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

RG Investment merged into GB Auto as part of restructuring

GB Auto revenues fell 6.3% y-o-y to EGP 5.65bn in 2Q19, with…

Alyaa Stohy

Suez Canal revenues hike by 5.4% to reach $5.9bn in FY2018/19

Mamish revealed in a press conference on Tuesday evening that $25bn was…

Daily News Egypt

CBE issues import, export standards on foreign banknotes surplus

The CBE affirmed that these standards comes in the framework of the…

Hossam Mounir

Housing Minister sponsors 2nd Think Commercial round-table

Round-table to tackle boosting real estate investments in Egypt on 27 August

Daily News Egypt

Egypt’s steel industry, stuck in a legal limbo

Eleiwa says that billet imports reached 1.59 million tonnes last year, El…

Nihal Mounir

NREA to launch tender for 20MW solar power plant in Hurghada in September

JICA to fund the project with $85m facilitated loan

Mohamed Farag

Visiting Egypt as a tourist in 2019

After an eight-year slump for tourism in Egypt largely due to safety…

Daily News Egypt

Poly Egypt to supply EGP 8m worth LED curbstone roadside pavements for New Capital

Company has EGP 18m contracts, aims to increase its exports

Mohamed Farag

EgyptERA sets grid fees for electricity producers, distributors via bilateral contracts

Fees reach 3.26 piasters per kw/h on ultra-high voltage, 8.43 piasters for…

Mohamed Farag

Electricity Ministry on alert for Eid al-Adha holiday

Ministry provides autonomous diesel-generator units to ensure stable service in coastal cities,…

Mohamed Farag