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’s annual headline inflation rises to 14.1% in May

Pundits expect CBE to cut interest rates by year-end

Mohamed Samir

US dollar value continues decline against EGP in banks on Monday

The US dollar lost two piasters in the Egyptian National Bank and…

Nehal Samir

Gold Traders Syndicate warns shops from spread of counterfeit gold

Dealing with official invoices, checking gold, prevents traders getting involved in robbery…

Walid Farouk

Siemens, Egypt sign agreement to supply country’s 1st digital power transformer

Siemens has signed an agreement with the Egyptian Electricity Transmission Company (EETC)…

Daily News Egypt

Rosatom signs contract to build 2 nuclear reactors in China

A package of strategic agreements was signed on 8 June 2018, during…

Daily News Egypt

EETC poses 3 tenders for construction of transformer stations in New Valley

EGP 7.5bn to complete plan to strengthen, expand high, ultra-high voltage networks

Mohamed Farag

Do startups contribute to economic prosperity?

Startups create jobs, competition, encourage innovation

Reem Hosam El-din

Egypt to launch EGP 20bn worth medical tourism city in Badr

The medical tourism city to be built over 109 feddan within five…

Shaimaa Al-Aees

DETGD calls for communications unit within each new city

Egypt is making strong strides in the field of digital transformation, Internet…

Shaimaa Al-Aees