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

Rosatom reviews Dabaa nuclear plant’s designs as execution starts 2H 2020

Al-Sisi follows up on the project, while four government agencies participate in…

Mohamed Farag

BP invests $2.7bn to develop North Alexandria’s Giza and Fayoum gas fields

Production of second phase amounts to 680m scf/day

Mohamed Adel

Rameda targets stock market debut in 4Q 2019

Company to use IPO to fund opportunistic acquisition of pharmaceutical companies

Alyaa Stohy

Egypt to offer dollar-denominated T-Bonds, selects five lenders

The ministry said that the offering comes to exploit most of the…

Daily News Egypt

Egypt’s external debt jumps to $108.bn end-June: CBE

The CBE noted that debt services reached $13.4bn in fiscal year 2018/19,…

Hossam Mounir

SODIC launches SODIC East’s first phase of apartment buildings

SODIC East project comprises low rise five floor apartment buildings with open…

Daily News Egypt

MSMEDA participates in Financing SMEs and Strat-ups Forum in Jordan

Authority has financed 545,000 small and micro projects, creating 850,000 jobs in…

Hossam Mounir

Mastercard, e-finance join forces to digitalise government payments across Egypt

The collaboration will introduce faster, more flexible online payment solutions to improve…

Daily News Egypt

Raya Holding executes first EGP 500m securitisation

Company aims to establish another securitisation process of EGP 700m, says Hossam…

Hossam Mounir

MIIC prepares for regulative reforms to promote women’s economic empowerment

Nasr participates in the Future Investment Initiative in Riyadh

Hagar Omran