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

IDB signs protocol with Port Said governorate to finance industrial units in South Raswa

54 clients would benefit from this protocol to provide them with the…

Hossam Mounir

Ibrahim Al-Arabi wins elections for FEDCOC presidency 

The FEDCOC announced the results in the presence of 35 people with…

Daily News Egypt

EBRD, MIIC ink two agreements to support Egypt’s railways

Ministry succeeds to provide transportation sector with $6bn in funds, says Nasr

Hagar Omran

ACWA Power compares 3 bids to supply production units for Luxor power station

Siemens, General Electric, and Mitsubishi are competing on supplying the units, says…

Mohamed Farag

EGP 33bn of public sector companies’ bad debts settled

MoU to be signed soon between El Nasr Automotive, a Chinese company…

Daily News Egypt

First 3D printer for gold jewellery to be launched in Egypt: Mohamed El Hashemy

5 printers sold, for EGP 0.5m of sales since the launch, says…

Walid Farouk

Expected interest rate cuts to positively reflect on direct investment indicators end-2020: Pharos

CBE likely to decrease interest rates by 2-3% over next months in…

Hagar Omran

CBE to resume its monetary easing cycle in 4Q2019: Fitch Solutions

Future interest rate cuts to ease government's debt service burden, say economic…

Hagar Omran