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

Domty inks EGP 50m deal to install new bakery line

The production capacity of the new line will be 270,000 pieces a…

Alyaa Stohy

Egyptians get 7.7% less work abroad permits in 2018: CAPMAS

In its annual bulletin about work abroad permits in 2018, CAPMAS said…

Daily News Egypt

Marina, Ministry of Youth to sign water sports cooperation protocol

The protocol also aims to provide the required development and hold competitions…

Shaimaa Al-Aees

Raya Holding signs €5m loan agreement with EBRD

This is the first Developmental Financial Institution (DFI) to lend Raya since…

Alyaa Stohy

US-funded training centre established in Assiut to support water services

Since 2009, USAID’s partnership with Assiut has helped over 370,000 residents have…

Daily News Egypt

Egypt, USAID sign four agreements worth $59m

Agreements reflect USAID strong and enduring partnership with Egypt, says mission director

Hagar Omran

Delta Steel Mill to upgrade factories with EGP700m

Modernisation to turn the company’s EGP 50m annual losses into EGP 150m…

Daily News Egypt

Tourism investors owe $180m to government

600 investors obtained lands from Tourism Ministry, failed to pay lands’ instalments

Abdel Razek Al-Shuwekhi

Microfinance balances increase to EGP 13.79bn end-June: FRA

Funding increased by EGP 4.04bn in a year, clients up 14.1%

Hossam Mounir

Electricity plants make up 60% of Egypt’s gas consumption in FY2020/21

Production surplus will be exported via gas liquefaction plants, sources reveal

Mohamed Adel