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

Egypt imposes 25% tariff on steel rebar, 16% on iron billets for three years

Since the beginning of this year, Egypt’s iron industry has been subjected…

Mohamed Samir

Egypt to impose quality control on solar equipment importers starting 23 October

Importers to conduct product testing at NREA for maximum EGP 40,000 per…

Mohamed Farag

EGP300m, development cost of Sharm Dreams, Fayrouz Resorts: Abo El Enein

Development period will take between a year and a year and half,…

Nehal Samir

Jaz Hotel Group to add 4 hotels to its management hotels in six months: CEO

The group's occupancy sees 18% hike in 9 months, says Akel

Nehal Samir

Gas exports fell to 100m scf/day due to low global prices

Egypt poised to achieve surplus of production after meeting the needs of…

Mohamed Adel

KaramSolar negotiates with 5 banks to finance EGP 1bn solar projects

The list of banks in negotiation with KarmSolar includes IFC and EBRD

Mohamed Farag

Egypt’s tourism revenues to rebound to $16.7bn by year-end: IMF

Next Article IV consultation likely to be held early 2020, says staff…

Hagar Omran

Doosan eyes participating in Dabaa Nuclear Plant, desalination projects in Egypt

“Government’s policy focusing on renewables is in the right direction,” says country…

Hagar Omran

Samsung Electronics Egypt to maintain annual investment at $20m: Chairperson

“Company to increase its exports by 20% this year,” says Choonki

Hagar Omran

KOTRA aims to organise environment investment mission to Egypt in 2020

“Egypt is a country with a great potential,” says Shin Wooyong

Hagar Omran