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

Feasibility study of Al-Alamein Petrochemicals Complex to be completed end of month

Total investments of new projects company currently developing is $12.5bn

Mohamed Adel

Total franchise investment in Egypt amount to EGP 80bn, sales at EGP 14 bn: Al-Alfi

16th franchise exhibition includes 8 brands from China, 4 from Singapore, 4…

Nehal Samir

Egypt jumps eight places in WB’s 2019 Doing Business Report

Country implements biggest number of investment reforms over 10 years, says report 

Daily News Egypt

EETC pays EGP 4.2bn in debts to NIB

Company's investments amounted to EGP 20.8bn

Mohamed Farag

$349.9m raised through 4 MENA’s IPOs during Q3 2018: EY

IPO value increased year-over-year by 21.9%, compared to Q3 2017

Daily News Egypt

OIH bids to acquire 216m shares of Sarwa Capital at EGP 7.36 per share

Deal to be self-financed, comes within Orascom’s strategy to expand in non-banking…

Mahmoud El-Qassas

Overnight deposit rate to be reduced to 13.71% by end of CY 2019 : FocusEconomics

Total investment predicted to grow 10.3% in FY 2019, says report

Shaimaa Al-Aees

Turkey starts oil drilling in Eastern Mediterranean

"If harassment takes place, our naval forces will do what is necessary,"…

Shaimaa Raafat

Warsaw and Budapest go nuts for gold

When Hungary and Poland upped their gold reserves recently, some asked what…

Deutsche Welle