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

SCEDC threatens to cut power supply to 25 factories for arrears

Minister of Electricity to form joint committee to settle investors’ troubled debts

Daily News Egypt

EEHC ready to replace unmetered power connections with temporary metering system

Six companies to provide meters including AOI, El Sewedy

Mohamed Farag

Right technologies can maximise Egypt’s offshore gas prospects: Siemens 

The technology needed to extract gas from under the Mediterranean, as well…

Daily News Egypt

Electricity Ministry defers construction of Hamrawein coal-fired plant indefinitely

Assigned consortium welcomes launching renewable energy project instead

Mohamed Farag

Egy Move organises 4 real estate exhibitions in governorates in 2020

The first expo will take place in March, he said, adding that…

Shaimaa Al-Aees

Export demand motivates frozen vegetable manufacturers to increase investment

20% growth in contracts last year, optimism over contracts beginning in 2020

Selim Hassan

MBG Development directs EGP 700m investment to Pukka New Capital

MBG Development will invest EGP 700m in Pukka compound in the New…

Shaimaa Al-Aees

MG Developments delivers 2 phases of Blue Blue Sokhna

Company to launch new phase with EGP 750m investments in 1H 2020,…

Shaimaa Al-Aees

VOW Developments targets EGP 500m in sales

Company intends to direct EGP 200m in construction works in the current…

Shaimaa Al-Aees

Egypt’s parliament calls on government to reduce gas prices for factories

Egyptian member of parliament believe fair gas prices for factories is $3.5-4.5…

Abdel Razek Al-Shuwekhi