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

IPO’s high committee will look into first phase next month: Tawfik

Phase included floating 23 companies in banking, chemicals, petroleum, insurance sectors 

Abdel Razek Al-Shuwekhi

Elsaba Automotive establishes holding company in preparation for IPO

Company currently comparing amid 4 major consulting firms to conduct restructuring studies…

Daily News Egypt

Living Yards launches second phase of ‘The Loft’ with expected sales of EGP 700m

Company completed first phase with EGP 600m in sales, says commercial sector…

Shaimaa Al-Aees

Masharf contracts with 30 developers to market projects in New Capital

Projects marketed vary in services, spaces, prices, ranging between EGP 7,000, EGP…

Shaimaa Al-Aees

ACC to reschedule its outstanding debt with EBRD, CIB

Financing package will support ACC in its long-term strategy to improve energy…

Daily News Egypt

French companies to announce new deals over Macron’s future visit

Visit major milestone in our relations, says ambassador

Hagar Omran

FX Reserves to external debt highest in 6 years: CBE

An additional $12.7m new increase in FX reserves, reaching $44.513bn by the…

Hossam Mounir

State, investors in tug-of-war over resurrecting Egypt’s gold mines

Government on right path, it is working on the criteria investors are…

Ahmed Lamloum

Supreme Media Council addresses GAFI to suspend Mo4 over mocking Egyptian passport

El Fasla magazine mocked Egyptian passport saying: “with your Egyptian passport you…

Sarah El-Sheikh

Beltone conference marked developments in view of economic reform programme

Second phase of tenders’ programme expected to be announced before year-end: Tawfik

Daily News Egypt