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

China could be big winner in no-deal Brexit

A no-deal Brexit would hit the EU and developing countries, but bring…

Deutsche Welle

World economic growth projected to pick up in H2 of 2019: IMF

Global growth softened to 3.6% in 2018, predicted to decline further to…

Shaimaa Al-Aees

Egyptian economy growing at very reasonable rate: IMF

Washington DC - Gian Maria Milesi-Ferretti, the deputy director in the Research Department…

Shaimaa Al-Aees

United Energy Group acquires Kuwait Energy for $650m

Shalakany acted as sole buy side legal advisor for all Egyptian assets…

Daily News Egypt

Tender to be launched over site consultancy of solar plant in west Nile

The companies qualified for establishing a solar energy plant with a 200MW…

Mohamed Farag

Egypt rejects French wheat shipment for excessive levels of ergot fungus

Egypt has rejected a French wheat shipment for because of higher-than-acceptable levels…

Daily News Egypt

Basic interest rates, future outlook of inflation consistent with our goals: CBE

Egypt’s real GDP growth softened to 5.3% Q3 2018, unemployment rate inched…

Hossam Mounir

GAFI, parliament to discuss amendments to Law 159 to regulate bonds market

Authority’s CEO stressed Egypt’s attractiveness for FDIs following CBE's estimation

Hagar Omran

Marakez acquires land in Mansoura to establish EGP 1.4bn commercial mall

Marakez for Real Estate Investment has acquired from the Internal Trade Development…

Daily News Egypt