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 signs 1.4GW energy purchase agreements with 32 companies: NREA

El-Khayat’s remarks came during “The Transformation Toward Green Economy” conference, which was…

Nehal Samir

Switching to green economy became a necessity: CSR Arabia 

During his speech, Mostafa added that the world is moving towards applying…

Daily News Egypt

Egypt launches 1st application for monitoring environmental cleanliness Monday

Application covers seven neighborhoods across Egypt, says Fouad

Nehal Samir

Kristalina Georgieva: meet IMF’s new managing director

Former WBG’s interim president to officially assume her new position on Tuesday

Hagar Omran

Demand comeback for F&B sector with moderating inflation

Demand growth back on track on more positive economic outlook, with margins…

Daily News Egypt

ERC is planning to launch real estate development projects in 4Q 2019

Company estimates that Bay Village and Bay Condos will be completely delivered…

Alyaa Stohy

Beltone forsees 0.5% interest rate cut in CBE’s coming meeting, 3% cut in 2020

We do not expect pressure on local currency after interest cut, exchange…

Hossam Mounir

Production testing of Zohr’s 13th gas well likely to start next week: source

Gas consumption by power plants down by 500m scf/day, say source

Mohamed Adel

Egyptian pound gains 5 piasters against the US dollar despite CBE’s interest rate cut

The average official price of the US dollar at the Central Bank…

Hossam Mounir

EGX rises 3.3%, supported by Egyptian and foreign purchases

In a clear turn of events, the EGX decided to suspend trading…

Alyaa Stohy