noted that about 5,000…

Daily News Egypt