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

El Sewedy Electric’s subsidiary to develop EETC regional control centre for EGP 584m

The project’s contract was signed last Thursday, and Egypt Cable will start…

Fatma Salah

Ezz Steel records EGP 4.2bn losses in 9M 2019 as demand decreases

Company saw increase in rebar production by 1% to 2.55m tonnes until…

Fatma Salah

Positive outlook for EGX in 2020

Future profitability multiplier for the Egyptian market is set at 10.6x: Shuaa

Eman Mohamed

10 main tasks before CBE’s new board

New board includes financial, legal, technological and economic expertise alongside the governor,…

Hossam Mounir

NBE studies establishment of rowing club in Cairo

Bank to continue sponsoring the Egyptian Rowing Federation and other games in…

Hossam Mounir

NBE’s financial position records EGP 1.7trn in 2019

Bank’s deposits reached EGP 1.3trn, while loans were EGP 570bn, including EGP…

Hossam Mounir

Suez Canal’s revenues rise by 1.3%, recording $5.8bn in 2019

SCA decided to raise crossing-fees by 5% on bulk barriers and LPG…

Daily News Egypt

Chinese embassy, IDSC to hold conference on Wednesday coinciding with Chinese FM visit

Visit to promote joint coordination on the Belt and Road Initiative, says…

Hagar Omran

Madbouli chairs ministerial committee for tourism, antiquities

Committee aims to resolve all obstacles that impede tourism and antiquities activities

Daily News Egypt