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

Silicon Waha science and technology parks begin operation

Initiative expected to double local production and transform Egypt into strategic centre…

Mohamed Alaa El-Din

Dumping fees on Egypt’s iron, billets imports extended to October

European Steel Union calls for anti-dumping duties to be imposed on Turkish…

Nevine Kamel

Egypt’s automotive market faces new wave of cuts

Car prices slashed across the sector as automotive sector feels the pinch…

Mohamed Al-Roubi

Used car consumers remain cautious due to ongoing economic uncertainties

Used car sector dealers generally positive despite global pandemic

Zamzam Mostafa

Bakeries, groceries excluded from Eid Al-Fitr curfew: Supply Minister

Adequate supply of essential goods available for Eid Al-Fitr, confirms Moselhi

Daily News Egypt

Egypt to increase electricity project investments to EGP 700bn

No disruption to country’s electricity supply chain since 2015, compared to frequent…

Mohamed Farag

Kenya to use drones, mobile apps to assess impact of desert locusts

Due to COVID-19 pandemic, invasion by desert locusts and floods, farming community…

Xinhua

Madbouly follows up on TSFE plans to establish specialized sub-funds

Soliman showcased TSFE’ plans to attract investments to high-priority sectors at these…

Daily News Egypt

Rameda reports 22% top line, 196% net income growth in Q1 2020

Company faced COVID-19 crisis through targeted policies ensuring it continuously provides patients…

Alyaa Stohy