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 targets 6% GDP growth, reducing deficit to 7.2% in FY 2019/20: Moeit

Government plans to reduce public debt to less than 80% by end…

Daily News Egypt

Egypt begins construction of largest petrochemical complex in Middle East

Company seeks to consolidate its relationship with its customers during breakbulk Europe…

Mohamed Farag

EGYTRANS prepares to compete for petrochemical projects in Sokhna: Leheta

EGYTRANS seeks to consolidate its relationship with its customers during Breakbulk Europe…

Sherif Serag

“Our major advantage is diversified setup… we aren’t dependent on specific industry”: KML Chairperson

Company has several new projects, investments to improve quality of services offered…

Aya Nasr

13 banks in Egypt score EGP 8.48bn in net profits in 1Q19

CIB ranks 1st with profits of EGP 2.64bn, QNB AlAhli follows, Faisal…

Hossam Mounir

EFG Hermes Leasing obtains EGP 75m facility from SFD

Plan to launch another securitisation programme in pipeline before end of 2019

Alyaa Stohy

55 Russian companies express their desire to invest in SCZone

Trade exchange between Egypt, Russia hits $7.66bn in 2018

Nehal Samir

Intro Energy to launch $100m energy projects in 3 years

Intro Energy is planning to launch several projects to produce electricity from…

Mohamed Farag

Egypt allows Eni, BP to export gas through Idku liquefaction plant

Development agreements of Zohr, North Alexandria allow foreign partners to export gas…

Mohamed Adel