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

Prime Minister orders restructuring Egypt ERA’s board of directors

Prime Minister Mostafa Madbouly issued a decree to restructure the board of…

Mohamed Farag

Government keeps 2% in annual fees on land usufruct for renewable energy projects

The government decided to keep the land usufruct fees for new and…

Mohamed Farag

EETC offers 3 tenders to establish transformer stations next month

Companies will present their offers to supply comprehensive works, say sources

Mohamed Farag

EGX to move sideways in mid-term as it awaits fresh catalysts

Benchmark EGX30 index may retest 15,320 points if it breaks resistance at…

Daily News Egypt

CBE demands from banks to increase funding to agricultural sector

Banks to fund cooperatives in small enterprises initiative with interest rate discount…

Hossam Mounir

Fifth Coaltrans Cairo discusses expansion in using coal in industrialisation

The fifth edition of Coaltrans Conference held in Cairo between 18-19 March…

Daily News Egypt

Omani sovereign wealth fund explores investment opportunities in Egypt

A mission from Oman’s State General Reserve Fund (SGRF) will visit Egypt…

Daily News Egypt

EFG Hermes reports EGP 1bn profits, EGP 4.3bn revenues in FY 2018

Firm’s board of directors proposed cash dividend of EGP 0.65/share, equivalent to…

Daily News Egypt

Boeing to release new software update, training to face concerns found in 737 MAX accident

Company is supporting Ethiopian plane crash investigations, providing technical expertise, says Boeing’s…

Daily News Egypt

Tatweer Misr signs MoU with NJIT, OCC to start first American IBC in Bloomfields at Mostakbal City

Tatweer Misr, an Egyptian real estate developer, signed a memorandum of understanding…

Shaimaa Al-Aees