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

EgyptERA approves Solaris request to supply solar energy to Arabian Cement

Approval includes company’s full commitment to regulations specified in annually-renewed licence

Mohamed Farag

Finance Ministry grants EgyptAir Holding Company EGP 2bn loan

EgyptAir and subsidiaries greatly impacted by halt in global air traffic, with…

Daily News Egypt

CWW to be held in October as planned, Irrigation Ministry 

Ministry has decreased administrative manpower by 20% due to ongoing COVID-19 pandemic

Daily News Egypt

Afreximbank anticipates raising over $1bn in syndicated loan despite COVID-19

Market’s confidence in bank, despite current uncertainty, was testament to strength of…

Shaimaa Al-Aees

COMESA to develop online information platform for essential products

Member states will electronically publish new trade, customs measures in response to…

Shaimaa Al-Aees

Vodafone Egypt reports revenues of EGP 26.4bn in FY 2019/2020

The figures for FY 2019/2020 compared to the €1.1bn reported in the…

Mohamed Alaa El-Din

Unemployment decrease consistent with Egypt’s high growth rates: El-Said

Decrease offset by negative impacts of coronavirus and slight increase in unemployment…

Daily News Egypt

103 projects approved for City Center Almaza’s investment zone

Investment zones operate in Giza, Sharqeya, Damietta, and Cairo on 2,142 feddans…

Daily News Egypt

Ericsson highlights impact of COVID-19 on telecommunications

Cellular, fixed and wireless broadband technologies are essential to support various companies,…

Mohamed Alaa El-Din

DETGD, Microsoft cooperate on digital transformation initiative

Joint initiative seeks to help smaller companies reap advantages of ERP systems

Mohamed Alaa El-Din