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

Goldalex aims to double its exports, compensate for last year’s decline

Company targets to grow exports by 100% this year to reach $20m

Basma Tharwat

Egypt’s Supreme Organising Committee for AFCON to manage economic aspects of tournament: Madbouly

Egypt to provide medical centres, 3-language hotline, tourism programmes for fans

Abdulrahman Al-Shuweikh

Petroleum Marine Services signed 35 contracts worth EGP 298m in 2018

El Sayed El Badawy, head of the Marine Petroleum Services Company, has…

Daily News Egypt

Abu Qir Petroleum considering drilling new well with investments of $30m

Company plans to finish 5 wells to add about 5,000 barrels of…

Daily News Egypt

NIB drops suits against electricity companies before Economic Court

Negotiations with government agencies to schedule EGP 200bn during current year, says…

Daily News Egypt

Increase in cleaning fees on electricity bills in July

The government is planning to increase the value of cleaning fees, and…

Daily News Egypt

Six companies supplying wind turbine parts to Zafarana wind farm

List includes Siemens, Vestas, Golden Group

Mohamed Farag

Empower aims to sell energy to factories on IPP scheme: Elgamal

Company sold electricity produced from waste plants with 900,000 kW/h capacity for…

Mohamed Farag

CBE pays EGP 114.4bn of interest on Deposit Operation in FY 2017/18

Bank turns from profits of EGP 12.66bn in FY 2016/17 to losses…

Hossam Mounir

Beta Egypt delivers Beta Greens project in Hadayek October

Company targets achieving EGP 1.2bn sales in 2019

Shaimaa Al-Aees