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

EDF Renewables invests in Egypt’s KarmSolar, becomes shareholder

In a Monday press statement, EDF Renewables will make a capital investment…

Daily News Egypt

DP plans to invest 520m for expanding Ain Sokhna Port

$1.6bn investments of the company in Egypt, says Al Banna

Daily News Egypt

CBE Governor Tarek Amer to remain in office until 2023

Amer, whose term ends this week, was appointed in 2015, succeeding former…

Hossam Mounir

Fitch maintains Egypt’s long-term credit rating at ‘B+’ with stable outlook

Real GDP growth to remain robust at 5.5%, budget deficit to narrow…

Daily News Egypt

Cement crisis: Egypt stocked up with enough reserves for 20 years

Cement workers in Egypt complained a lot about the industry situation and…

Tamer Farhat

Construction and Housing Cooperatives’ investment budget to reach EGP 3.5bn in FY 2020/21: Chairperson

The authority aims to implement co-operative housing projects in New Obour, New…

Shaimaa Al-Aees

DOJA contracts with JLL to provide advisory services to Aurora project

Project's investments reached EGP 1.2bn, of which EGP 60m for first phase

Shaimaa Al-Aees

Egypt is a strategic partner to the US: Cohen

US commits $430m in insurance to a natural gas project in Egypt,…

Daily News Egypt

Green municipalities, renewable energy, IPOs, PPPs to lead EBRD’s work in Egypt: Chakrabarti

EBRD to have four offices in Egypt by 2020, says bank’s president

Shaimaa Al-Aees

Trade volume between Egypt-Nile Basin countries in 2018 reach $1.872bn

15.1% increase in Egyptian exports to Sahel and Sahara countries to record…

Hossam Mounir